The Must Read PSA Weekly Research Round-up (week to 01 Jul)

REPORTS: Recruit Holdings (6098 JT)Daikin Industries (6367 JT)INDUSTRY INSIGHTS: NAND flash prices slumping / Automakers’ May production offers mixed picture / China EV market back to new-found strength / MISCELLANEOUS, MARKET & MACRO: Global warming comes to Japan / Shipping rates / Tankan woes / COMPANY INSIGHTS, NEWS, PREVIEWS & RESULTS: Shin-Etsu’s new antibacterial coating / GlobalWafers’ Texas plans may be contingent / Toyota seeks more support for hybrids in Japan – e-fuels to make hybrids ‘clean’ / Nissan discloses several details on the Renault alliance / Net Protections extends YTD loss to 69% / Rakuten falls as Rakuten Mobile loses out to competitors

The Weekly Comment by Lindsay Whipp

Lindsay Whipp discusses Japan’s EV charging market. Enechange’s positioning provides insights into Japan’s electricity market now and in the future.

Reports / Flash Notes Published This Week: Headlines at a Glance

1. Recruit Holdings (6098 JT) – Recent Decline Has Made Valuations More Attractive
2. Daikin Industries (6367 JT) – Currency and Material Costs

Company / Sector / Thematic Comments at a Glance

Technology: Consumer & Industrial Electronics / Components / Semis & SPE / Precision

1. NAND Flash Prices Slumping
2. Broker Downgrades Hitting Semiconductor / SPE Names
3. Other Tech-Related News & Moves That Caught Our Eye

Chemicals / Materials

4. Shin-Etsu Chemical (4063 JT) Rerates After a Two-Week Dip
5. Shin-Etsu’s New Antibacterial Coating
6. GlobalWafers’ (6488 TT) Texas Plans May Be Provisional


7. Automakers’ May Production Offers Mixed Picture
8. China EV Market Back to New-found Strength
9. Toyota (7203 JT) Seeks Continuous Support for Hybrids in Japan – e-Fuels to Make Hybrids ‘Clean’
10. Nissan (7201 JT) to Disclose (Some) Details of the Alliance Partnership
11. Other Auto-Related News & Moves That Caught Our Eye

Auto Parts / Machinery

12. Diamond Electric’s (6699 JT) EV Charging Systems Easing Energy Crunch

Internet / eCommerce

13. Net Protections (7383 JT) Extends YTD Loss to 69%
14. Rakuten (4755 JT) Falls as Rakuten Mobile Loses Users to Competitors
15. Other Internet / eCommerce News & Moves That Caught Our Eye

Enterprise Software / IT Services

16. Shift Inc (3697 JT) FY22 Q3 Preview: Continued Outperformance on the Cards
17. Sansan (4443 JT) FY21 Q4 Preview


18. Fujifilm (4901 JT) Boosting CDMO Operations
19. Other Pharma News & Moves That Caught Our Eye


20. Global Warming Comes to Japan
21. Shipping Rate Trends
22. Other News & Moves That Caught Our Eye

Market / Strategy / Macro

23. Grim Industrial Production Figures for May
24. Tankan Woes

PSA Company Visits, Tours and Interviews

Visited: Daikin (6367 JT), Wacom (6727 JT), Diamond Electric (6699 JT), Denso (6902 JT), Daifuku (6383 JT)
Conference Calls with: Toho Titanium (5727 JT)
Presentations at: Sekisui Chemical (4204 JT)

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