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

Toshiba – Some Thoughts on the Bain Article

Toshiba – Market Reaction to Proposal Solicitation News Is a Great Short Opportunity

Toshiba – Special Dividend Not Enough To Offset Negatives

Toshiba (6502) - Effissimo's Pledge Isn't One. It Is a Signalling Device.

Toshiba (6502 JP): National Security Overrides the Interests of Speculators

Gravity Works As WeWork Doesn't; Now Plan B

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>3D Investment Partners has sent another open letter to Toshiba’s Board of Directors once again pushing for privatisation options. </li>
<li>Once again, the fund's claims and demands come across as rather shrill and potentially desperate. </li>
<li>3D’s behaviour is a stark contrast with other activists who have been quieter and more skilful and could be the biggest risk to Toshiba in our view.</li>
</ul>


3D Investment Partners has sent another open letter to Toshiba’s Board of Directors once again pushing for privatisation options. 
Once again, the fund's claims and demands come across as rather shrill and potentially desperate. 
3D’s behaviour is a stark contrast with other activists who have been quieter and more skilful and could be the biggest risk to Toshiba in our view.


Toshiba Corp

Toshiba – 3D At It Again