TICKER 8219.T
ISIN JP3106200003
Market cap. JPY
127,707,337,490
Shs outstanding 48,557,923
Aoyama Trading Co., Ltd. engages in business wear, casual wear, credit card, printing and media, sundry sales, repair service, and other businesses in Japan. The company offers business wear, such as suits, jackets, slacks, coats, formal wear, and other clothing items; and casual wear, such as jeans. It also issues and manages credit cards, as well as manages finance; offers a range of sales promotion services, including distributing flyers and direct mails; and publishes magazines. In addition, the company provides repair services for shoes and key duplication under the Mister Minit brand; sells daily merchandise and processed foods; and operates restaurants and fitness gyms. Further, it operates in the web media business. As of March 31, 2021, the company operated 800 Yofuku-no-Aoyama stores; 50 The Suit Company stores; 8 Universal Language stores; 4 White The Suit Company stores; 6 Universal Language Measure’s stores; and 27 Aoyama Suits stores. It also operated 12 LEVI’S stores; 14 2nd STREET stores; 2 JUMBLE STORE stores; 111 Yen shop Daiso stores and 6 WTW stores for sundry and interior products; and 38 Yakiniku King restaurants, 13 Yuzu An restaurants, and 4 Anytime Fitness center for gyms. Aoyama Trading Co., Ltd. was founded in 1964 and is headquartered in Hiroshima, Japan.

Strategy:

Return at exit: Live
Value Play with Strong Momentum
• Aoyama Trading stands out for its compelling combination of market outperformance and attractive valuation, with shares gaining 20.7% over the past year while trading at just 0.7x book value. • The stock offers an impressive 5.4% dividend yield with remarkable 51% dividend growth, demonstrating management’s commitment to shareholder returns, recently reinforced by the announced share buyback program and 3-for-1 stock split. • Despite slight revenue contraction (-1%), the company maintains healthy profitability with 51.8% gross margins and 6.2% operating margins, while individual segments show strong performance (Franchisee Business at record highs, Business Wear profits up 14.3%). • Trading below the InvestingPro fair value of 2,812 JPY, the stock presents significant upside potential with fundamental strength to support continued price appreciation.