Independent Insight Provider, Japanese equities, LightStream Research

Scott Foster

Securities analyst covering electronics, precision equipment & robotics, engineering, construction, transport and other sectors for more than 25 years in Japan and 3 years in Korea. Permanent resident of Japan.

Independent Insight Provider, Japanese equities

Ushio (6925 JP): Preparing for the Next Growth Cycle

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>Ushio has tied up with Applied Materials (AMAT) to develop lithography systems for package substrates using AMAT's Digital Lithography Technology.</li>
<li>This should keep the focus on Ushio's more advanced technologies (which also include EUV mask inspection light sources) and its potential to rebound with the semiconductor cycle.</li>
<li>The shares have dropped back 10% since mid-December, providing an entry point. 3Q results are scheduled to be announced on February 9.</li>
</ul>


Ushio has tied up with Applied Materials (AMAT) to develop lithography systems for package substrates using AMAT's Digital Lithography Technology.
This should keep the focus on Ushio's more advanced technologies (which also include EUV mask inspection light sources) and its potential to rebound with the semiconductor cycle.
The shares have dropped back 10% since mid-December, providing an entry point. 3Q results are scheduled to be announced on February 9.


Ushio (6925 JP): Tie-Up with Applied Materials Adds to Long-Term Potential

Ushio Inc

Ushio (6925 JP): Tie-Up with Applied Materials Adds to Long-Term Potential