The Must Read PSA Weekly Research Round-up (week to 26 Aug)

REPORTS: Global Video Game Outlook / Demae-can (2484 JT) / INDUSTRY INSIGHTS: Semiconductor inventories: now are they an issue? / Video game console sales below 700,000/wk, mobile revs sliding / PS5 sales down YoY in latest weekly data / Real estate companies support DX: survey feedback / Japan’s nuclear plans / MISCELLANEOUS, MARKET & MACRO: Many corporations still cautious with forex assumptions / Tokyo CPI / COMPANY INSIGHTS, NEWS, PREVIEWS & RESULTS: How exposed is Sony over the new PlayStation court case? / Sony’s PSVR2 set to be playable at Tokyo Games Show / Nidec COO Jun Seki is leaving the motor maker / Ferrotec edges up 1% WoW on firm FY22 outlook / Toyota paves the way for expansion in India / Hino emission scandal expands to light duty trucks / Mitsui Chemicals to divest phenol operations / Kaneka adds to global capacity

The Weekly Comment by Pelham Smithers

Who is in the frame to replace BoJ Governor Kuroda and what are the ramifications for monetary policy? Pelham Smithers investigates.

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

1. Global Video Game Industry – Headed for a Crisis?
2. Demae-can (2484 JT) – Operating Losses to Contract Post FY22?

Company / Sector / Thematic Comments at a Glance

Technology: Consumer Electronics, Gaming

1. Video Game Console Sales Below 700,000/wk, Mobile Revenues Sliding
2. PS5 Sales Down YoY in Latest Weekly Data
3. PSVR2 Set to be Playable at Tokyo Games Show
4. How Exposed is Sony (6758 JT) Over the New PlayStation Store Case?
5. Other Consumer Elec / Gaming News & Moves That Caught Our Eye

Technology: Industrial Electronics / Components / Semis & SPE / Precision

6. Semiconductor Inventories: Now Are They an Issue?
7. Nidec (6594 JT) COO Jun Seki is Leaving the Motor Maker
8. Ferrotec (6890 JT) Edges Up 1% WoW on Firm FY22 Outlook
9. Other Tech-Related News & Moves That Caught Our Eye

Chemicals / Materials

10. Kaneka (4118 JT) Adding to its Global Capacity
11. Mitsui Chemicals (4183 JT) to Divest Phenol Operations

Autos

12. Hino’s (7205 JT) Emission Scandal Extends to Light Duty Trucks
13. Toyota (7203 JT) Paves the Way for Expansion in India

Internet / eCommerce

14. Research Shows that Almost All Real Estate Companies Support DX
15. Another Network Issue at KDDI (9433 JT) Could See Demand for Rakuten’s (4755 JT) Service Pick Up
16. Other Internet / eCommerce News & Moves That Caught Our Eye

Enterprise Software / IT Services

17. Shift Inc (3697 JT): When Success Depends on Changing the Mindset
18. Cybozu (4776 JT) Shows Further Signs of Sales Acceleration
19. Sansan (4443 JT) Overtakes Freee (4478 JT) in Market Cap
20. Money Forward (3994 JT) Launches Invoicing Product to Rival Sansan’s (4443 JT) Bill One

Pharma

21. Sumitomo Pharma’s (4506 JT) Patent Cliff Draws Nearer

Miscellaneous

22. Japan’s New Nuclear Plans
23. Other News & Moves That Caught Our Eye
Market / Strategy / Macro
24. Many Corporations Still Cautious with Forex Assumptions
25. Tokyo CPI Rising

PSA Company Visits, Tours and Interviews

Visited: Ferrotec (6890 JT), Daikin (6367 JT), Daifuku (6383 JT), TDK (6762 JT), Showa Denko (4004 JT), UBE Corp (4208 JT)
Conference Calls with: Shift Inc (3697 JT), ExaWizards (4259 JT)
Small meeting at: Sumitomo Pharma (4506 JT)

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