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 Announces JPY170bn Restructuring Cost, Can Dec Q Apple Sales Drop Be Derived From Disclosures?

JDI Visit: Tough FY18 but Company Confident. We Feel Some Apple Business Will Remain in FY19

JDI: Upturn in Estimates and Share Price Confirm Our Impression That This Spring Is Now Fully Coiled

Japan Display Visit Confirms Likelihood of Positive Restructuring Announcement at 1Q Results

JDI: What Is a Restructuring Likely to Look Like?

Japan Display--Priced for Demise; Set for Survival

Japan Display and Sharp OLED Cooperation Is Speculated in Press Reports

Japanese and Asian equity long/short strategies

Uzabase

Specialising in Japanese and Asian equity long/short strategies with a focus on rigorous, but targeted quantitative analysis to temper evaluations of company strategy, potential and vision. At Uzabase, our team of analysts provides coverage of industry dynamics with a local Asian flavour on Speeda, our financial information platform. Going forward we are aiming to channel our focus toward thematic research on emerging industries and company research.

Equity Bottom-Up

<p>The Nikkei and Nikkan Kogyo made a couple of announcements regarding JDI this morning, the Nikkei reporting that JDI may book JPY150bn in restructuring costs to halt production at its Nomi facility and prep it for a shift to OLED panel manufacturing as well as cutting 3,500 overseas and 250 domestic employees. Meanwhile, the Nikkan Kogyo reported that <a href="https://www.smartkarma.com/entities/5632" target="_blank" data-smartkarma-citation="entities:5632:1">Tianma Microelectronics A (000050 CH)</a> is proposing an investment into JDI. In combination this would be a bold and sensible restructuring as it…</p>

The Nikkei and Nikkan Kogyo made a couple of announcements regarding JDI this morning, the Nikkei reporting that JDI may book JPY150bn in restructuring costs to halt production at its Nomi facility and prep it for a shift to OLED panel manufacturing as well as cutting 3,500 overseas and 250 domestic employees. Meanwhile, the Nikkan Kogyo reported that Tianma Microelectronics A (000050 CH) is proposing an investment into JDI. In combination this would be a bold and sensible restructuring as it…

JDI to Announce Large Restructuring Plan, 1bn Credit Lines and Tianma May Invest