Independent Insight Provider, Japanese equities, LightStream Research

Scott Foster

Securities analyst covering electronics, precision equipment & robotics, engineering, construction, transport and other sectors for more than 25 years in Japan and 3 years in Korea. Permanent resident of Japan.

Independent Insight Provider, Japanese equities

Rohm (6963 JP): Strong 2Q Led by Automotive

Rohm (6963): Buy for Auto & COVID Recovery

Rohm (6963 JP): Looking to Recovery with SiC Technology and a 10% Buyback

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

<ul>
<li>Sales, profits and profit margins continued to rise in 3Q, led by IC and discrete semiconductor sales for automotive and industrial applications.</li>
<li>FY Mar-22 guidance looks conservative, but management left it unchanged out of a sense of caution.</li>
<li>Having dropped 21% since November, the share price should now recover based on the fundamentals. </li>
</ul>


Sales, profits and profit margins continued to rise in 3Q, led by IC and discrete semiconductor sales for automotive and industrial applications.
FY Mar-22 guidance looks conservative, but management left it unchanged out of a sense of caution.
Having dropped 21% since November, the share price should now recover based on the fundamentals. 


Rohm (6963 JP): Buy into the Tech Sell-Off

ROHM Co Ltd

Rohm (6963 JP): Buy into the Tech Sell-Off