Discussion about this post

User's avatar
AltayCap's avatar

I view this as a low risk medium reward play. I own a much larger position in Nippon Ichi Software as it has much more upside, and while both names don't have much downside, Imagineer seems to be safer. Another cheap Japanese game developer I own is Falcom which Mokapu Capital already wrote up: https://mokapucapital.com/nihon-falcom-small-cash-rich-niche-video-game-developer/

I love to own these names in a basket as any of these names have the potential to release a hit game and return multiples of their current price. While I've written up several gaming companies now, Japan makes up only around 20% of my portfolio, but I've been finding a lot to like there.

Expand full comment
Continuous Compounding - Alan's avatar

Hey, it's been a year; has anything changed about this name that I should know about? Price is still sitting around 1000 yen. The positive carry is still available at 1.5% from IBKR. Still looks like a I don't lose much bet, and if they produce a hit game, the stock could increase quite a bit.

Expand full comment
7 more comments...

No posts