create restaurants holdings walked into this earnings print with a rich P/E of 82x and a share price that has slipped over the past week and quarter. The stock still trades above a discounted cash flow estimate of ¥681.23 even after that drift. The headline this time is profit pressure. Q2 basic earnings per share came in at ¥1.09 on revenue of ¥42,814m, a far thinner showing than the strong Q1 run rate. For a group priced well above the wider Japan hospitality sector, that margin squeeze is what the market is now starting to question.

If you like the consumer story behind create restaurants holdings but feel uneasy about paying 82x P/E while profits come under pressure, check out the 22 resilient stocks with low risk scores for…