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

LG Energy Solution (Pre-IPO ESG Analysis): Powering a Primary Pathway to Preserving the Planet

LG Energy Solution (Pre-IPO ESG Analysis): Relevant Thematic Sustainable/ESG Indices from Solactive

LG Energy Solution (Pre-IPO ESG Analysis): Relevant Thematic Sustainable/ESG Indices from MSCI

LG Energy IPO – The Technological Risk from LFP

LG Energy IPO – Business Model Pros and Cons

LG Energy IPO: Great Pre-Order Success, but Still Worrying Aspects

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

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 Capital Markets

LG Energy Solution / Equity Capital Markets

<ul>
<li>LG Energy has demonstrated the ability to rapidly grow revenue and a $27.5bn revenue target for FY24 looks reasonable enough based on current conditions. </li>
<li>However, that growth has come with numerous issues such as recalls due to battery fires and questionable strategic positioning for the future. </li>
<li>In addition, overall profitability metrics look challenging relative to peers such as CATL.</li>
</ul>


LG Energy has demonstrated the ability to rapidly grow revenue and a $27.5bn revenue target for FY24 looks reasonable enough based on current conditions. 
However, that growth has come with numerous issues such as recalls due to battery fires and questionable strategic positioning for the future. 
In addition, overall profitability metrics look challenging relative to peers such as CATL.


LG Energy Solution

LG Energy IPO – The Financials