Equity Analyst, LightStream Research

Supun Walpola

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

<p><a href="https://www.smartkarma.com/entities/kakaku-com-inc" target="_blank" data-smartkarma-citation="entities:7408:1" rel="noopener">Kakaku.com Inc (2371 JP)</a>’s 2Q FY03/21 financial results were somewhat disappointing given that Tabelog’s recovery was slow and Kakaku.com not being able to maintain its higher 1Q growth. However, more recent data suggests that we could expect Tabelog to recover to the pre-pandemic level (or even better that) in 3Q FY03/21.</p>

Kakaku.com Inc (2371 JP)’s 2Q FY03/21 financial results were somewhat disappointing given that Tabelog’s recovery was slow and Kakaku.com not being able to maintain its higher 1Q growth. However, more recent data suggests that we could expect Tabelog to recover to the pre-pandemic level (or even better that) in 3Q FY03/21.

Kakaku.com: Heading Towards a Potential 3Q Recovery