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

Toshiba: Capital Brightens Outlook Significantly, Opens Possibility of Repairing WDC Relationship

The Week That Was in NorthAsia@Smartkarma: Toshiba, Subaru, & Jin Air

Toshiba: Banks Set Sep End Deadline, Trading Volumes Down, Do Any Upside Risks Remain?

Toshiba Memory Corp Sales: More Solid Findings

Toshiba: Members Within SESC Draft Recommendation for Investigation of FY3/17 Statements

Toshiba Memory Corp Sales Back to Bain: Is This the Final One?

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

<p>As has been speculated upon repeatedly on Smartkarma, NHK reported this morning that <a href="https://www.smartkarma.com/entities/637" target="_blank" data-smartkarma-citation="entities:637:1">Toshiba Corp (6502 JP)</a> was considering raising up to JPY600bn in capital in order to stave off delisting. This announcement came a day after the company reported 2Q results, generating stellar results in the memory business and underwhelming results in most other areas, highlighting the inherent weakness of the remaining businesses. In addition, the company announced that it would bring forward more investment…</p>

As has been speculated upon repeatedly on Smartkarma, NHK reported this morning that Toshiba Corp (6502 JP) was considering raising up to JPY600bn in capital in order to stave off delisting. This announcement came a day after the company reported 2Q results, generating stellar results in the memory business and underwhelming results in most other areas, highlighting the inherent weakness of the remaining businesses. In addition, the company announced that it would bring forward more investment…

Toshiba Corp

Toshiba Capital Raise?