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Indian Beauty

Leading Surfactant Manufacturer with Asia Growth Tailwinds Trading at 110% NCAV

Kenkyo Investing · · 82 views

Thinking points Introduction Matsumoto Yushi-Seiyaku Co., Ltd. (“MFS”) is a small surfactant manufacturer headquartered in Osaka, Japan. It commands a leading share in Japan for surfactants for textiles and thermo expandable microcapsules, which are mainly used in industrial processes. MFS discloses regional segments only by production base, with Japan accounting for 98% of total revenue […]

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