Equity Analyst, LightStream Research

Oshadhi Kumarasiri

An equity research analyst with over 7 years of experience in multiple sectors. Previously worked for one of the world's largest asset managers with about USD2.5trn in AUM, covering small and micro-cap companies in the consumer sphere across Europe and developed Asia. Also experienced in covering multiple industries including banking, insurance and asset management, retail, tech, telco and REIT.

Equity Analyst

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

<ul>
<li>Driven by a sharp rise in revenue and profitability over the last three quarters, <a href="https://www.smartkarma.com/entities/yonex-co-ltd" target="_blank" data-smartkarma-citation="entities:9037:1" rel="noopener">Yonex Co Ltd (7906 JP)</a> shares continue to go up in relatively choppy overall market conditions.</li>
<li>We expect this strong growth momentum to continue over the medium term while Yonex builds popularity in new markets and new sports categories.</li>
<li>We think there could be around 100% upside to Yonex alongside improving confidence about sustainability of Yonex’s current performance.</li>
</ul>


Driven by a sharp rise in revenue and profitability over the last three quarters, Yonex Co Ltd (7906 JP) shares continue to go up in relatively choppy overall market conditions.
We expect this strong growth momentum to continue over the medium term while Yonex builds popularity in new markets and new sports categories.
We think there could be around 100% upside to Yonex alongside improving confidence about sustainability of Yonex’s current performance.


Yonex: Rising Through the Ranks in New Markets