The Must Read PSA Weekly Research Round-up (week to 16 June)

Highlighting a Visit to ARM and an report on LINE’s Tech Conference Comments

The Weekly Comment by Pelham Smithers

A visit to ARM in Cambridge…we discuss possibilities for SoftBank (9984) in devices, communication, MM2MM

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

1. Internet: LINE (3938) – Tech Conference Comment

Company / Sector / Thematic Comments at a Glance

Technology: Consumer Electronics / Gaming / Components / Industrial Electronics

1. Apple (AAPL US): Now Worries over the Modem
2. Nintendo (7974): Low Switch Sales in Japan Again / Market Cap ¥5tril
3. Are we at Peak Game?
4. Toshiba (6502): Georgia Power/ SoTP / Day of Delays / SK Hynix New Suitor

Chemicals / Electronic Materials

5. Japan Display (6740): FY17 Q1 Meeting Shaping up to be Crucial
6. Ube Industries (4208): Reports a Relapse in Spreads
7. Sumitomo Chemical (4005): Ties up with BASF for One of its Fungicides

8. Fujifilm (4901): FY17 Guidance Strikes us as Conservative
9. Kuraray (3405): Cautious Justifications Fall on Deaf Ears

Autos / Auto Parts / Machinery

10. Japanese Automakers Outperforming in China – Honda Stands Out
11. …and the Ghosn saga continues
12. Takata (7312): Set to File for Bankruptcy
13. NOK (7240): Insights on the Apple OLED Phone From our Visit

Internet

14. GREE (3632): We Don’t Agree with the Valuation
15. Rakuten (4755): New Rakuten Direct Not Such a Threat to Yahoo Japan’s (4689) LOHACO

PSA Company Visits, Tours and Interviews

• Results and strategy meetings for Fujifilm Holdings (4901), Ohara Inc (5218)
• Visited Japan Display (6740), Mitsui Chemicals (4183), Nippon Shokubai (4114), Kuraray (3405) and NOK (7240)

List of PSA Published Reports Since Q2 2017 to Date

(please contact our sales team for our list of published reports)

You can also find PSA research on FactSet, Thomson Reuters (Reuters Knowledge, Thomson One Analytics, Starmine), Capital IQ, Alpha Exchange and Bloomberg (under PSAZ or by typing in the < stock code> equity CN PSA ), or contact your sales representative.