'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

🇯🇵 JAPAN • New Post Bubble $ High + Results & Revisions ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​01/​​​08

Lasertec (6920 JP): Overbought, Take Profits

🇯🇵 JAPAN • Results & Revisions ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​01/​​​​08 - Yaskawa, Seven & I

🇯🇵 JAPAN • Results & Revisions ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​01/05 - Daiseki, San-A, Nissin Foods

🇯🇵 JAPAN • Results & Revisions 12/​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​28 -

🇯🇵 JAPAN • Results & Revisions ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​01/​06 - Bellsystem24 & ARCS

Gravity Works As WeWork Doesn't; Now Plan B

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.

Thematic (Sector/Industry)

Japan Consumer discretionary / Thematic (Sector/Industry)

<p style="text-align: center;"><strong>• BEST &amp; WORST •</strong></p><p style="text-align: left;">As Japan re-enters its muted, month-long and region-specific version of 'lockdown', our best and worst larger-cap pairing for Thursday is the second-hand car dealer <a href="https://www.smartkarma.com/entities/nextage-co-ltd" target="_blank" data-smartkarma-citation="entities:10326:1" rel="noopener">Nextage (3186 JP)</a> and GM retailer <a href="https://www.smartkarma.com/entities/izumi-co-ltd" target="_blank" data-smartkarma-citation="entities:13173:1" rel="noopener">Izumi (8273 JP)</a>. We expect the 'lockdown' to be extended in both area and time later in January, capping the upside to fourth-quarter earnings for many listed companies. </p><section class="figure"><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/181/378/original/2021-01-08_05-51-53.png?1610052724" class="editor-image img-responsive" data-smartkarma-image-id="181378"></figure></section><section class="figure"><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/181/379/original/2021-01-08_05-52-46.png?1610052777" class="editor-image img-responsive" data-smartkarma-image-id="181379"></figure></section><div style="text-align: center;" class="content-caption">Source for all charts &amp; tables: Japan Analytics</div>

• BEST &amp; WORST •As Japan re-enters its muted, month-long and region-specific version of 'lockdown', our best and worst larger-cap pairing for Thursday is the second-hand car dealer Nextage (3186 JP) and GM retailer Izumi (8273 JP). We expect the 'lockdown' to be extended in both area and time later in January, capping the upside to fourth-quarter earnings for many listed companies. Source for all charts &amp; tables: Japan Analytics

🇯🇵 JAPAN • Results & Revisions ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​01/​​07 - Izumi, Shift, NEXTAGE

🇯🇵 JAPAN • Results & Revisions ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​01/​​07 - Izumi, Shift, NEXTAGE

🇯🇵 JAPAN • Results & Revisions 01/07 - Izumi, Shift, NEXTAGE