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

Silver Life – This Guy Is in Danger of Becoming Our Favourite CEO

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

<p>At an estimated JPY1.8bn capital raise (based on an estimated share price of JPY2,400), Silver Life, which specialises in home meal deliveries for seniors is a mid-size issue for the TSE's Mothers board. According to the company's disclosures, the main purpose for the funds sought are to invest in a cold chain logistics centre, company dormitories and a second food production centre. Amidst the aging of Japan's population and the growing need for food delivery services for those in need of nursing care and seniors living on their own, the key points for the company are whether they will be able to differentiate themselves and maintain or increase their market share in a market with relatively low barriers to entry. In this insight, we provide details on the company's basic business model and the competition that exists within this segment that is likely to be a focus of investor attention as the impact of Japan's aging population continues to gain steam.</p>

At an estimated JPY1.8bn capital raise (based on an estimated share price of JPY2,400), Silver Life, which specialises in home meal deliveries for seniors is a mid-size issue for the TSE's Mothers board. According to the company's disclosures, the main purpose for the funds sought are to invest in a cold chain logistics centre, company dormitories and a second food production centre. Amidst the aging of Japan's population and the growing need for food delivery services for those in need of nursing care and seniors living on their own, the key points for the company are whether they will be able to differentiate themselves and maintain or increase their market share in a market with relatively low barriers to entry. In this insight, we provide details on the company's basic business model and the competition that exists within this segment that is likely to be a focus of investor attention as the impact of Japan's aging population continues to gain steam.

Silver Life IPO: Aging Society Pure Play to Usher in the Age of Demographics