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

JDI: The Spring Has Sprung...33% in 10 Trading Days

Japan Display Measuring the Gap for Upside Drive

JDI: Marginal QoQ Improvement, Sale of Nomi Facility to JOLED and Mi Mix 2 Could Be Swing Factors

JDI Announces JPY170bn Restructuring Cost, Can Dec Q Apple Sales Drop Be Derived From Disclosures?

JDI Visit: Tough FY18 but Company Confident. We Feel Some Apple Business Will Remain in FY19

JDI to Announce Large Restructuring Plan, 1bn Credit Lines and Tianma May Invest

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>We mentioned in our previous insight, <a href="https://www.smartkarma.com/insights/jdi-visit-tough-fy18-but-company-confident-we-feel-some-apple-business-will-remain-in-fy19" target="_blank" data-smartkarma-citation="insights:13436">JDI Visit: Tough FY18 but Company Confident. We Feel Some Apple Business Will Remain in FY19</a> that the company appeared to be significantly more confident that we had experienced previously and that we expected continuing orders from <a href="https://www.smartkarma.com/entities/666" target="_blank" data-smartkarma-citation="entities:666:1">Apple Inc (AAPL US)</a> in 2018 and a strong reception for its Full Active displays (which should then be followed with its flexible Full Active Flex displays). The stock remains beaten down and risks are non-negligible, however, we…</p>

We mentioned in our previous insight, JDI Visit: Tough FY18 but Company Confident. We Feel Some Apple Business Will Remain in FY19 that the company appeared to be significantly more confident that we had experienced previously and that we expected continuing orders from Apple Inc (AAPL US) in 2018 and a strong reception for its Full Active displays (which should then be followed with its flexible Full Active Flex displays). The stock remains beaten down and risks are non-negligible, however, we…

JDI: Upturn in Estimates and Share Price Confirm Our Impression That This Spring Is Now Fully Coiled