COVID-19 – Pelham Smithers

Aug 20

Aug 20

PSA2021-08-27T15:27:43+00:00

Highlights this week: REPORTS: Ferrotec (6890 JT) / INDUSTRY INSIGHTS: Japan alliance against auto cyberattack / July US video game data / Mobile game revenues struggling / China’s EV market is booming but it’s a struggle for Japan’s automakers / MACRO / MARKET: / Baltic freight rates / Shanghai exports / Japan’s GDP +0.3% QoQ in 2Q / COMPANY INSIGHTS, NEWS, PREVIEWS & RESULTS: Tokyo Electron 1Q FY21 OP +92% YoY / Sapphire Rapids-SP pushback to impact Shinko 2H FY21; FY21 OP beat still likely /Toyota’s production plans / Ferrotec limit up in weak market on record Q1 / istyle’s FY21 results

Aug 20PSA2021-08-27T15:27:43+00:00

Aug 13

Aug 13

PSA2021-08-20T16:02:58+00:00

Highlights this week: RESULTS: Square Enix (9684 JT) / Daifuku (6383 JT) / INDUSTRY INSIGHTS: DRAM price slide picking up speed / MACRO: China trade data / shipping rates / Japan PPI / Japan probes underwriting fairness / COMPANY NEWS & INSIGHTS: Sony’s VR successor / Konami announces its Gamescom 2021 Line-up / COMPANY RESULTS, PREVIEWS & ANNOUNCEMENTS / Nexon 2Q FY21 -42% YoY / IIJ 1Q FY21 OP +113% YoY / MEC 2Q FY21 OP +53% YoY / V-Cube FY21 2Q OP +6% YoY / GMO Financial Gate’s FY21 Q3 results / Rakuten’s FY21 Q2 results / Mercari’s FY21 results / Recruit’s FY21 Q1 results / Plus additional COMPANY NEWS

Aug 13PSA2021-08-20T16:02:58+00:00

Jul 30

Jul 30

PSA2021-08-06T16:31:30+00:00

Highlights this week: REPORTS: Money Forward (3994 JT) / Nissha Co (7915 JT) / Toyota Motor (7203 JT) / Nissan Motor (7201 JT) / Tech Sector Strategy / INDUSTRY INSIGHTS: China widens internet crackdown / China’s crackdown on online tutoring businesses / MARKET / MACRO: Might 1Q FY21 be a record OP for Topix 100? / COMPANY NEWS: Nintendo to shut down its Dr. Mario mobile game / PS5 cumulative sales hit 10mil / Rakuten hit by negative news on several fronts / COMPANY PREVIEWS / RESULTS: Advantest FY21 1Q OP: all-time high / Hitachi 1Q FY21 AOI +124% YoY / Plus additional COMPANY PREVIEWS & RESULTS

Jul 30PSA2021-08-06T16:31:30+00:00

Mar 05

Mar 05

PSA2021-03-12T13:58:33+00:00

Highlights this week: REPORTS: Ricoh (7752 JT) INDUSTRY INSIGHTS: Corporate software spend rebounds in Q4 2020 Among electricals, spring wage negotiations take on a Covid spin Mobile game net sales surge in 1Q US auto sales fall in February Wireless pricing wars MACRO: Feb PMI Employment data for Jan CY20 Q4 capex Monetary base COMPANY INSIGHTS: Is Apple set to cut iPhone production more than originally expected? Sony ends on-demand video purchasing from PlayStation Store Plus Additional COMPANY INSIGHTS

Mar 05PSA2021-03-12T13:58:33+00:00

Feb 05

Feb 05

PSA2021-02-12T16:28:57+00:00

Highlights this week: REPORTS: PSA’s Annual Global Auto Sales Outlook: 2021 INDUSTRY INSIGHTS: Debate widens on semis and 5G MACRO: Covid cases Japan’s Jan monetary base +18.9% YoY China’s Caixin’s Jan Composite PMI down from 55.8 to 52.2 COMPANY NEWS, PREVIEWS & RESULTS: Technology: Consumer & Ind’l Electronics / Components / SPE / Precision Sony / Nintendo /Konami / SQE / Panasonic / Hitachi / Rohm / TDK / Kyocera / Lasertec / Nihon Kohden / Megachips / Ibiden / Nikon Plus additional COMPANY NEWS, PREVIEWS & RESULTS

Feb 05PSA2021-02-12T16:28:57+00:00

Nov 27

Nov 27

PSA2020-12-04T14:18:10+00:00

Highlights this week: REPORTS: BASE Inc (4477 JT) Daikin (6367 JT) INDUSTRY INSIGHTS MLCCs and semiconductors: two sides of the same coin Mixed outlook for US auto sales financing business EV-plays sparking interest Request for easier renewable energy regulations COMPANY INSIGHTS: PS5 shortage continues Nintendo taps Sharp for Switch production New rice-milling game becoming a cult hit for Marvellous Plus additional COMPANY INSIGHTS

Nov 27PSA2020-12-04T14:18:10+00:00

Nov 20

Nov 20

PSA2020-11-27T14:05:44+00:00

Highlights this week: REPORTS: Nintendo (7974 JT) Murata (6981 JT) Our impressions from the Automobilwoche auto conference MACRO: Japan GDP Rebounds Nicely Is deflation returning to Japan? INDUSTRY INSIGHTS: EUV – growing market means competition COMPANY INSIGHTS: Price of a PS5 – if you can get one The trouble with Nintendo… Capcom’s ransomware attack Plus additional COMPANY INSIGHTS & RESULTS

Nov 20PSA2020-11-27T14:05:44+00:00

Oct 16

Oct 16

PSA2020-10-23T13:44:53+00:00

Highlights this week: REPORTS: GMO Financial Gate (4051 JT) Yaskawa Electric (6506 JT) Suga’s Digital Investment Plan INDUSTRY INSIGHTS: What Japan stock investors should look for from the iPhone launch event Consumption via smartphone rises Japan’s automakers facing massive safety belt recall Daimler’s mobility insurance venture sets an example for auto industry Update on NASH MACRO: China imports surge Plus additional COMPANY INSIGHTS

Oct 16PSA2020-10-23T13:44:53+00:00

Sep 25

Sep 25

PSA2020-10-02T13:26:45+00:00

Highlights this week: REPORT: Nabtesco (6268 JT) MARKET / MACRO: Covid / lockdown / WFH stars in Mothers index INDUSTRY INSIGHTS: Channel checks suggest new iPhone production is high-end oriented Amazon enters the video game streaming market COMPANY INSIGHTS: Readthrough from the Microsoft / Bethesda Deal Can Capcom release a Monster Hunter and a Resident Evil title every year? Plus additional COMPANY INSIGHTS

Sep 25PSA2020-10-02T13:26:45+00:00

Aug 07

Aug 07

PSA2020-08-14T12:49:19+00:00

Highlights this week: REPORTS: ZOZO (3092 JT) Toyota (7203 JT) COMPANY INSIGHTS: Z Holdings and LINE to merge in Mar 2021 RESULTS / PREVIEWS: Consumer Electronics: Sony’s impressive FY20 1Q OP Nintendo’s staggering FY20 Q1 OP +428% YoY Video Games: Square Enix Q1 OP +242% Capcom Q1 OP +39% YoY Nexon, DeNA and Mercari beat estimates Plus COMPANY RESULTS & PREVIEWS

Aug 07PSA2020-08-14T12:49:19+00:00