Global Automotive Stocks/EV Focus/Event Driven, SC Capital

SC Capital

SC Capital has over 20 years' experience covering the global automotive industry both on the Sell Side (UBS & Morgan Stanley) and Buy Side (Och-Ziff), along with a wealth of industry contacts. 

Current focus is on electric vehicle stocks & their supply chains. Aim is to identify the winners and losers from a long/short perspective. This includes close coverage of legacy automakers as well.  

From time to time. we cover opportunistic events with stocks in the manufacturing sector, food & beverage, healthcare and tech, where we also have coverage experience.

Global Automotive Stocks/EV Focus/Event Driven

Mazda Cuts OP Estimate for the Next Year by 28%

Honda Motors: Another Automaker Slashes Profits for the Next Year

Toyota: It's Surprising How Much OP Can Grow When You Don't Kitchen Sink

Over 22 years covering Japanese equities on both the sell side and the buy side. 

Bottom-up Japan Equities Research

Equity Bottom-Up

<ul>
<li>The Nikkei Shimbun published a preview of Mazda's FY3/19 operating profit forecasts, which it expects to be Y110bn (-26% YoY). This is 18% below consensus estimates of Y134bn. Mazda will announce results and FY3/19 guidance tomorrow after market close, but the Nikkei's previews are usually reliable as the numbers come from inside sources.</li>
<li>Instead of falling on this news, the stock is actually up around 1.5% as we write. This is possibly because the Nikkei reported that Mazda is assuming a Y/$…</li>
</ul>


The Nikkei Shimbun published a preview of Mazda's FY3/19 operating profit forecasts, which it expects to be Y110bn (-26% YoY). This is 18% below consensus estimates of Y134bn. Mazda will announce results and FY3/19 guidance tomorrow after market close, but the Nikkei's previews are usually reliable as the numbers come from inside sources.
Instead of falling on this news, the stock is actually up around 1.5% as we write. This is possibly because the Nikkei reported that Mazda is assuming a Y/$…


Mazda's FY18 Profits Predicted to Be 18% Below Consensus, Yet the Stock Is Up

Mazda Motor

Mazda's FY18 Profits Predicted to Be 18% Below Consensus, Yet the Stock Is Up