Our Mission

Vido's mission is to provide bespoke research that helps you better understand your investments, see where management and shareholder interests align, and facilitate a constructive engagement to produce better investment outcomes.


who we are

andrew daniels, Founder

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Born in the UK and educated at Oxford and Kanazawa Universities, Andrew first developed an interest in Japan at the age of thirteen. 

After earning a First Class degree in Japanese from Pembroke College, Oxford in 2004, he joined the Japan desk of a London-based broker as a trainee sales analyst, moving to Tokyo a year later. Being the company's only eyes and ears on the ground was a real baptism of fire at a time when Japan was booming and investor interest was palpable. He quickly learned how to get his head around a company's business model in a hurry, and developed a nose for ideas and how to present them.

In 2008 he moved on to the Tokyo office of a US-headquartered alternative asset manager, visiting hundreds of companies a year, and originating and maintaining investment ideas. The most satisfying part of this work was building multi-year relationships with company top management, creating the trust to enable high-level discussion of corporate governance, strategy, return on investment, and capital structure. 

The relationship between Japanese companies and their shareholders has changed massively in the past 10 years. They are now fully prepared to engage on corporate governance, raising ROE, and balance sheet efficiency - as long as you come prepared with a fluent understanding of their business
— Andrew Daniels, Founder

In 2018, Andrew founded Vido Research with the aim of delivering this expertise to a broader variety of clients who want greater insight into Japan - both through an in-depth understanding of businesses and their value, and also by engaging with management, where Vido can bridge the linguistic and cultural distance.


capabilities

Screening

We can locate companies with a size, liquidity, valuation or growth profile that fits your mandate, or whittle down your own list of candidates to target companies for visits and further work.

 

Individual Company Research

Company interviews and attendance at company-organised events or trade events, production of company-specific reports, modelling, and valuation. All based on an in-depth understanding of the business model and its prospects.

 

ENGAGEMENT

We can help bridge the linguistic and cultural gap to facilitate your engagement with management - on topics including corporate governance, return on capital, balance sheet structure, and use of cash.

 

Sector and Thematic Research

Whether it be a quick primer on a hot topic, or a deep dive on an under-researched sector, we have broad expertise to deploy.


EXPERIENCE

We are happy to look at any company, sector or theme in Japan, especially those that are under-researched, but we have significant experience in the following sectors and themes - please contact us for more information:

  • Airlines
  • Aerospace
  • Autos and Parts
    • Autonomous Driving
    • Vehicle Electrification
  • Construction and Mining Machinery
  • Consumer Electronics
    • Appliances
    • Audio-Visual
    • Console Gaming
  • Factory Automation
    • Machine Tools
    • Robotics
  • Heavy Industries
    • Nuclear Plant
    • Conventional Plant
    • Rolling Stock
      • Internet and Gaming
        • Advertising/Adtech
        • Mobile Games
      • Precisions
        • Photographic Equipment
        • Printing
      • Semiconductors and Components
        • Analogue Semis
        • Automotive Semis
        • Image Sensing
      • Services
        • General and Speciality Retail
        • Hotels
        • Human Resources
      • Telecoms