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

🇯🇵 JAPAN • Results & Revisions 11th August - Softbank, NTT, Workman, Matsu'kiyo,

🇯🇵 JAPAN • Results & Revisions 12th August - PPI, Toshiba, McDonald's, ENEOS

Softbank Group- Vision Fund Monetizations Include a First for Vision Fund 2

Softbank Group: Accelerated Asset Sales (Alibaba, ARM) Read Across to Vision Fund 2

Softbank Reverse from Long to Short Target

Gravity Works As WeWork Doesn't; Now Plan B

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.

Event-Driven

<p>Softbank released better than expected results today, driven mostly by gains on the sale of its T-Mobile stake and strong stock market performance. Sadly, the Pega-Unicorns appear to have not survived the COVID crisis as there was not a single one in the presentation slides. We mourn their passing.</p><p>Fortunately, they were replaced with Samurai stories to help clueless investors understand how undervalued Softbank’s investment genius is. Our gratitude knows no bounds.</p>

Softbank released better than expected results today, driven mostly by gains on the sale of its T-Mobile stake and strong stock market performance. Sadly, the Pega-Unicorns appear to have not survived the COVID crisis as there was not a single one in the presentation slides. We mourn their passing.Fortunately, they were replaced with Samurai stories to help clueless investors understand how undervalued Softbank’s investment genius is. Our gratitude knows no bounds.

Softbank – Doubling Down on Their Investment Acumen as Arm Falters