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

Tesla – Crashes in the US and Cockiness in China

Toyota – Buybacks Are Back as We Suggested

Toyota – Leading ESG Initiatives as It Hits All-Time Highs

Toyota Motor (7203):  Chronically Underinvested:  Turnaround Potential

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

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>Our constant refrain over the last few years as EV and AD related hype built was that traditional automakers in general and Toyota in particular did not lack anything technologically to compete with “disruptors”. VW’s rapid gobbling up of Tesla’s share in Europe has demonstrated this and with Toyota now accelerating its own EV launches, we believe this will become abundantly clear within the next 18 months.</p>

Our constant refrain over the last few years as EV and AD related hype built was that traditional automakers in general and Toyota in particular did not lack anything technologically to compete with “disruptors”. VW’s rapid gobbling up of Tesla’s share in Europe has demonstrated this and with Toyota now accelerating its own EV launches, we believe this will become abundantly clear within the next 18 months.

Toyota – The EV and AD March Continues Beyond Zero