'Quantamental' Japan Specialist, LightStream Research

Campbell Gunn

Former Japan Equity PM with over 30 of experience now providing database-driven analysis of the market, sectors, peer groups and stocks for LightStream Research.

Leveraging data and graphic analysis provided by Japan Analytics, and the related Japan Analytics iPad App, we provide insights on companies are often ignored by the sell-side as well as challenging conventional wisdom on the market overall.

'Quantamental' Japan Specialist

2168 🇯🇵 Pasona • Third Quarter Results - Time to Take Some Profits

Pasona : Interim Update - Still More Upside

ja research

ja research is an independent research platform focused exclusively on Japanese equities. Leveraging data and graphic analysis provided by Japan Analytics, we provide insights on small and medium-sized companies that have been ignored by the sell-side as well as challenging conventional wisdom on larger companies. We also offer analyst and corporate access, the latter with translation if required. 

Equity Bottom-Up

<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/102/990/original/2019-10-23_10-27-15.png?1571794053" class="editor-image img-responsive" data-smartkarma-image-id="102990"></figure><div class="content-caption">Source: Japan Analytics  [▲ - Buy Recommendations ▼ Profit-taking Recommendation]</div><p style="text-align: left;"><strong>BACK TO PASONA</strong> - Since our Insight <a href="https://www.smartkarma.com/insights/2168-pasona-third-quarter-results-time-to-take-some-profits" target="_blank" data-smartkarma-citation="insights:29139" rel="noopener">Time to Take Some Profits</a> of 12th April, Pasona shares have declined by 10%, underperforming the market by 12% over that period. The company has also released 2019 full-year and 2020 first-quarter results - the latter being poorly-received and providing further evidence that Pasona remains committed to its 'social' agenda. Pasona's stake in <a href="https://www.smartkarma.com/entities/benefit-one-inc" target="_blank" data-smartkarma-citation="entities:14502:1" rel="noopener">Benefit One (2412 JP)</a> has also been further reduced to just over 50%. <strong>For those interested in playing the relative value of Pasona and its stake in Benefit One, the current weakness provides an opportunity to add to positions. </strong></p>

Source: Japan Analytics  [▲ - Buy Recommendations ▼ Profit-taking Recommendation]BACK TO PASONA - Since our Insight Time to Take Some Profits of 12th April, Pasona shares have declined by 10%, underperforming the market by 12% over that period. The company has also released 2019 full-year and 2020 first-quarter results - the latter being poorly-received and providing further evidence that Pasona remains committed to its 'social' agenda. Pasona's stake in Benefit One (2412 JP) has also been further reduced to just over 50%. For those interested in playing the relative value of Pasona and its stake in Benefit One, the current weakness provides an opportunity to add to positions. 

Pasona Group

2168 🇯🇵 Pasona • Time to Revisit