Equity Analyst, LightStream Research

Oshadhi Kumarasiri

An equity research analyst with over 7 years of experience in multiple sectors. Previously worked for one of the world's largest asset managers with about USD2.5trn in AUM, covering small and micro-cap companies in the consumer sphere across Europe and developed Asia. Also experienced in covering multiple industries including banking, insurance and asset management, retail, tech, telco and REIT.

Equity Analyst

Ryohin Keikaku: Big Moves Ahead with Strong FY24 Guidance

Ryohin Keikaku: Expecting FY24 OP Guidance of ¥55.0bn

Ryohin Keikaku: Finally Fixing Its Biggest Weakness?

Ryohin Keikaku: A Beat Can Turn Around Price Performance

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>
<a href="https://www.smartkarma.com/entities/ryohin-keikaku-co-ltd" target="_blank" data-smartkarma-citation="entities:2765:1" rel="noopener">Ryohin Keikaku (7453 JP)</a> rose 24% following an earnings beat in the previous quarter. However, the share price progression afterwards was less than we anticipated.</li>
<li>Our analysis points to one more big earnings beat as consensus is still conservative on cost assumptions.</li>
<li>We think Ryohin Keikaku could take another big stride towards our target price following 1QFY23 results, due on the first week of January 2023.</li>
</ul>



Ryohin Keikaku (7453 JP) rose 24% following an earnings beat in the previous quarter. However, the share price progression afterwards was less than we anticipated.
Our analysis points to one more big earnings beat as consensus is still conservative on cost assumptions.
We think Ryohin Keikaku could take another big stride towards our target price following 1QFY23 results, due on the first week of January 2023.


Ryohin Keikaku: Beat On The Cards, Big Moves To Follow