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

JDI: 3Q Revenue Strong, Margins Weak - Did Non-IPhone X Sales Overshoot 36%?

JDI: Equity Finance and Dilution Incoming?

JDI: Giving Our Thesis a Full Active Refresh + Apple MicroLED Development

JDI: Starting to Make Progress in VR Applications - Potential as Long-Term Growth Driver

JOLED Printed OLED Technology Moving Towards Commercialisation; Sony & Panasonic to Invest

Jiji Press Reports JDI LCD Panels Selected for 2H18 IPhone - Brief 9% Surge on This Old News

Sony (6758) - PSVR Hits 2mil Mark, Trial Deal Sells Out in 48 Hours

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>This was a relatively innocuous <a href="http://www.j-display.com/english/news/2018/20180123.html" target="_blank">announcement</a> by JDI just now but the implications could be significant over time. The company appears to have developed a capacitive sensor that can be built into glass or plastic to read fingerprints. The immediate product is an 8x8mm sensor that can replace current silicon-based sensors in various security systems as shown in the picture, but the obvious use would also be to include it with the company's full active displays to complement the bezel-less designs…</p>

This was a relatively innocuous announcement by JDI just now but the implications could be significant over time. The company appears to have developed a capacitive sensor that can be built into glass or plastic to read fingerprints. The immediate product is an 8x8mm sensor that can replace current silicon-based sensors in various security systems as shown in the picture, but the obvious use would also be to include it with the company's full active displays to complement the bezel-less designs…

JDI: In-Display Fingerprint Sensor to Compete with Synaptics

Japan Display

JDI: In-Display Fingerprint Sensor to Compete with Synaptics