Added to YB: 2026-07-31
Pitch date: 2026-07-29
4274.T [bullish]
Hosoya Pyro-Engineering Co., Ltd.
+0.38%
current return
Author Info
Price to Tangible Bruce is a deep value investor. Buying what most investors don't like across global public markets. Sign up for the newsletter.
Company Info
Hosoya Pyro-Engineering Co., Ltd. researches, develops, manufactures, tests, evaluates, and sells pyrotechnic products for the leisure and space industries in Japan.
Market Cap
JPY 4.2B
Pitch Price
JPY 1.1K
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.86
P/E
19.82
EV/Sales
1.85
Sector
Leisure Products
Category
value
Buying Japan's Defence Build-Up on the Cheap - Hosoya Pyro-Engineering Co., Ltd.
4274.T: Japanese pyrotechnics/explosives maker (flares, signals, disposal), >50% rev from MoD, direct defense-spend beneficiary. P/TB 1.05x, EV/EBIT 13x, P/E 19x. Op margin 10.6%→14.2% in 3yrs. ~625m hidden RE value (647m book vs 1.27b fair). Fortress BS (3% D/E). Catalyst: ammo storage expansion. Illiquid.
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