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

After 50% Rise From Bottom Can Kobe Steel Rise Another 50%?

Chinese Steel Maker Sell-Off an Overreaction

Musings: Governance and the Vulnerabilities of the Japanese Management Style

Kobe Steel: Disclosures Regarding Causes of and Steps to Prevent Reoccurrence of Improper Conduct

Kobe Steel: Steel and Construction Machinery Businesses Likely to Drive Recurrent Profit to JPY75bn

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>We visited <a href="https://www.smartkarma.com/entities/209" target="_blank" data-smartkarma-citation="entities:209:1">Kobe Steel Ltd (5406 JP)</a> this morning to get an update on customer reactions to its data falsification scandal and whether the company has begun to see any clear impact from its scandal. In addition, we were able to get an update on current conditions within its various segments and discuss some potential future growth products such as gas compressors which could benefit from Japan's drive to turn itself into a hydrogen society.</p><h2>To begin with, further details on the data falsification</h2>…

We visited Kobe Steel Ltd (5406 JP) this morning to get an update on customer reactions to its data falsification scandal and whether the company has begun to see any clear impact from its scandal. In addition, we were able to get an update on current conditions within its various segments and discuss some potential future growth products such as gas compressors which could benefit from Japan's drive to turn itself into a hydrogen society.To begin with, further details on the data falsification…

Kobe Steel: Visit Suggests Limited Fallout From Scandal, Upside to Guidance