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

Renesas (6723 JP) New Issue + Placement: Index Implications

Index Rebalance & ETF Flow Recap: SSE50/180/380, SET50, CH50/A50, HSI, HSCEI, Renesas, Exec Order

Renesas Equity Offering - Priced To Go With Index Demand Now and Later

Renesas – Selloff on Dialog Announcement Opens Up Opportunity

Renesas – Profitability Is the Story Here, Not Factory Fires

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 Capital Markets

Renesas Electronics / Equity Capital Markets

<p>Renesas stock has noticeably underperformed peers NXP and Infineon since the announcement of its acquisition of Dialog Semiconductors and a fire at one of its facilities. With the company now raising 11.5% in new equity and major shareholder INCJ also selling a substantial portion of its stake, the stock could be pressured by flows in the short-term, but that is an opportunity investors should take advantage of in our opinion.</p>

Renesas stock has noticeably underperformed peers NXP and Infineon since the announcement of its acquisition of Dialog Semiconductors and a fire at one of its facilities. With the company now raising 11.5% in new equity and major shareholder INCJ also selling a substantial portion of its stake, the stock could be pressured by flows in the short-term, but that is an opportunity investors should take advantage of in our opinion.

Renesas – Secondary Is a Good Chance to Enter at a Discount