TSE:166AConsumer Durables
TASUKI Holdings (TSE:166A) Stock Rallies As EPS Power Fades
TASUKI Holdings went into this print with the stock already on a strong run, up about 41% over the past three months and closing at ¥1,125 just after the Q3 release. The headline this quarter is a squeeze in profitability. Quarterly basic EPS dropped to ¥19.20 on revenue of ¥16,931m, well below the prior quarter’s earnings power. That sits awkwardly against a trailing twelve month net margin of 7.0% and a P/E of 10.8x that some investors viewed as appealing. The gap between the recent share...