Equity Analyst, LightStream Research

Shifara Samsudeen, FCMA, CGMA

A chartered management accountant with more than 10 years of rich experience in investment research and financial analysis. Worked as an equity analyst for one of the world's largest asset managers with USD2.5trn in AUM covering numerous sectors including chemicals, retail, tech, autos, telco, real-estate and banks, globally. Experienced in fundamental equity research, industry research, commodity studies, forensic accounting, and due diligence reviews.

Equity Analyst

Timee 2Q Results: Revenue Decline Is Only Temporary

Recruit Holdings: 1Q Earnings Is No Surprise but More Downside Ahead

Timee: Recent Setback in Share Price Offers an Attractive Entry Point

Shift: Shift in Recruitment Policy Supports Margin Recovery; Further Upside

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>
<a href="https://www.smartkarma.com/entities/timee-inc" target="_blank" data-smartkarma-citation="entities:43690:1" rel="noopener">Timee (215A JP)</a> ’s share price has dropped more than 30% since its 3QFY10/2025 earnings announcement on  11th September which saw further slowdown in top line growth.</li>
<li>The company’s revenue growth has been slowing down due to cost containment in the food and retail industries, and Timee revised downwards the revenue forecast for FY10/2025.</li>
<li>Timee has taken several measures to revive its growth. With depressed valuation coupled with earnings recovery potential, we see strong upside.</li>
</ul>



Timee (215A JP) ’s share price has dropped more than 30% since its 3QFY10/2025 earnings announcement on  11th September which saw further slowdown in top line growth.
The company’s revenue growth has been slowing down due to cost containment in the food and retail industries, and Timee revised downwards the revenue forecast for FY10/2025.
Timee has taken several measures to revive its growth. With depressed valuation coupled with earnings recovery potential, we see strong upside.


Timee: Slowdown in Topline Growth Concerns Market