The Must Read PSA Weekly Research Round-up (week to 17 Mar)

4 Great Reports to Flag – Murata / Sony / Cyberdyne and Short Sellers / Initiation Report on Line

Reports/Flash Notes: Headlines at a Glance

1. Technology: Murata (6981) – Rethinking the Module Conundrum
2. Technology: Sony (6958) – New PS Vue Ad Campaign as YouTube TV Unrolled
3. Strategy / Pharma: Cyberdyne (7779) and Short Sellers
4. Line (3938) Initiation: Valuations Way out of Line; A Read-across to CyberAgent (4751)

Company / Sector / Thematic Comments at a Glance

Technology: Consumer Electronics / Gaming / Industrial Electronics / Precision

1. Sony (6758): PS Now to Offer PS4 Games as Well as PS3 / PSVue and March Madness
2. Tesla (TSLA US): Capital Raising a Positive for Panasonic (6752)
3. NPD Video Game Sales in February Disappointing
4. Wacom (6727): Takes Restructuring Charge
5. SPE: Is the Cycle Coming to an End? Playing the Memory Chip Boom / Opportunities in HDDs
6. Toshiba (3502): Selling off More Assets / DBJ Might Bid for the Chip Business
7. High-flying DDS (3782) Shares Hit Brick Wall

Chemicals / Electronic Materials

8. Wafer Maker Shares – Take the Money and Run?
9. Roundup on Roundup: Read-across to Sumitomo Chemical (4005) and Nissan Chemical (4021)
10. Nissha Printing (7915): Under Treat from TPK Holdings (3673 TT) for Film-based Touch Sensors
11. Ube Industries (4208): Nylon Business Information Meeting / Caprolactam Spreads Rising


12. Nissan (7203) / Mitsubishi Motors (7211): Integration Moving Along Swiftly
13. Toyota (7203): Trump Pressure and What to do with the Mexico Plant / UK Plant
14. Suzuki (7269): Going from Strength to Strength
15. EU/EFTA Auto Sales +2.1% YoY to 1.11mil units in February: Suzuki, Toyota Stand Out

Machinery / Auto Parts

16. Several Machinery and Auto Parts Stocks Hitting All-Time Highs


17. Sprint (S US) Driving SoftBank’s (9984) Share Price at Present


18. Japanese Software Providers Winning Business
19. GMO Payment Gateway (3769): Data Breach
20. CyberAgent (4751): Latest AbemaTV Figures Encouraging


21. Sosei’s (4565) Heptares in Tie-up with DSK (4538) / Failed to Graduate to TSE1

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