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

Toyota – The EV and AD March Continues Beyond Zero

Tesla – Crashes in the US and Cockiness in China

Toyota – Buybacks Are Back as We Suggested

Toyota – Superbowl Commercials and the Evolution of Toyota

Toyota Motor (7203):  Chronically Underinvested:  Turnaround Potential

Suzuki – Osamu Suzuki Stepping Down Could Accelerate Move Into Toyota Group

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>Yesterday Toyota, Hino and Isuzu announced a new partnership to accelerate development of commercial vehicles utilising CASE technologies. The move is something of a surprise given that Toyota and Isuzu previously ended their capital tie-up (formed in 2006 to develop diesel engines) in 2018 without anything of real substance coming to fruition. It is, however, an indication that the Japanese auto sector will continue to consolidate around Toyota as we have been saying for some time.</p>

Yesterday Toyota, Hino and Isuzu announced a new partnership to accelerate development of commercial vehicles utilising CASE technologies. The move is something of a surprise given that Toyota and Isuzu previously ended their capital tie-up (formed in 2006 to develop diesel engines) in 2018 without anything of real substance coming to fruition. It is, however, an indication that the Japanese auto sector will continue to consolidate around Toyota as we have been saying for some time.

Toyota – Isuzu Re-Tie-Up Drives Further Japanese Consolidation