Japan/Asia Long-Short, LightStream Research

Mio Kato

Japan/Asia Long-Short

Japanese and Asian equity long/short strategies

Uzabase

Specialising in Japanese and Asian equity long/short strategies with a focus on rigorous, but targeted quantitative analysis to temper evaluations of company strategy, potential and vision. At Uzabase, our team of analysts provides coverage of industry dynamics with a local Asian flavour on Speeda, our financial information platform. Going forward we are aiming to channel our focus toward thematic research on emerging industries and company research.

Thematic (Sector/Industry)

On the 4th of February the Nikkei <a href="http://asia.nikkei.com/Business/Deals/Toyota-near-tie-up-with-Suzuki-on-development-procurement" target="_blank">reported</a> that <a href="https://www.smartkarma.com/entities/73" target="_blank" data-smartkarma-citation="entities:73:1">Toyota Motor Corp (7203 JP)</a> and <a href="https://www.smartkarma.com/entities/732" target="_blank" data-smartkarma-citation="entities:732:1">Suzuki Motor Corp (7269 JP)</a> were in discussions regarding an alliance on development and procurement. This was confirmed by the companies today with the statement that the broad terms of the deal have been agreed upon. The move continues a series of tie-ups conducted by Toyota in recent years and could place pressure on other players to seek similar tie-ups. <a href="https://www.smartkarma.com/entities/20528" target="_blank" data-smartkarma-citation="entities:20528:1">Mazda Motor Corp (7261 JP)</a> may feel particularly pressured…

On the 4th of February the Nikkei reported that Toyota Motor Corp (7203 JP) and Suzuki Motor Corp (7269 JP) were in discussions regarding an alliance on development and procurement. This was confirmed by the companies today with the statement that the broad terms of the deal have been agreed upon. The move continues a series of tie-ups conducted by Toyota in recent years and could place pressure on other players to seek similar tie-ups. Mazda Motor Corp (7261 JP) may feel particularly pressured…

Could Trump Add to Consolidation Pressure on Japan's Auto Industry

Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Event-Driven

<a href="https://www.smartkarma.com/entities/66" target="_blank">Bradken Ltd (BKN AU)</a> has <a href="http://clients3.weblink.com.au/pdf/BKN/01785732.pdf" target="_blank">announced</a> a Bid Implementation Agreement from <a href="https://www.smartkarma.com/entities/19433" target="_blank">Hitachi Construction Machinery (6305 JP)</a> (“HCM”) to make a cash offer at $3.25/share, a 34% premium to the last close. The offer has the backing of Bradken’s BoD, on the proviso the IFA assigns a fair &amp; reasonable opinion.Bradken has been the subject of various offers in the past 2 years; while the counter has registered a ~five-fold increase since the beginning of the year, ostensibly on the back of restructuring plans. Below the fold we take a preliminary look at this latest offer and initial thoughts on the outcome.

Bradken Ltd (BKN AU) has announced a Bid Implementation Agreement from Hitachi Construction Machinery (6305 JP) (“HCM”) to make a cash offer at $3.25/share, a 34% premium to the last close. The offer has the backing of Bradken’s BoD, on the proviso the IFA assigns a fair &amp; reasonable opinion.Bradken has been the subject of various offers in the past 2 years; while the counter has registered a ~five-fold increase since the beginning of the year, ostensibly on the back of restructuring plans. Below the fold we take a preliminary look at this latest offer and initial thoughts on the outcome.

Bradken / Hitachi Construction– Finally a Done Deal?

Japan

Hitachi Construction Machinery Co., Ltd. develops, manufactures, sells, and repairs construction machinery. The Company's products include hydraulic excavators, crawler cranes, wheel loaders, shield machines, and bulldozers. Hitachi Construction Machinery, a subsidiary of Hitachi, Ltd., markets its products worldwide through sales offices overseas.

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Hitachi Construction Machinery (6305 JP)

Could Trump Add to Consolidation Pressure on Japan's Auto Industry

On the 4th of February the Nikkei reported that Toyota Motor Corp (7203 JP) and Suzuki Motor Corp (7269 JP) were in discussions regarding an...

Mio Kato

Bradken / Hitachi Construction– Finally a Done Deal?

Bradken Ltd (BKN AU) has announced a Bid Implementation Agreement from Hitachi Construction Machinery (6305 JP) (“HCM”) to make a cash offer at...

David Blennerhassett

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52-week Range

Market Cap (USDm)

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