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

The Week That Was In North Asia@Smartkarma: Dr. Jim Walker's 2018 Strategy, Bitcoin Crash, & BLASH

Nikkei Announcement of Hirai Shift to Chairman, Yoshida Promotion to CEO Moves Sony up 2%

The Week That Was in NorthAsia@Smartkarma: Korean Pref, Kansai Mirai Arb, JDI Rise, & SE Stock Split

Sony's Jumanji Box Office Over US$500mil Globally

Sony (6758) - PSVR Hits 2mil Mark, Trial Deal Sells Out in 48 Hours

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

Sony was down 5% today as the name was downgraded on concerns surrounding potential underperformance of the iPhone X and the knock-on impact on Sony's image sensor business. We believe this misses the point.1) We believe the likely underperformance of the iPhone X is a matter of consumer rejection of the price point and do not feel it is appropriate to read through these trends to other high-end smartphones.2) We believe gradual price hikes for the PS Plus network and the rapidly growing…

Sony was down 5% today as the name was downgraded on concerns surrounding potential underperformance of the iPhone X and the knock-on impact on Sony's image sensor business. We believe this misses the point.1) We believe the likely underperformance of the iPhone X is a matter of consumer rejection of the price point and do not feel it is appropriate to read through these trends to other high-end smartphones.2) We believe gradual price hikes for the PS Plus network and the rapidly growing…

Sony: Sensor Concerns Overlook Profit Growth From Games and Music

Sony Corp

Sony: Sensor Concerns Overlook Profit Growth From Games and Music