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

Seven & I – The US Is About to Hit the Brakes

Seven & I Parts with Sogo & Seibu and Pockets ¥200bn

2021 & 2022 High Conviction Review: Time’s Up For Seven & I But Japan Tobacco Has More Room to Run

Seven & I Marches On in the US Despite Headwinds From Inflation

Seven & I: Positives All Around But Upside Is Limited

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>After raising guidance yet again in 1QFY23 through stronger than expected performance in the overseas business, Seven &amp; I is scheduled to release Q2 results on 6th October 2022.</li>
<li>We are optimistic that 2QFY23 could provide the platform for Seven &amp; I to break the ¥6,100 level, at which the share-price has been stuck for the first 9-months 2022.</li>
<li>This is because, we are seeing a significant improvement in Seven &amp; I’s domestic performance while, North America is carrying the growth momentum that been there since the Speedway-acquisition.</li>
</ul>


After raising guidance yet again in 1QFY23 through stronger than expected performance in the overseas business, Seven &amp; I is scheduled to release Q2 results on 6th October 2022.
We are optimistic that 2QFY23 could provide the platform for Seven &amp; I to break the ¥6,100 level, at which the share-price has been stuck for the first 9-months 2022.
This is because, we are seeing a significant improvement in Seven &amp; I’s domestic performance while, North America is carrying the growth momentum that been there since the Speedway-acquisition.


Seven & I: More Upside as Momentum Turns Positive in the Domestic Market

Seven & I Holdings

Seven & I: More Upside as Momentum Turns Positive in the Domestic Market