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

2021 High Conviction Seven & I: Major Headwinds Deflected By The Yen Depreciation, Upside Is Limited

Seven & I’s Valuation Nears Breaking Point

Good Morning Japan |Fed Hawks Return; Earnings Weigh; ValueAct Tgts S&I(3382); Spate of JP BUY U/Gs

Seven & I: Positives All Around But Upside Is Limited

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

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

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.

Event-Driven

<ul>
<li>Earlier today, <a href="https://www.smartkarma.com/entities/seven-i-holdings-co-ltd" target="_blank" data-smartkarma-citation="entities:1041:1" rel="noopener">Seven &amp; I Holdings (3382 JP)</a>’s board decided to sell the underperforming department store business Sogo Seibu to the SoftBank Group controlled Fortress Investment Group for around ¥200bn.</li>
<li>The sale of Sogo &amp; Seibu looks like a positive development from all angles, but it could be already priced in as the rumours were there from February 2022 onwards.</li>
<li>Meanwhile, there are downside risks to Seven &amp; I shares in the short term from falling gas prices and rising inflation in the US.</li>
</ul>


Earlier today, Seven &amp; I Holdings (3382 JP)’s board decided to sell the underperforming department store business Sogo Seibu to the SoftBank Group controlled Fortress Investment Group for around ¥200bn.
The sale of Sogo &amp; Seibu looks like a positive development from all angles, but it could be already priced in as the rumours were there from February 2022 onwards.
Meanwhile, there are downside risks to Seven &amp; I shares in the short term from falling gas prices and rising inflation in the US.


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