Senior Technology Analyst, Japanese Equities, LightStream Research

Scott Foster

Securities analyst covering electronics, precision equipment & robotics, engineering, construction, transport and other sectors for more than 25 years in Japan and 3 years in Korea. Permanent resident of Japan.

Senior Technology Analyst, Japanese Equities

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>With its stock price down 30% from its January peak, Fujitsu deserves another look.</li>
<li>Management is setting long-term target with development of a Neural Processing Unit for AI inferencing to be produced by Rapidus at 1.4-nm.</li>
<li>Sales and profits are now threatened by the economic disruption caused by the war on Iran, but restructuring and demand for AI-driven corporate service solutions should support long-term margin expansion.</li>
</ul>


With its stock price down 30% from its January peak, Fujitsu deserves another look.
Management is setting long-term target with development of a Neural Processing Unit for AI inferencing to be produced by Rapidus at 1.4-nm.
Sales and profits are now threatened by the economic disruption caused by the war on Iran, but restructuring and demand for AI-driven corporate service solutions should support long-term margin expansion.


Fujitsu (6702 JP): Targeting AI Inference at 1.4nm

Fujitsu Ltd

Fujitsu (6702 JP): Targeting AI Inference at 1.4nm