The Must Read PSA Weekly Research Round-up (week to 22 Dec)

Reports on Capcom / Nissan / Tech Strategy and Weekly Comment Discussing 5G Issues, Contenders and Defenders

The Weekly Comment by Pelham Smithers

10 tech hardware names have contributed 18% of Topix’s performance, underscoring the importance of combining quality and growth when it came to stock selection in 2017. It also shows the benefit of emphasizing business spend over consumer spend. While 2018 looks set to begin where 2017 left off, look for the market to cycle into more risk-on stocks as inflation starts to creep in.

Company / Sector / Thematic Comments at a Glance

Technology: Consumer Electronics / Industrial Electronics / Electronic Components / Precision / SPE

1. Sony (6758): Positive Newsflow Continues
2. Resonant (RESN US) Gets SAW Socket Win: Implications for Murata (6981) and Taiyo Yuden (6976)
3. Murata (6981): CEO Discusses MetroCirc
4. Risks & Rewards at Hitachi (5601) and Melco (6503) in 2018

Autos

5. Toyota (7203): 10 EVs by Early 2020s
6. Toyota Sets up a Mobility Services Company
7. Subaru (7270) Facing Second Governance Scandal on Suspicion of Fuel Economy Data Falsification
8. What next for Nissan as Carlos Ghosn is likely to step down as CEO of Renault?

Auto Parts / Machinery

9. IHI (7013): Advantages vs MHI (7011) and KHI (7012)
10. Toyota Industries (6201) Puts its Cap into the EV Battery Ring
11. New All-time High for Komatsu (6301)

Internet / eCommerce

12. Longfin (LFIN US) Putting Japanese Bitcoin Stocks to Shame (when it comes to speculative interest)

Pharma / Medical Devices

13. Cyberdyne (7779): Medical HAL Get US Approval
14. Chugai (5419): Shire (SHP LN) files injunction over Hemlibra
15. Eisai (4523) Shares suffer as BAN-2401 disappoints
16. Santen (4536): US FDA rejects DE-109

List of PSA Published Reports since Sept 2017

(please contact our sales team for a copy)

*If you would like access to the full reports, or see the full list of reports published, please call your PSA sales representative.