Added to YB: 2026-07-03
Pitch date: 2026-06-30
196A.T [bullish]
MFS, Inc.
+0.7%
current return
Author Info
No bio for this author
Company Info
MFS, Inc. provides online mortgage loan services in Japan. The company develops and operates mortgage comparison diagnostic service “Mogecheck” and the comprehensive real estate platform “INVASE”.
Market Cap
JPY 3.0B
Pitch Price
JPY 285.00
Price Target
980.00 (+239%)
Dividend
N/A
EV/EBITDA
14.75
P/E
30.69
EV/Sales
0.27
Sector
Financial Services
Category
special_situation
MFS, Inc. TSE Growth: $196A The Quiet Digitiser of Japan’s ¥180 Trillion Mortgage Market
196A.T: Founder-led fintech digitizing Japan's ¥180T mortgage market via Mogecheck comparison platform. FY25 first profit (¥160m). Optical 41% GM masks 70%+ core Mogecheck economics diluted by INVASE pass-through. BOJ hikes drive refi wave; Zenkoku Hosho 10% stake validates moat. Down 55% from IPO high on sentiment/dilution. Fair-PE 22x on ~¥45 FY28 EPS = ¥980 vs ¥263, ~55% annualized 3yr. Micro-cap, illiquid, high-vol special situation.
Read full article (11 min)