TSE:9743Professional Services
Tanseisha (TSE:9743) Stock Price Lags As Margins Tighten
Tanseisha’s stock closed at ¥1,471 after a choppy week that left the price slightly weaker over seven days but still ahead over three months. The emotional swing today revolved around one thing: profitability looked tight. Quarterly net income of ¥688 million on revenue of ¥21,826 million and a trailing net margin of 4.5% set a sober tone for a business that depends on design fees and project execution to carry earnings.
Is Tanseisha a genuine value opportunity at a 15.5x P/E and a quoted...