Miroku Jyoho Service Co., Ltd. 9928

Miroku Jyoho Service (TSE:9928) posted a net profit margin of 10.5%, topping last year’s 9.8%, with earnings rising 11.4% in the latest year and averaging 13.9% annual growth over the past five years. While revenue is expected to rise by 3.6% per year, lagging the broader Japanese market’s 4.5% forecast, the company’s Price-To-Earnings Ratio of 10.6x stands well below the industry average of 20.8x. This flags its valuation as attractive relative to sector peers. With high quality earnings and...