The Must Read PSA Weekly Research Round-up (week to 06 Dec)

REPORTS: Astellas to Acquire Audentes / Nintendo: Launch of Switch in China / INDUSTRY INSIGHTS: US auto sales rise in November on incentives, extra day / Signs of thaw in the robot market / 2020 iPhone rumours update / MACRO: Corporate Capex remains very healthy / Plus 19 additional COMPANY INSIGHTS

The Weekly Comment by Pelham Smithers

Hyundai Motors has released its ‘Strategy 2025’ roadmap. Analyst Julie Boote sees this as a crucially important change in management’s plans regarding new mobility.

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

1. Astellas (4503 JT) to Acquire Audentes (BOLD US)
2. Nintendo (7974 JT): Launch of Switch in China

Company / Sector / Thematic Comments at a Glance

Technology: Consumer Electronics, Gaming

1. Nintendo (7974 JT) to Revise Up? / Launch of Switch in China
2. 2020 iPhone Rumours Update
3. Video Game Stock Moves – Altplus (3672 JT) Continues to Surge

Technology: Industrial Electronics / SPE / Components / Precision

4. Fujitsu (6702 JT) Considers Sale of Listed Subsidiaries
5. Murata’s (6981 JT) New MLCC

Chemicals / Materials

6. W-Scope (6619 JT) Shares Rise on Local Funding
7. TDK (6762 JT): Strategy Meeting Feedback
8. KH Neochem (4189 JT), a Question of Investment Timing
9. Nissan Chemical (4021 JT) Expands Fungicides
10. GM-LG Chem JV Positive for W-Scope (6619 JT) and Toray (3402 JT)


11. Mazda (7261 JT) Hopes for A Turnaround in the US
12. Suzuki (7269 JT) India Sales Fall Again in November
13. Nov US Auto Sales Rise on Incentives, Extra Weekend

Auto Parts / Machinery

14. Minebea Mitsumi (6479 JT) Closes at 14-Month High on Switch Fever
15. Fujitsu General (6755 JT) Up on Fujitsu (6702 JT) Story

Enterprise Software

16. Freee Prices its Dec 17 IPO
17. NTT Data’s (9613 JT) US Shopping Spree Continues


18. Big Week for Eisai (4523 JT) Ahead
19. Astellas (4503 JT) to Acquire Audentes (BOLD US)
20. Shionogi’s (4507 JT) SAGE-217 Phase III Trial Overshadows Positive News on ViiV


21. Signs of Thaw in the Robot Market
22. Corporate Capex Remains Very Healthy

PSA Company Visits, Tours and Interviews

• Interviewed / Conference call with: TIS (3626 JT); Tokyo Ohka Kogyo (4186 JT), Toyoda Gosei (7282 JT), Toyota Industries (6201 JT), Daifuku (6383 JT), Fujitsu General (6755 JT), SMC (6273 JT)
• Attended strategy / mid-term plan announcement meetings at: TDK (6762 JT), Sumitomo Chemical (4005 JT)

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