Kimuratan
8107
キムラタン

Company Information

Corporate Site 

Kimuratan Corporation is an apparel manufacturer that mainly handles baby and children's clothing. The company is currently in freefall with their retail sales, and pivoting to online-only storefronts and real estate ventures.

One a brand that had hundreds of stores across the country, all retail storefronts have closed up and the business is but a pale imitation of its former glory. The stock price reflects that, but they still do offer perks!

Stock Perks

Rights day

End of March

Details

Coupons for their online store to buy children's clothing. You have to spend at least 8500yen to be able to use the coupon.

Requirements

200 shares gives you 1 coupon for 3000yen

1,000 shares gives you 3 coupons for 3000yen each

10,000 shares gives you 5 coupons for 3200yen each

100,000 shares gives you 10 coupons for 35000yen each

In the past, you also received coupons which you could use at the physical stores. As no more stores exist, this perk was removed.

Comment

The interesting thing here is that the share price is so low that for the 200 share perk, the yield is around 75%. Back when they still gave you the physical store coupons, you could actually exceed 100%, and the 1,000 share perk was also very generous. Even now that gives you close to 50%. I think you'll be taking on too much risk if you go further than that.

If you like the Kimuratan brand of clothing, buying this stock for the perks will definitely pay off as long as the company doesn't go out of business. The designs are fashionable and seem to be well-made from what I've bought for my kids, and you can use the coupons on sale items.

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