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

Fujitsu General (6755) - Fujitsu's Stake On The Block

Fujitsu General (6755) - Fujitsu Wants Out, May Force the Issue

Fujitsu General – Consensus Looks Light

Fujitsu General – 36% Above December Levels, What’s the Trade Now?

Fujitsu General – Earnings Miss Is an Opportunity

Hitachi Metals – Limited Upside Despite Bain Capital News But Let’s Find the Offshoot Ideas

Hitachi Metals – If You Still Own This It May Be Worth Selling Prior to an Acquisition Announcement

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>Fujitsu General’s 2Q results were weak as the company fell into the red at the OP level, however, aside from some unrecoverable weakness in Japan a lot of the impact seems to be pushed out sales which should be recovered in 2H. The name remains cheap for its underappreciated growth potential in the Middle East and India.</p>

Fujitsu General’s 2Q results were weak as the company fell into the red at the OP level, however, aside from some unrecoverable weakness in Japan a lot of the impact seems to be pushed out sales which should be recovered in 2H. The name remains cheap for its underappreciated growth potential in the Middle East and India.

Fujitsu General

Fujitsu General – Just a Little Hiccup