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Equity Analyst, LightStream Research

Aqila Ali

Equity Analyst

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

<a href="https://www.smartkarma.com/entities/15395" target="_blank" data-smartkarma-citation="entities:15395:1">Keihin Corp (7251 JP)</a> posted strong FY03/18 results on Friday, witnessing revenue increase by 8% YoY while OP increased by 23.3% YoY beating our estimates as well as the consensus estimates.  The stock closed 7.1% up on Monday despite opening low at JPY2,154 (previous close: JPY2,270).Revenue Recovers in FY03/18 Beating Consensus and Its Own EstimatesWhile the company had forecasted sales to grow 3.2% YoY, the figure was close to consensus estimates (7% YoY). We expected steady recovery in the…

Keihin Corp (7251 JP) posted strong FY03/18 results on Friday, witnessing revenue increase by 8% YoY while OP increased by 23.3% YoY beating our estimates as well as the consensus estimates.  The stock closed 7.1% up on Monday despite opening low at JPY2,154 (previous close: JPY2,270).Revenue Recovers in FY03/18 Beating Consensus and Its Own EstimatesWhile the company had forecasted sales to grow 3.2% YoY, the figure was close to consensus estimates (7% YoY). We expected steady recovery in the…

Keihin Guides For 30% OP Decline Despite a 23% Rise This Year