Great piece of analysis. And completely agree. Will grow and grow. For discounters, I might add Cosmos Pharmaceutical and PPIH's Mega Donki format. Oh and Lopia.
I like Cosmos although of course it is a drugstore-discounter. I also like Genky Drugstores (9267 JP). The latter is likely to expand supra-regionally going forward. Ditto for OK Super and Lopia but unlisted for now. One of the best supermarket operators is Yaoko and it has just launched a discount format; early days but its record on full price supermarkets should mean success in discount.
Great piece of analysis. And completely agree. Will grow and grow. For discounters, I might add Cosmos Pharmaceutical and PPIH's Mega Donki format. Oh and Lopia.
Thank you - your expert endorsement means a lot to me as a generalist.
Which one among all the other listed discounters has the most dependable growth path alongside KB?
I like Cosmos although of course it is a drugstore-discounter. I also like Genky Drugstores (9267 JP). The latter is likely to expand supra-regionally going forward. Ditto for OK Super and Lopia but unlisted for now. One of the best supermarket operators is Yaoko and it has just launched a discount format; early days but its record on full price supermarkets should mean success in discount.
Amazing write-up, learnt a lot