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

The Week That Was In North Asia@Smartkarma: Yakult, Cosmetic Surgery O2O Platform, & Streaming Music

Yakult Honsha Co Ltd in Health and Wellness (World) - Part 1

The Week That Was In North Asia@Smartkarma: Celltrion, Autos, Trump & North Korea

Danone To Sell Down Yakult Stake - It's a Big Deal

Yakult Honsha Placement - A Little More Correction Would Be Ideal

Last Week in Event SPACE: Fast Retailing, Samsung, Yakult, JCNC, CCASS

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 Capital Markets

<p>In our initial look at Danone's sale of Yakult shares, we noted that while the price at that point was attractive, especially with a 3-5% discount on top of that, we felt that the long lag till pricing created a potential for the share price to rally from oversold levels. The stock proceeded to rally, filling the gap and rising 6.0% between Feb 16 and Feb 21 (and as much as 8% intraday), but has since trimmed the fat is back down 3.9% to trade just 2.6% above the Feb 14 close. With pricing just…</p>

In our initial look at Danone's sale of Yakult shares, we noted that while the price at that point was attractive, especially with a 3-5% discount on top of that, we felt that the long lag till pricing created a potential for the share price to rally from oversold levels. The stock proceeded to rally, filling the gap and rising 6.0% between Feb 16 and Feb 21 (and as much as 8% intraday), but has since trimmed the fat is back down 3.9% to trade just 2.6% above the Feb 14 close. With pricing just…

Yakult Honsha

Yakult: 50% Fewer Calories