Company Information

Corporate Site 

Laxus Technologies Inc is a Japan-based company mainly engaged in the provision of Laxus, a subscription-based sharing service for branded bags to general consumers in Japan. The Company provides the opportunities for general consumers to use high-quality branded bags through smartphone apps and Internet sites. The Company operates through a subscription service with a flat-rate fee. 

As mentioned, Laxus is a service where you can rent expensive bags and purses and return them, although you can also just buy items that you want to keep. You can also give your bags to the company to rent out and make a small amount of money through that. You can get some pretty expensive brands such as Hermes, Chanel, and Dior.

Stock Perks

Categories: Discounts

Rights day

End of March, end of September

Details

2,000 yen monthly discount vouchers for the Laxus service, you get 6 for each rights date so if you keep the stock you will essentially get a permanent discount. You can only use one per month.

Requirements

100 shares.

Comment

The service costs around 10,000 yen a month so even with the discount it's not exactly cheap, but if you or someone you know is interested in renting luxury bags you might as well invest in the stock since at the current share price you'll make your money back pretty fast.

Chart