Equity Analyst, LightStream Research

Chacko Jacob

Equity Analyst

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

<h2>Company Overview</h2><p><a href="https://www.smartkarma.com/entities/11895" target="_blank" data-smartkarma-citation="entities:11895:1">Adastria Co Ltd (2685 JP)</a> is a Japanese casual fashion chain with 26 brands and 1,500 stores (1,375 in Japan and 125 globally). The company first began operations in Sendai in 1953 as Fukudaya Clothing, a men’s clothing and  40 years later forayed into lady’s casual wear retail. Adastria listed on the second section of the TSE in 2002 before being promoted to the first section two years later in 2004. Between this period, the company opened its first overseas store in Taiwan…</p>

Company OverviewAdastria Co Ltd (2685 JP) is a Japanese casual fashion chain with 26 brands and 1,500 stores (1,375 in Japan and 125 globally). The company first began operations in Sendai in 1953 as Fukudaya Clothing, a men’s clothing and  40 years later forayed into lady’s casual wear retail. Adastria listed on the second section of the TSE in 2002 before being promoted to the first section two years later in 2004. Between this period, the company opened its first overseas store in Taiwan…

Pan Pacific International Holdings (7532 JP)

Adastria: Packed the Wrong Clothes for the Journey