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

Renesas Offering Round 2: Initial Thoughts

Renesas Placement: Tighter Effective Discount and Placement Overhangs but Statistic Supports a Bid

Renesas: Favourable Outlook in Store as Company Advances in Autonomous Driving Landscape

Will Renesas Thwart NXP's Plans of Advancing in the Autonomous Driving Landscape?

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

Renesas Electronics / Equity Capital Markets

<p>Renesas is down about 9% today on news that the INCJ would sell about 12% of its 45.6% stake in the company. This follows the sale of 7.5% in the company to the Toyota group (Toyota and Denso) on Mar 9th. This move appears to be being made with the intent of reducing the INCJ's stake to less than the negative control level, giving the company more management flexibility and opening up the path to some potentially large M&amp;A activity.</p><p>The previous rumours, at the end of Jan, of a potential bid for…</p>

Renesas is down about 9% today on news that the INCJ would sell about 12% of its 45.6% stake in the company. This follows the sale of 7.5% in the company to the Toyota group (Toyota and Denso) on Mar 9th. This move appears to be being made with the intent of reducing the INCJ's stake to less than the negative control level, giving the company more management flexibility and opening up the path to some potentially large M&amp;A activity.The previous rumours, at the end of Jan, of a potential bid for…

Renesas: INCJ Paring Stake to Below Negative Control Level? Maxim Merger Incoming?