Jiro Yasu, portfolio manager of Varecs Partners, will present his investment thesis and in-depth research on Amuse at Asian Investing Summit 2017, to be held online on April 4-5. Here’s a snapshot of the investment thesis:
AMUSE (Tokyo: 4301) is a management company of Japanese music artists. The company has a market cap of ~30 billion yen, with net cash of 20 billion yen. EBIT is roughly 3-4 billion yen.
Jiro Yasu has more than 15 years of investment experience in the Japanese equity markets including at Varecs Partners, First Eagle Investment Management and Daiwa Securities America. As the Representative Director of Varecs Partners, Jiro spearheads the investment firm’s efforts to identify mid-sized listed Japanese companies where corporate value can be realized for all stakeholders by working together with management. Jiro holds a BA in economics with a specialty in econometrics from Keio University.