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

Screen Holdings (7735 JP): FY Guidance Up, 2H Guidance Down

Screen Holdings (7735): Share Price Straight Up, Financials Not so Simple

Screen Holdings (7735 JP): Positioning & Potential Passive Buying

Screen Holdings (7735 JP): Positive Scenario Discounted

Screen Holdings (7735 JP): Positive Impression from Hikone Factory Tour

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>Japan's new restrictions on exports of semiconductor production equipment to China are a potential threat to Screen.</li>
<li>TSMC's announcement that 2023 capex is likely to be at the low end of the forecast range is another negative. </li>
<li>Share price consolidation should continue until guidance is lowered or verified.</li>
</ul>


Japan's new restrictions on exports of semiconductor production equipment to China are a potential threat to Screen.
TSMC's announcement that 2023 capex is likely to be at the low end of the forecast range is another negative. 
Share price consolidation should continue until guidance is lowered or verified.


Screen Holdings (7735 JP): Export Restrictions Add to Uncertainty

SCREEN Holdings

Screen Holdings (7735 JP): Export Restrictions Add to Uncertainty