Senior Technology Analyst, Japanese Equities, LightStream Research

Scott Foster

Securities analyst covering electronics, precision equipment & robotics, engineering, construction, transport and other sectors for more than 25 years in Japan and 3 years in Korea. Permanent resident of Japan.

Senior Technology Analyst, Japanese Equities

Rohm (6963): Investment in Toshiba Rounds Out Long-Term Plans

Rohm (6963 JP): Government Subsidy for Power Device Project with Toshiba

Toshiba (6502) - Funding Definitely Probably Now Secured - Next Steps and Risks

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

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

<ul>
<li>Rohm is increasingly an automotive semiconductor maker. Its business should hold up reasonably well in the downturn and grow significantly in the long term.</li>
<li>Capital spending risks excess capacity in the coming year, but sets the stage for long term growth. Possible investment in Toshiba a positive. </li>
<li>Weak quarters ahead. Buy on weakness for the long term. </li>
</ul>


Rohm is increasingly an automotive semiconductor maker. Its business should hold up reasonably well in the downturn and grow significantly in the long term.
Capital spending risks excess capacity in the coming year, but sets the stage for long term growth. Possible investment in Toshiba a positive. 
Weak quarters ahead. Buy on weakness for the long term. 


Rohm (6963 JP): Gearing Up in the Downturn

ROHM Co Ltd

Rohm (6963 JP): Gearing Up in the Downturn