Japan/Asia Long-Short, LightStream Research

Mio Kato

Over 15 years analysing Japanese and Asian stocks from a long/short perspective

I focus on cyclically driven sectors such as Gaming, Factory Automation and Autos

An eclectic background as a long-short analyst, upper management at a financial data startup through its listing, and as the founder of a team analysing big/alternative data, all of which supports independent and differentiated views... we hope

An appreciation for Mathematics drives the development of a "Micro-Quantamental" process which can provide a data-driven, historically-informed and semi-automated foundation upon which to layer more qualitative and judgemental analysis, thus improving investment decision-making speed and accuracy

Japan/Asia Long-Short

Sony – PS5’s SSD Is “Oodles” Faster and This Makes Series X’s Graphics Edge Irrelevant

Roblox IPO Preview – Unique Positioning

Sony – What the PS5 Showcase Says About Gaming Ecosystems

The Xbox Series S – Minimalism Done Wrong

Accelerating Video Game Sales Growth in August and Strong Pre-Sale Interest for PS5

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

<p>Microsoft surprised pretty much everyone with a purchase of ZeniMax studios just a day prior to the start of pre-orders for its next gen Xbox. ZeniMax was reportedly purchased for $7.5bn after Microsoft’s bid for TikTok failed and raises both the quantity and quality of Xbox’s first party games. We examine the implications below.</p>

Microsoft surprised pretty much everyone with a purchase of ZeniMax studios just a day prior to the start of pre-orders for its next gen Xbox. ZeniMax was reportedly purchased for $7.5bn after Microsoft’s bid for TikTok failed and raises both the quantity and quality of Xbox’s first party games. We examine the implications below.

Sony – How Much Does Microsoft’s ZeniMax Purchase Change the Console Outlook?

Sony Corp

Sony – How Much Does Microsoft’s ZeniMax Purchase Change the Console Outlook?