Equity Analyst, LightStream Research

Oshadhi Kumarasiri

An equity research analyst with over 7 years of experience in multiple sectors. Previously worked for one of the world's largest asset managers with about USD2.5trn in AUM, covering small and micro-cap companies in the consumer sphere across Europe and developed Asia. Also experienced in covering multiple industries including banking, insurance and asset management, retail, tech, telco and REIT.

Equity Analyst

Lawson: Primed for Mitsubishi to Take Full Control

Speedway Acquisition: Buy the Dip as Valuation Falls Near Five-Year Low

Japan Convenience Store Pair Trade: Long Lawson/Short Seven & I

Seven & I Acquires Speedway for $21 Billion: Expensive but Necessary Acquisition

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>Japanese convenience store chain <a href="https://www.smartkarma.com/entities/lawson-inc" target="_blank" data-smartkarma-citation="entities:1040:1" rel="noopener">Lawson Inc (2651 JP)</a> holds the lead among foreign-owned convenience store chains and the fifth place overall in the Chinese convenience store market. As of August 2020, Lawson had around 2,854 convenience stores in China.</p><p>It was <a href="https://asia.nikkei.com/Business/Retail/Lawson-tests-next-step-of-convenience-store-evolution-in-China" target="_blank" rel="noopener">reported</a> yesterday that Lawson’s Chinese business is on track to post its first operating profit this fiscal year after a string of losses.</p>

Japanese convenience store chain Lawson Inc (2651 JP) holds the lead among foreign-owned convenience store chains and the fifth place overall in the Chinese convenience store market. As of August 2020, Lawson had around 2,854 convenience stores in China.It was reported yesterday that Lawson’s Chinese business is on track to post its first operating profit this fiscal year after a string of losses.

Lawson’s China Business: Turning Profitable, Though Years Away From a Significant Contribution