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

PHC Holdings (6523 JP): Eyeing a Bigger Pie of Global Diabetes Management Solution

PHC Holdings (6523 JP): Strong H1 Result; FY23 Revenue Guidance Raised; Mid-Term Plans Revised

PHC Holdings IPO – The Business Model and Products

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

<p>After pricing at the low end, PHC Holdings has opened weak, down roughly 10% during most of its early morning trading. There are a variety of issues facing the company so the generally tepid reception is not a massive surprise but valuations are cheap enough that even using conservative assumptions, the downside looks limited.</p>

After pricing at the low end, PHC Holdings has opened weak, down roughly 10% during most of its early morning trading. There are a variety of issues facing the company so the generally tepid reception is not a massive surprise but valuations are cheap enough that even using conservative assumptions, the downside looks limited.

PHC Holdings

PHC Holdings IPO – First Day Trading