Big Brother
6年前
Was just reading that, almost tempted to try and dump some under performing tickers and buy this instead, this merger/acquisition looks pretty good from a balance sheet perspective IMO.
While they are in the red this year a bit, last year looks quite nice, almost $37M in revenue and $3.5M profit, and a boat load of cash on hand($13M) plus $20M in assets and very minimal liabilities beyond deferred income.
I'm not necessarily a big believer in balance sheets, it terms of whether or not a stock can run, but this looks pretty good for the price IMO, especially considering there are only 200K shares held at DTC, the float is 2.8M, but the bulk of that is not easily tradeable.
$hellKing
7年前
Executive Profile
Tomoo Yoshida
Chief Executive Officer, President, Chief Financial Officer, Secretary, Treasurer and Director, Exceed World, Inc.
Age Total Calculated Compensation This person is connected to 1 Board Member in 1 organization across 2 different industries.
53 --
Background
Mr. Tomoo Yoshida founded e-Learning Laboratory Co., Ltd. in 2002 and serves as its Chief Executive Officer. Mr. Yoshida has been Chief Executive Officer, President, Chief Financial Officer, Treasurer, Secretary and Director at Exceed World, Inc since January 12, 2016.
https://www.bloomberg.com/research/stocks/private/person.asp?personId=322553917&privcapId=285639541
$hellKing
7年前
Company Overview
Exceed World, Inc., through its subsidiary, School TV Co., Ltd., distributes and sells health related products to distributors and consumers in Japan. It sells skincare products, supplements, and health beauty equipment. The company was formerly known as Brilliant Acquisition, Inc. and changed its name to Exceed World, Inc. in January 2016. The company was founded in 2014 and is based in Suita, Japan. Exceed World, Inc. is a subsidiary of e-Learning Laboratory Co., Ltd.
https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=285639541
$hellKing
7年前
Message from the President
photo:Founder & CEO Tomoo Yoshida photo:Founder & CEO Tomoo Yoshida
One's life is heavily influenced by education.
In current-day Japan, economic disparity has produced educational disparity. This has triggered a "disparity spiral" that gives rise to even greater economic inequality.
As a result of the restructuring measures companies have pushed, since entering the 2000s the social divide has without a doubt widened. For example, there are increasing numbers of students who advance to the high-school level but are forced to drop out because they cannot pay their tuition fees. There is also a not so small number of children who abandoned hopes of going to university due to their economic circumstances.
e-Learning, an educational style fit for the 21st century, is the trump card that will lead to a rebirth and resolve the many educational issues Japan is struggling with.
By using e-Learning to distribute educational materials, anyone is able to study anytime they want, any place they want, and for just as long as they want all for a low price. e-Learning affords all children an equal opportunity for education, and it holds the potential to be the remedy for the downward spiral in economic and educational disparity. I personally, both as a private citizen and representative of a private business, would like to act sincerely to affect a tidal transformation in Japanese education.
From this "closed" society where it is becoming harder to hold on to a dream or goals, I would like to create a society where people can achieve self-fulfilment one by one.
Furthermore, I would like to make possible a society where all children can learn with an even playing field, and each and every dream and goal can be realized.
I might not have the strength to do it alone, but let us work together to support our children's future by providing better education and crafting a sound educational environment.
That is the end to which I have decided to devote my life's work.