DividendDan 
Educational content only. Not financial advice. See the full Disclaimer. I refresh TDnet every quarter because the English-language dividend trackers everyone else reads are running weeks behind the actual Japanese disclosures, and this quarter’s PBR-reform numbers are too interesting to read secondhand. Investment Thesis Author’s View: Constructive (Framework) | Fair Value Estimate (Author’s Model): Thesis-based … Read more
Educational content only. Not financial advice. See the full Disclaimer. Is Tokyo Gas (9531) still a slow-growth city-gas monopoly, or has its power, retail electricity, and overseas LNG mix already made it closer to a diversified infrastructure fund? Japanese-language filings already hint at that shift, and I don’t think English-language coverage has caught up yet. … Read more
Educational content only. Not financial advice. See the full Disclaimer. Why does a TSE Prime-listed insurer trading at 0.7x book value pay a 4.2% yield most U.S. dividend screens never surface? Tracking Tokyo’s capital-efficiency reform push in the original Japanese-language filings, I read SOMPO’s valuation gap as policy-driven mispricing, not a warning sign. Investment Thesis … Read more
