Japan/Asia Long-Short, LightStream Research

Mio Kato

Over 15 years analysing Japanese and Asian stocks from a long/short perspective

I focus on cyclically driven sectors such as Gaming, Factory Automation and Autos

An eclectic background as a long-short analyst, upper management at a financial data startup through its listing, and as the founder of a team analysing big/alternative data, all of which supports independent and differentiated views... we hope

An appreciation for Mathematics drives the development of a "Micro-Quantamental" process which can provide a data-driven, historically-informed and semi-automated foundation upon which to layer more qualitative and judgemental analysis, thus improving investment decision-making speed and accuracy

Japan/Asia Long-Short

Invincible Investment: Is the Search for Yield Becoming Too Difficult?

Friday Musings: Japanese Companies That Appear on a Tourist's Itinerary(Part 1)

Tateru: Is This Really Investors Cloud Nine?

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Equity Bottom-Up

Ichigo Hotel Reit Investment / Equity Bottom-Up

<p>With Japan's "Minpaku" law set to become effective on 15 Jun there has been much turmoil with <a href="https://asia.nikkei.com/Spotlight/Sharing-Economy/Japan-s-Airbnb-refugees-are-desperate-for-alternatives" target="_blank">Airbnb reportedly cancelling 80% of its 62,000 Japanese listings</a> following instructions from the Japan Tourism Agency to ensure that listings were in compliance with the new law. Airbnb previously operated in a legal grey zone within Japan and in order to clarify the legality of its position, the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) drew up regulations to legalise home sharing…</p>

With Japan's "Minpaku" law set to become effective on 15 Jun there has been much turmoil with Airbnb reportedly cancelling 80% of its 62,000 Japanese listings following instructions from the Japan Tourism Agency to ensure that listings were in compliance with the new law. Airbnb previously operated in a legal grey zone within Japan and in order to clarify the legality of its position, the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) drew up regulations to legalise home sharing…

80% of Japanese AirBnB Listings Just Got Cancelled - Who Benefits?