Added Eidai Kako 7877.T to the portfolio. Tiny automobile supplier and plastics maker. Classic shitco net net territory stonk. Very cheap at just 30% of its book value. Lots of cash reserves. Pays a 3% dividend yield on top of a QUO card yutai. Collect dividend and chill

@CacheThatCheque Literally did a deep dive on this this morning, as part of my “cheap and did a buyback” screen. Makes floor mats doesn’t get any more exciting than that. and is rock solid will be buying on Monday.

@CacheThatCheque Equity ratio of 73%, probably unaffected by electrification, and I see zero sustainability/diversity bullshit on their website. Low liquidity but good find I think