Japanese stocks, Summary of financial results.

Pharma Foods <2929>

株式会社ファーマフーズ<2929>
Settlement on September 7, 2020

EPS: Estimate 18.01 yen → 23.79 yen (OK)
Revenue: Estimate14,500 million yen → 15,353 million yen (OK)
Revenue growth rate: + 95.4% year-on-year (OK)

[2021 Guidance]
Expected EPS 28.1 yen (+18.1)
Revenue forecast 23,357 million yen (+52.1)

[Positive factor]
・ Declining birthrate and aging population
・ Sales of hair restorer increased
GABA is doing well
・ Improvement of Customer Success

[Negative factor]
・ Reduced contracts for biomedical business

[Forecast data]
・ Continued declining birthrate and aging population
・ I’m worried about my hair roots

From the above, I think it is a very good company for investment.

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