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

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

Time to Get Back Into Our 2021 High Conviction Call Seven & I

2021 High Conviction: Seven & I Raises Speedway Synergies & India Expansion Could Break The Deadlock

1QFY22 Results: Underperforms Consensus, A Minor Blip Could Be a Good Entry Point

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>
<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 climbed above the June 2021 peak for the first time in seven months despite weaknesses in the overall market.</li>
<li>Meanwhile, the Financial Times reported yesterday that 3 of the top 30 long term investors have requested Seven &amp; I to get rid of underperforming businesses.</li>
<li>Although the company brushed off previous attempts by activist investors, the pressure from long term investors could tip the scales and force Seven &amp; I to focus on convenience stores.</li>
</ul>



Seven &amp; I Holdings (3382 JP) has climbed above the June 2021 peak for the first time in seven months despite weaknesses in the overall market.
Meanwhile, the Financial Times reported yesterday that 3 of the top 30 long term investors have requested Seven &amp; I to get rid of underperforming businesses.
Although the company brushed off previous attempts by activist investors, the pressure from long term investors could tip the scales and force Seven &amp; I to focus on convenience stores.


Seven & I: Activist & Long Term Investors Riled Up Yet Again