'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 26th May - Konica Minolta, Yamaha, DyDo, JAT

🇯🇵 JAPAN • Results & Revisions 27th May - Recruit, DNP & Dentsu

🇯🇵 JAPAN • Results & Revisions 28th May - Nissan, Nikon & Toray

🇯🇵 JAPAN • Results & Revisions 22nd May - FUJIFILM, ASICS, Benesse

🇯🇵 JAPAN • Results & Revisions 20th May - Shimadzu, Amada, Funai Soken, Kobe Bussan

🇯🇵 JAPAN • Results & Revisions 21st May - Skylark, Resorttrust, Makita

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)

<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/135/795/original/2020-05-26_06-26-15.png?1590441998" class="editor-image img-responsive" data-smartkarma-image-id="135795"></figure><div class="content-caption">Source • Japan Analytics</div><div><p>In the <strong>DETAIL</strong> section below, we shall review Monday's announcements:-</p></div><div><ul>
<li>The balance between positive/neutral/negative of the 59 results announcements was 24:5:30. The average change in Results Score was -1.4.</li>
<li>For the 37 revisions/initial forecasts, the split was 4:3:20, and the average Forecast/Revision Score was -7.9. Only 38% of companies reporting full-year results chose to make current year forecasts. </li>
<li>45 companies will announce results on Monday. The largest of these by market cap will be <a href="https://www.smartkarma.com/entities/suzuki-motor-corp" target="_blank" data-smartkarma-citation="entities:732:1" rel="noopener">Suzuki (7269 JP)</a>, <a href="https://www.smartkarma.com/entities/yamaha-corp" target="_blank" data-smartkarma-citation="entities:17841:1" rel="noopener">Yamaha (7951 JP)</a>, and <a href="https://www.smartkarma.com/entities/isuzu-motors-ltd" target="_blank" data-smartkarma-citation="entities:14726:1" rel="noopener">Isuzu (7202 JP)</a>. </li>
</ul></div>

Source • Japan AnalyticsIn the DETAIL section below, we shall review Monday's announcements:-
The balance between positive/neutral/negative of the 59 results announcements was 24:5:30. The average change in Results Score was -1.4.
For the 37 revisions/initial forecasts, the split was 4:3:20, and the average Forecast/Revision Score was -7.9. Only 38% of companies reporting full-year results chose to make current year forecasts. 
45 companies will announce results on Monday. The largest of these by market cap will be Suzuki (7269 JP), Yamaha (7951 JP), and Isuzu (7202 JP). 


🇯🇵 JAPAN • Results & Revisions 25th May - Ajinomoto, Oji, THK, Fujikura