'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 • Results & Revisions 04/​​​​​09 - Aeon, Giken & Takeuchi

🇯🇵 JAPAN • Results & Revisions 04/​​​​​​13 - Pasona (Grata) & J Front Retailing

🇯🇵 JAPAN • Results & Revisions 04/​​​​​​​14 - Finding Value in ABC-MART & Doutor Nichires

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

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 Industrials / Thematic (Sector/Industry)

• RESULTS - 15th APRIL •<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/200/900/original/image_79635701821618518159643.png?1618518161" class="editor-image img-responsive" data-smartkarma-image-id="200900"></figure><div class="content-caption">Source for all charts &amp; tables: Japan Analytics</div>• FORECASTS/REVISIONS - 15th APRIL •<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/200/901/original/image_41828619831618518259175.png?1618518259" class="editor-image img-responsive" data-smartkarma-image-id="200901"></figure>REVISIONS/FORECASTS - All 18 forecasts/revisions scored positively, with small-cap semiconductor material specialist <a href="https://www.smartkarma.com/entities/furuya-metal-co-ltd" target="_blank" data-smartkarma-citation="entities:5196:1" rel="noopener">Furuya Metal (7826 JP)</a> leading the pack. Our focus will be on large caps <a href="https://www.smartkarma.com/entities/daiwa-house-industry-co-ltd" target="_blank" data-smartkarma-citation="entities:237:1" rel="noopener">Daiwa House (1925 JP)</a> and <a href="https://www.smartkarma.com/entities/nihon-kohden-corp" target="_blank" data-smartkarma-citation="entities:7668:1" rel="noopener">Nihon Kohden (6849 JP)</a>. <figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/200/904/original/image_98823158241618520568301.png?1618520570" class="editor-image img-responsive" data-smartkarma-image-id="200904"></figure><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/200/905/original/image_36126897251618520600152.png?1618520601" class="editor-image img-responsive" data-smartkarma-image-id="200905"></figure><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/200/906/original/image_17001945261618520623051.png?1618520623" class="editor-image img-responsive" data-smartkarma-image-id="200906"></figure>

• RESULTS - 15th APRIL •Source for all charts &amp; tables: Japan Analytics• FORECASTS/REVISIONS - 15th APRIL •REVISIONS/FORECASTS - All 18 forecasts/revisions scored positively, with small-cap semiconductor material specialist Furuya Metal (7826 JP) leading the pack. Our focus will be on large caps Daiwa House (1925 JP) and Nihon Kohden (6849 JP). 

🇯🇵 JAPAN • Results & Revisions 04/​​​​​​​​15 - Daiwa House & Nihon Kohden

🇯🇵 JAPAN • Results & Revisions 04/​​​​​​​​15 - Daiwa House & Nihon Kohden

🇯🇵 JAPAN • Results & Revisions 04/15 - Daiwa House & Nihon Kohden