What are your thoughts on the popular Japanese Retail Company MUJI (or Ryohin Keikaku)?
by leewj1993 | May 7, 2018 6:08 pm
Has anyone ever heard of the company? I had a chance to visit one of their stores in Asia[1], and while its presence in North America seems limited at the moment (like ~ 20 stores) they seemed to be a big deal/high growth company especially in Japan[2], Korea[3], and China[4]. I like their business model (and also their ”no-brand” policy) and would like to invest but some factors (PE of 34 and Price/Book of 6) make me a bit hesitant.
You can find the basic information on Wikipedia and Bloomberg[5] (JP 7453). Does anyone think it’s a good company to own?
Endnotes:
- Asia: https://www.stockgumshoe.com/tag/asia/
- Japan: https://www.stockgumshoe.com/tag/japan/
- Korea: https://www.stockgumshoe.com/tag/korea/
- China: https://www.stockgumshoe.com/tag/china/
- Bloomberg: https://www.stockgumshoe.com/tag/bloomberg/
Source URL: https://www.stockgumshoe.com/2018/05/microblog-what-are-your-thoughts-on-the-popular-japanese-retail-company-muji-or-ryohin-keikaku/
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