The Must Read PSA Weekly Research Round-up (week to 03 Apr)

REPORTS: The Japanese Stock Market During the Covid-19 Outbreak / What Does Covid-19 and Postponed Olympics in Japan Mean for Cashless Payments? / EV Sales Outlook Amid Covid-19 Crisis / MACRO / MARKET: Job offers to applicants / IIP / Tankan
Retail sales for March showing growing impact of Covid-19 / Plus additional INDUSTRY & COMPANY INSIGHTS

The Weekly Comment by Pelham Smithers

All told, the pharma sector doesn’t look to be the safe haven it would normally be in these tough economic times, explains Pelham Smithers.

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

1. The Japanese Stock Market During the Covid-19 Outbreak
2. What Does Covid-19 and Postponed Olympics in Japan Mean for Cashless Payments? 5
3. EV Sales Outlook Amid Covid-19 Crisis

Company / Sector / Thematic Comments at a Glance

Technology: Consumer Electronics, Gaming

1. Video Game Stocks Playing Catch-Up to Nexon (3659 JT)
2. Nintendo (7974 JT): 50% Premium for Switch Consoles / AC:NH Popular in China
3. Renewed Interested in GungHo’s (3765 JT) P&D / Capcom’s (9697 JT) Parent Results
4. Has Coronavirus Killed Off the Compact Camera?
Technology: Industrial Electronics, SPE, Components

Chemicals / Materials

5. Can JSR (4185 JT) Rebound Like Olympus (7733 JT)?
6. Toray’s (3402 JT) Carbon Fiber Less of a Draw Amid Covid-19
7. Denka’s (4061 JT) Avigan Involvement

Autos

8. Japanese Automakers’ Global Production Drops in February
9. US Auto Sales Plunge in March
10. China Considers Auto Market Support
11. Subaru (7270 JT) and Suzuki (7269 JT) See Dramatic Turnaround in Performance

Telecom

12. SoftBank Group (9984 JT) Withdraws WeWork Share Purchase Offer

Internet / eCommerce

13. GA Technologies (3491 JT): Tech-based Solutions Drive Further Growth
14. Kakaku.com (2371 JT): tabelog’s Number of Online Reservation Continues to Slide

Enterprise Software / IT

15. TIS Inc (3626 JT): 3:1 Stock Split Effective from April 1
16. Visa’s (V US) Q2 Payments Volume: Early Insight into Covid-19 Impact on Spending
17. PCA Corp (9629 JT) 4Q Preview

Pharma

18. Chugai Pharma (4519 JT) Hits and All-Time High

Market / Macro

19. February Data Surprisingly Good
20. March Quarter Tankan Not as Poor as Expected
21. Retail Sales Numbers for March Showing Growing Impact of Covid-19

PSA Company Visits, Tours and Interviews

• Interviewed / Conference Call with: Teijin (3401 JT)
• Visited: Tokyo Ohka Kogyo (4186 JT)

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