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Equity Analyst, LightStream Research

Supun Walpola

Equity Analyst

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

<h2><strong>Nissan Cuts Its Full-Year OP Outlook</strong></h2><p>In our previous note, <a href="https://www.smartkarma.com/insights/nissan-motors-looks-expensive-ahead-of-q3-results" target="_blank" data-smartkarma-citation="insights:17213">Nissan Motors Looks Expensive Ahead of Q3 Results</a>, we looked at how Nissan is likely to fall short of its full-year OP guidance, due to the slowdown in domestic production for over three weeks in the wake of the vehicle inspection scandal in October (2017). Following the release of 3QFY03/18 financial results, Nissan has cut its OP outlook for FY03/18 to JPY 565bn, from the previous guidance of JPY 645bn. This is in line with our revised…</p>

Nissan Cuts Its Full-Year OP OutlookIn our previous note, Nissan Motors Looks Expensive Ahead of Q3 Results, we looked at how Nissan is likely to fall short of its full-year OP guidance, due to the slowdown in domestic production for over three weeks in the wake of the vehicle inspection scandal in October (2017). Following the release of 3QFY03/18 financial results, Nissan has cut its OP outlook for FY03/18 to JPY 565bn, from the previous guidance of JPY 645bn. This is in line with our revised…

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