Wagokoro Co., Ltd. Achieves 150.46% Return, Establishing Itself as a Multibagger Stock

Wagokoro Co., Ltd., a notable player in the footwear industry, has demonstrated remarkable performance, distinguishing itself as a multibagger stock. Over the past year, the company has achieved an impressive return of 150.46%, significantly outpacing the Japan Nikkei 225, which recorded a performance of 46.92% during the same period. In addition to its strong annual performance, Wagokoro has shown resilience in the short term, with a 1-week performance of 11.26% compared to the Nikkei's slight decline. The company's financial health is underscored by a robust net profit growth of 20.56%, and it has consistently reported positive results for six consecutive quarters. Wagokoro's operational metrics are equally compelling, with net sales reaching a record high of JPY 751.67 million and operating profit at JPY 199.85 million. The company benefits from a favorable raw material cost environment, which has decreased by 11.51% year-over-year. With a return on equity of 62.43% and a price-to-book ratio of 4.68, Wagokoro Co., Ltd. presents an attractive valuation in the footwear sector.