Equity Analyst, LightStream Research

Chacko Jacob

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>Overview</strong></h2>
<p><strong>Natural. Anonymous. Simple. Global.</strong> These are the underlying principles that Muji (<a href="https://www.smartkarma.com/entities/2765" target="_blank" data-smartkarma-citation="entities:2765:1">Ryohin Keikaku (7453 JP)</a>) has imbibed into its business model. The no-logo/no-brand company has come a long way from being a private brand under supermarket chain Seiyu GK to becoming an independent global retail chain. The company today sells 7,000 products across 800 stores in 28 countries. The company’s product portfolio ranges from groceries to apparel to household and consumer goods.</p>
<p>While Japan…</p>

Overview
Natural. Anonymous. Simple. Global. These are the underlying principles that Muji (Ryohin Keikaku (7453 JP)) has imbibed into its business model. The no-logo/no-brand company has come a long way from being a private brand under supermarket chain Seiyu GK to becoming an independent global retail chain. The company today sells 7,000 products across 800 stores in 28 countries. The company’s product portfolio ranges from groceries to apparel to household and consumer goods.
While Japan…

Pan Pacific International Holdings (7532 JP)

Ryohin Keikaku (7453 JP): Despite Strong Growth Drivers High Base Poses Downside Risk