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

Dowa Visit: Accelerating Silver Powder Growth, Higher Metal Prices Should Lift PE to Double Digits

Dowa Holdings: 2Q Results In-Line but Silver Powder Recovery, Zinc and Indium Prices Are Positive

Musings: Governance and the Vulnerabilities of the Japanese Management Style

Background to The Sushiro-Genki Sushi Merger and Japan's Conveyor Sushi Consolidation Path

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><a href="https://www.smartkarma.com/entities/17272" target="_blank" data-smartkarma-citation="entities:17272:1">Mitsubishi Materials Corp (5711 JP)</a> announced on Thu 23 Nov that two subsidiaries had falsified data on products involving over 250 customers in the aerospace, automotive, general industry and electronics industries. Mitsubishi Cable and Mitsubishi Shindoh falsified data on seal materials (O-rings) and brass/copper products respectively. The issue appears more serious at Mitsubishi Cable as about JPY6.8bn worth of non-conforming product was delivered over the span of two and half years (9% of…</p>

Mitsubishi Materials Corp (5711 JP) announced on Thu 23 Nov that two subsidiaries had falsified data on products involving over 250 customers in the aerospace, automotive, general industry and electronics industries. Mitsubishi Cable and Mitsubishi Shindoh falsified data on seal materials (O-rings) and brass/copper products respectively. The issue appears more serious at Mitsubishi Cable as about JPY6.8bn worth of non-conforming product was delivered over the span of two and half years (9% of…

Mitsubishi Materials Latest to Suffer Quality Scandal, Can Dowa Holdings Benefit?