Equity Analyst, LightStream Research

Oshadhi Kumarasiri

An equity research analyst with over 7 years of experience in multiple sectors. Previously worked for one of the world's largest asset managers with about USD2.5trn in AUM, covering small and micro-cap companies in the consumer sphere across Europe and developed Asia. Also experienced in covering multiple industries including banking, insurance and asset management, retail, tech, telco and REIT.

Equity Analyst

Seven & I Marches On in the US Despite Headwinds From Inflation

Seven & I Sale of Sogo Seibu Moves Closer

Seven & I (3382) | So What if Walmart Missed

Seven & I’s Response: Dispels Accusations But Gives in to ValueAct’s Demands

Seven & I: Going Strong in Overseas, Another Beat On the Cards

Seven & I to Sell The Loss Making Department Store Business Amidst Pressure From Investors

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>Even though the results weren’t a blowout as we expected, today’s price performance suggests that <a href="https://www.smartkarma.com/entities/seven-i-holdings-co-ltd" target="_blank" data-smartkarma-citation="entities:1041:1" rel="noopener">Seven &amp; I Holdings (3382 JP)</a> has not disappointed the market.</li>
<li>We think Seven &amp; I could be playing safe by holding back Speedway synergies.</li>
<li>After a short breather, share price momentum has shifted positive and we expect this to continue alongside upgrades to Speedway synergy estimates.</li>
</ul>


Even though the results weren’t a blowout as we expected, today’s price performance suggests that Seven &amp; I Holdings (3382 JP) has not disappointed the market.
We think Seven &amp; I could be playing safe by holding back Speedway synergies.
After a short breather, share price momentum has shifted positive and we expect this to continue alongside upgrades to Speedway synergy estimates.


Seven & I: A Lot Left in Speedway Synergies