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 Raises Guidance to Start Fiscal 2018 and Announces Mazda Partnership

We Would Play Japan Breakout Through Toyota on Domestic Restructuring and GM/Ford Production Cuts

Aisin Seiki: A Touch Cheap but Waiting on New Growth Drivers

Toyota Motor--Adjusting the Bearish FY17 Guidance Leads to In-Line Outlook with Consensus

Toyota Results In-Line, Guidance 32% Below Consensus; Did They Kitchen Sink?

New Camry:  Amazing Technology to Provide Super Competitive MPG

Toyota - The Most Disliked Stock...In The World

Toyota Motors: Cautious, but Not Conservative

Japanese and Asian equity long/short strategies

Uzabase

Specialising in Japanese and Asian equity long/short strategies with a focus on rigorous, but targeted quantitative analysis to temper evaluations of company strategy, potential and vision. At Uzabase, our team of analysts provides coverage of industry dynamics with a local Asian flavour on Speeda, our financial information platform. Going forward we are aiming to channel our focus toward thematic research on emerging industries and company research.

Equity Bottom-Up

<p><a href="https://www.smartkarma.com/entities/73" target="_blank" data-smartkarma-citation="entities:73:1">Toyota Motor Corp (7203 JP)</a> posted a strong 1Q as revenue rose 7.0% YoY to JPY7,047.6bn (JPY6,771.7bn), OP fell just 10.6% YoY to JPY574.2bn (JPY548.2bn) and PTP rose 0.3% YoY to JPY 679.3bn thanks to strong auto parts affiliate earnings (JPY590.1bn). The company raised OP guidance 15.6% to JPY1,850bn which remains highly conservative and we expected further upward revisions in future.</p><p>Examining the OP walk, cost reduction added JPY50bn in the first quarter but the company is only calling for a…</p>

Toyota Motor Corp (7203 JP) posted a strong 1Q as revenue rose 7.0% YoY to JPY7,047.6bn (JPY6,771.7bn), OP fell just 10.6% YoY to JPY574.2bn (JPY548.2bn) and PTP rose 0.3% YoY to JPY 679.3bn thanks to strong auto parts affiliate earnings (JPY590.1bn). The company raised OP guidance 15.6% to JPY1,850bn which remains highly conservative and we expected further upward revisions in future.Examining the OP walk, cost reduction added JPY50bn in the first quarter but the company is only calling for a…

Toyota: Strong 1Q, 4Q Now Looks Like It Indeed Was Kitchen Sinked.