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

Raised Guidance Still Conservative and Weak N.America Should Be Offset by Strengthening Global Sales

Toyota Motor: New Mobility Ecosystem and Concept Vehicle at CES

Toyota Motor and Panasonic Announced the Start of an Alliance in Battery Development

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.

Thematic (Sector/Industry)

Japan Consumer discretionary / Thematic (Sector/Industry)

<p>Toyota announced on Tuesday that it had successfully developed a neodymium magnet that not only eliminated the usage of dysprosium (~USD300/kg) and terbium (~USD650/kg), but had also succeeded in substituting a mix of cheaper lanthanum (~USD6/kg) and cerium (~USD6/kg) for neodymium (~USD90/kg). Honda had previously developed a dysprosium free magnet of its own in conjunction with Daido Steel in 2016, however we would hazard a guess that Toyota's magnet could be about 10-20% cheaper in terms of…</p>

Toyota announced on Tuesday that it had successfully developed a neodymium magnet that not only eliminated the usage of dysprosium (~USD300/kg) and terbium (~USD650/kg), but had also succeeded in substituting a mix of cheaper lanthanum (~USD6/kg) and cerium (~USD6/kg) for neodymium (~USD90/kg). Honda had previously developed a dysprosium free magnet of its own in conjunction with Daido Steel in 2016, however we would hazard a guess that Toyota's magnet could be about 10-20% cheaper in terms of…

Toyota: Down with Dysprosium