'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 12/​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​14 Kumiai Chem. & Kobe Bussan

🇯🇵 JAPAN • Results & Revisions 12/​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​15 Askul, Coca-Cola B,Tsuruha

🇯🇵 JAPAN • Results & Revisions 12/​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​25 - Nitori & Takashimaya

🇯🇵 JAPAN • Results & Revisions 12/​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​09 It's a Silver Life, Tanseisha

🇯🇵 JAPAN • Results & Revisions 12/​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​10 Mitsui High-Tech, Kamakura S

🇯🇵 JAPAN • Results & Revisions 12/​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​08 - Subaru Ent & Hi-Lex for Sale?

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 Industrials / Thematic (Sector/Industry)

<div><p style="text-align: center;"><strong>• BEST &amp; WORST •</strong></p></div><p>Our best and worst pairing from last Friday's results is fad personal products creator <a href="https://www.smartkarma.com/entities/ya-man-ltd" target="_blank" data-smartkarma-citation="entities:16129:1" rel="noopener">Ya Man (6630 JP)</a> and travel agent <a href="https://www.smartkarma.com/entities/h-i-s-co-ltd" target="_blank" data-smartkarma-citation="entities:19311:1" rel="noopener">H I S (9603 JP)</a>. Although the former's direct-sales-driven recovery is impressive, the shares are overvalued and soon to be Overbought, so we shall pass in favour of commenting on real estate logistics specialist <a href="https://www.smartkarma.com/entities/cre-inc-japan" target="_blank" data-smartkarma-citation="entities:25924:1" rel="noopener">CRE (3458 JP)</a>. </p><section class="figure"><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/178/152/original/2020-12-14_06-27-01.png?1607894832" class="editor-image img-responsive" data-smartkarma-image-id="178152"></figure></section><section class="figure"><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/178/153/original/2020-12-14_06-34-09.png?1607895263" class="editor-image img-responsive" data-smartkarma-image-id="178153"></figure></section><section class="figure"><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/178/154/original/2020-12-14_06-33-35.png?1607895275" class="editor-image img-responsive" data-smartkarma-image-id="178154"></figure></section><div class="content-caption">Source for all charts &amp; tables: Japan Analytics    </div>

• BEST &amp; WORST •Our best and worst pairing from last Friday's results is fad personal products creator Ya Man (6630 JP) and travel agent H I S (9603 JP). Although the former's direct-sales-driven recovery is impressive, the shares are overvalued and soon to be Overbought, so we shall pass in favour of commenting on real estate logistics specialist CRE (3458 JP). Source for all charts &amp; tables: Japan Analytics    

🇯🇵 JAPAN • Results & Revisions 12/​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​11 - [Ya-Man], CRE & H.I.S.

🇯🇵 JAPAN • Results & Revisions 12/​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​11 - [Ya-Man], CRE & H.I.S.

🇯🇵 JAPAN • Results & Revisions 12/11 - [Ya-Man], CRE & H.I.S.