On Nippon tv (9404): is there really that much equipment? I concluded P/B is rather close to real P/Ev since many financial investments on the balance sheet, not entirely included in shown EV (depending on screener?).
They have not really started on increasing roe and P/b, nore higher dividends or SBB, but there are some goals to increase non tv business/profits.
(I guess based on low P/b shares have performed well YTD but without hedging joy or using jpy loans it was only soso, and not the best buy so far)
Shame not all of these companies have ADRs, but great writeup that broadened my knowledge beyond Sony and Sega!
On Nippon tv (9404): is there really that much equipment? I concluded P/B is rather close to real P/Ev since many financial investments on the balance sheet, not entirely included in shown EV (depending on screener?).
They have not really started on increasing roe and P/b, nore higher dividends or SBB, but there are some goals to increase non tv business/profits.
(I guess based on low P/b shares have performed well YTD but without hedging joy or using jpy loans it was only soso, and not the best buy so far)
https://searching4value.wordpress.com/2023/04/28/some-bets-on-japan-changing-pf-moves/