'Quantamental' Japan Specialist, LightStream Research

Campbell Gunn

'Quantamental' Japan Specialist

ja research

ja research is an independent research platform focused exclusively on Japanese equities. Leveraging data and graphic analysis provided by Japan Analytics, we provide insights on small and medium-sized companies that have been ignored by the sell-side as well as challenging conventional wisdom on larger companies. We also offer analyst and corporate access, the latter with translation if required. 

Thematic (Sector/Industry)

INTRODUCTION - This second part of our review of Results and Forecast/Revision Scores will look at Peer Groups. For the methodology, please refer to Part 1 <a href="https://www.smartkarma.com/insights/japan-scoring-results-forecasts-earnings-momentum-slowing-weaker-required" target="_blank" data-smartkarma-citation="insights:20302">Japan: Scoring Results &amp; Forecasts</a>.  In an attempt to bring improve on the sector classification in Japan, we have reviewed every listed company's segment data and assigned each to one of 328 peer groups. Peer Group definitions reflect both standard SIC/GICS classifications as well as local market conventions, allowing, for example, for regional sub-classifications for regional banks and group affiliation for auto parts companies. GROUPINGS - Peer Groups and companies are reviewed in five broad groups, Consumer, Materials, Manufacturing, Distribution • Real Estate • Finance and TMT • Services.TOP FIVE PEER GROUPS -  The top five Peer Groups in Japan by Results and Forecast/Revision Scores are Carbon/Graphite Products (chart below), Investment-Related Services, Semiconductor Materials, SPE/PCB Equipment and Airport Services. <figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/053/121/original/2018-05-22_20-26-17.png?1526988402" class="editor-image img-responsive" data-smartkarma-image-id="53121"></figure><div class="content-caption">Source: Japan Analytics</div>BOTTOM FIVE PEER GROUPS - The bottom five Peer Groups in Japan by Results and Forecast/Revision Scores are Audio/Visual Content (chart below), Shikoku Banks, Rolling Stock, Marine Diesel Engines and Conveying Equipment.  <figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/053/122/original/2018-05-22_20-31-48.png?1526988728" class="editor-image img-responsive" data-smartkarma-image-id="53122"></figure><div class="content-caption">Source: Japan Analytics</div><hr>RECOMMENDATIONS<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/053/120/original/2018-05-22_20-14-39.png?1526987689" class="editor-image img-responsive" data-smartkarma-image-id="53120"></figure>Specific stock recommendations follow at the end of each section below.

INTRODUCTION - This second part of our review of Results and Forecast/Revision Scores will look at Peer Groups. For the methodology, please refer to Part 1 Japan: Scoring Results &amp; Forecasts.  In an attempt to bring improve on the sector classification in Japan, we have reviewed every listed company's segment data and assigned each to one of 328 peer groups. Peer Group definitions reflect both standard SIC/GICS classifications as well as local market conventions, allowing, for example, for regional sub-classifications for regional banks and group affiliation for auto parts companies. GROUPINGS - Peer Groups and companies are reviewed in five broad groups, Consumer, Materials, Manufacturing, Distribution • Real Estate • Finance and TMT • Services.TOP FIVE PEER GROUPS -  The top five Peer Groups in Japan by Results and Forecast/Revision Scores are Carbon/Graphite Products (chart below), Investment-Related Services, Semiconductor Materials, SPE/PCB Equipment and Airport Services. Source: Japan AnalyticsBOTTOM FIVE PEER GROUPS - The bottom five Peer Groups in Japan by Results and Forecast/Revision Scores are Audio/Visual Content (chart below), Shikoku Banks, Rolling Stock, Marine Diesel Engines and Conveying Equipment.  Source: Japan AnalyticsRECOMMENDATIONSSpecific stock recommendations follow at the end of each section below.

Japan: Scoring Results & Forecasts - Part 2 - Peer Groups

Japan/Asia Long-Short, LightStream Research

Mio Kato

Japan/Asia Long-Short

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.

On the 4th of February the Nikkei <a href="http://asia.nikkei.com/Business/Deals/Toyota-near-tie-up-with-Suzuki-on-development-procurement" target="_blank">reported</a> that <a href="https://www.smartkarma.com/entities/73" target="_blank" data-smartkarma-citation="entities:73:1">Toyota Motor Corp (7203 JP)</a> and <a href="https://www.smartkarma.com/entities/732" target="_blank" data-smartkarma-citation="entities:732:1">Suzuki Motor Corp (7269 JP)</a> were in discussions regarding an alliance on development and procurement. This was confirmed by the companies today with the statement that the broad terms of the deal have been agreed upon. The move continues a series of tie-ups conducted by Toyota in recent years and could place pressure on other players to seek similar tie-ups. <a href="https://www.smartkarma.com/entities/20528" target="_blank" data-smartkarma-citation="entities:20528:1">Mazda Motor Corp (7261 JP)</a> may feel particularly pressured…

On the 4th of February the Nikkei reported that Toyota Motor Corp (7203 JP) and Suzuki Motor Corp (7269 JP) were in discussions regarding an alliance on development and procurement. This was confirmed by the companies today with the statement that the broad terms of the deal have been agreed upon. The move continues a series of tie-ups conducted by Toyota in recent years and could place pressure on other players to seek similar tie-ups. Mazda Motor Corp (7261 JP) may feel particularly pressured…

Could Trump Add to Consolidation Pressure on Japan's Auto Industry

Japan

Kurita Water Industries Ltd. manufactures, sells, and maintains water treatment equipment and systems.  The Company's products include water purification and waste water treatment equipment as well as soil remediation systems.  Kurita also manufactures and sells chemicals for water treatment related to sanitation, air-conditioning, and construction.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Kurita Water Industries (6370 JP)

Japan: Scoring Results & Forecasts - Part 2 - Peer Groups

INTRODUCTION - This second part of our review of Results and Forecast/Revision Scores will look at Peer Groups. For the methodology, please refer...

Campbell Gunn

Could Trump Add to Consolidation Pressure on Japan's Auto Industry

On the 4th of February the Nikkei reported that Toyota Motor Corp (7203 JP) and Suzuki Motor Corp (7269 JP) were in discussions regarding an...

Mio Kato

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)