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

Autos

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

Telecom

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

Internet

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

Pharma

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

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