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Equity Analyst, LightStream Research

Farha Sabri

Equity Analyst

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.

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We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
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Equity Bottom-Up

<p>Sumco released its 2QFY12/18 results yesterday, performing a touch better than its own expectations and ours. The semiconductor wafer shortage is still an issue in the industry, allowing wafer manufacturers to continue their strong financial performance. Revenue grew 28.2% YoY to JPY81.8bn while OP grew 132.2% YoY to JPY21.6bn. The company cited the continued demand for silicon wafers of all sizes from the semiconductor industry for their recent financial performance. Supply shortages still…</p>

Sumco released its 2QFY12/18 results yesterday, performing a touch better than its own expectations and ours. The semiconductor wafer shortage is still an issue in the industry, allowing wafer manufacturers to continue their strong financial performance. Revenue grew 28.2% YoY to JPY81.8bn while OP grew 132.2% YoY to JPY21.6bn. The company cited the continued demand for silicon wafers of all sizes from the semiconductor industry for their recent financial performance. Supply shortages still…

Sumco: 2QFY12/18 Results Stronger Than Expected

SUMCO Corp

Sumco: 2QFY12/18 Results Stronger Than Expected