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

Skylark Holdings: Japan Reopening Story Is Starting to Take Shape

Skylark Holdings: A Big Upgrade to Guidance Could Be on The Horizon

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>If <a href="https://www.smartkarma.com/entities/skylark-co-ltd" target="_blank" data-smartkarma-citation="entities:474:1" rel="noopener">Skylark Co Ltd (3197 JP)</a>'s pricing and footfall growth trend persists, it's likely the company and consensus will revise annual revenue targets upward.</li>
<li>The OP is also expected to exceed Q3 estimates with an OP of ¥7.9bn, prompting a necessary upgrade of annual guidance by ¥5.0-6.0bn.</li>
<li>Yet, we'll approach Skylark's earnings trade cautiously, considering its current valuation.</li>
</ul>


If Skylark Co Ltd (3197 JP)'s pricing and footfall growth trend persists, it's likely the company and consensus will revise annual revenue targets upward.
The OP is also expected to exceed Q3 estimates with an OP of ¥7.9bn, prompting a necessary upgrade of annual guidance by ¥5.0-6.0bn.
Yet, we'll approach Skylark's earnings trade cautiously, considering its current valuation.


Skylark Holdings: Anticipating Another Significant Guidance Upgrade