A Japanese Take on See's Candies

Sweet, sweet returns.

Welcome to my Substack, where I delve into the world of truly undiscovered companies from across the globe. Everyone is talking about the same 200-300 stocks, but there are more than 55,000 publicly traded companies in the world. Here, we explore hidden gems in the financial markets that often fly under the radar of mainstream analysts and investors.

Teaser

This Japanese chocolate maker has all the hallmarks of a great business, including really steady revenue and profit growth, and beautifully expanding margins. Is this the next See’s Candy? Does this 26% 10-year compounder deserves a spot in your portfolio? Our in-depth analysis explores the company's financial performance, competitive positioning, and whether this chocolate is sweet or too sour.