Equity Analyst, LightStream Research

Shifara Samsudeen, FCMA, CGMA

A chartered management accountant with more than 10 years of rich experience in investment research and financial analysis. Worked as an equity analyst for one of the world's largest asset managers with USD2.5trn in AUM covering numerous sectors including chemicals, retail, tech, autos, telco, real-estate and banks, globally. Experienced in fundamental equity research, industry research, commodity studies, forensic accounting, and due diligence reviews.

Equity Analyst

Recruit Holdings: Recent Rally in Share Price Is Unwarranted

M3: Growth Slowing Down Despite Long List of M&As Continuing

J&T Global Express IPO: SEA Margins Declining and Other Businesses Far from Profitability

Money Forward: Lower S&M Spending in 1Q Drives Losses Down

Fujifilm FQ4: Strong Earnings Beat and There's Further Upside

M3: Guidance Points to Further Slowdown in Growth

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

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

NTT (Nippon Telegraph & Telephone) / Equity Bottom-Up

NTT (Nippon Telegraph & Telephone) (9432 JP)

<ul>
<li>Nikkei reported last week that <a href="https://www.smartkarma.com/entities/nippon-telegraph-telephone-corporation" target="_blank" data-smartkarma-citation="entities:623:1" rel="noopener">NTT (Nippon Telegraph &amp; Telephone) (9432 JP)</a> is developing a generative AI and plans to offer services to the company’s corporate clients by Next March.</li>
<li>Over the recent years, NTT has been extensively investing on AI, robotics and other data-driven products and services to boost its top line growth as its core business is saturating.</li>
<li>AI and semiconductors are two key policy areas of Japanese government for development as the country is dealing with population and other demographic changes.</li>
</ul>


Nikkei reported last week that NTT (Nippon Telegraph &amp; Telephone) (9432 JP) is developing a generative AI and plans to offer services to the company’s corporate clients by Next March.
Over the recent years, NTT has been extensively investing on AI, robotics and other data-driven products and services to boost its top line growth as its core business is saturating.
AI and semiconductors are two key policy areas of Japanese government for development as the country is dealing with population and other demographic changes.


NTT: Developing Industry-Specific AI Offerings as AI Becomes One of Government's Key Focus Areas