'Quantamental' Japan Specialist, LightStream Research

Campbell Gunn

Former Japan Equity PM with over 30 of experience now providing database-driven analysis of the market, sectors, peer groups and stocks for LightStream Research.

Leveraging data and graphic analysis provided by Japan Analytics, and the related Japan Analytics iPad App, we provide insights on companies are often ignored by the sell-side as well as challenging conventional wisdom on the market overall.

'Quantamental' Japan Specialist

Smartkarma's Week that Was in JP/KR: September Seasonality Suggests Securing Shares Selectively

Nipro [8086 JP] - A Serial Destroyer of Shareholder Value on the Acquisition Trail

Japan Inventory Watch - Featured Stock: Macnica Fuji Electronics [3132 JP]

ja research

ja research is an independent research platform focused exclusively on Japanese equities. Leveraging data and graphic analysis provided by Japan Analytics, we provide insights on small and medium-sized companies that have been ignored by the sell-side as well as challenging conventional wisdom on larger companies. We also offer analyst and corporate access, the latter with translation if required. 

Equity Bottom-Up

<p><strong>DOWNWARD REVISION AHEAD OF YEAR-END RESULTS</strong> - At 3 pm yesterday, <a href="https://www.smartkarma.com/entities/18346" target="_blank" data-smartkarma-citation="entities:18346:1">Nipro Corp (8086 JP)</a> announced a downward revision to its forecasts for the fiscal year-end about to be reported as well as an unspecified reduction in the dividend to be paid during the current year. The details are in the table below. Revenues are expected to be ¥394t (¥401b), Operating Income will be ¥27.0b (¥32.5b) and Net Income ¥11.8 (¥19.0). Operating Margin will be 6.8% (8.1%) and Net Margin 3.0% (4.75%). Operating Income…</p>

DOWNWARD REVISION AHEAD OF YEAR-END RESULTS - At 3 pm yesterday, Nipro Corp (8086 JP) announced a downward revision to its forecasts for the fiscal year-end about to be reported as well as an unspecified reduction in the dividend to be paid during the current year. The details are in the table below. Revenues are expected to be ¥394t (¥401b), Operating Income will be ¥27.0b (¥32.5b) and Net Income ¥11.8 (¥19.0). Operating Margin will be 6.8% (8.1%) and Net Margin 3.0% (4.75%). Operating Income…

ニプロ（8086 JP）が業績予想を下方修正し、配当金を削減：株価は11％下落