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

Smartkarma North Asia Weekly: Nikkei 225 Index Rebalance, Asia's Hydrogen Economy, Yatsen, & LG Corp

Chiyoda – Direct COVID Impact Limited but Order Flow Recovery Waits on Crude Prices

Chiyoda – Gross Margin Disappoints but SG&A Control Continues

Chiyoda – Earnings Structure Improves but Qatar Delayed

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

<p>Chiyoda released somewhat weak 2Q results as a weak gross margin more than offset continued discipline at the operating expense line to push the company slightly into the red. The story here remains all about Qatar and the name offers significant value but no incremental driver save that one, requiring investor patience.</p>

Chiyoda released somewhat weak 2Q results as a weak gross margin more than offset continued discipline at the operating expense line to push the company slightly into the red. The story here remains all about Qatar and the name offers significant value but no incremental driver save that one, requiring investor patience.

Chiyoda – COVID Uncertainty Continues to Dog Qatar Order

Chiyoda Corp

Chiyoda – COVID Uncertainty Continues to Dog Qatar Order