The Must Read PSA Weekly Research Round-up (week to 18 Dec)

REPORTS: A look at Yappli’s upcoming IPO / Nidec (6594 JT) as an EV play / MACRO: Tankan better than expected; PMI disappointed, as did CPI / Solid China data for November / What to keep an eye on over Christmas / INDUSTRY INSIGHTS: DRAM prices rising / COMPANY INSIGHTS: / Cult hit game Among Us has arrived on Switch / Mobile update: Just Cause IP coming to mobile in 2021; Street Fighter slides / Plus additional COMPANY INSIGHTS

The Weekly Comment by Pelham Smithers

With MHI planning a new Japanese fighter plane, Pelham Smithers thinks the company may be on to something. Although the project will entail collaboration with foreign companies, much of the value-add lies with Japan’s advanced electronics capabilities.

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

1. A Look at Yappli Inc’s (4168 JT) IPO
2. Nidec (6594 JT) as an EV Play

Company / Sector / Thematic Comments at a Glance

Technology: Consumer Electronics, Gaming

1. Mobile Update: Just Cause Coming to Mobile in 2021, Street Fighter Slides
2. Gaming Moves & News

Technology: Industrial Electronics and Electronic Components

3. Hitachi (6501 JT) Continues to Slim Down

Technology: Semiconductor Production Equipment & Precision

4. Update on NEC (6701 JT) Vector Engine
5. Canon (7751 JT) Targeting 124 Litho Tool Sales in 2020
6. Fujifilm Holdings (4901 JT): Clinical Trail Testing Problems for Avigan
7. DRAM Prices Rising

Technology: Bitcoin / Cryptocurrency and Blockchain

8. Bitcoin Strength: Implications for GMO Internet (9449 JT)

Chemicals / Materials

9. Commodity Spreads Up at JSR(4185 JT) and Ube (4208 JT)

Autos

10. Toyota’s (7203 JT) Big Bet on Start-Ups
11. How Good an Investment Were Toyota’s (7203 JT) AA Shares?
12. Nissan (7201 JT): Nov Rogue Sales +20% MoM

Auto Parts / Machinery

13. Nissan Restructuring: Consequences for Suppliers
14. Keyence (6861 JT) Hits an All-Time High

Telecom

15. SoftBank Group (9984 JT) Has Another Investment Winner in Tokopedia

Internet / eCommerce

16. GA Technologies’ (3491 JT) FY20 Results
17. Enigmo’s FY20 Q3 Results

Enterprise Software

18. Cybozu (4776 JT) Holds One of Japan’s Only Physical Conferences Despite Covid-19
19. A Quick Look at Yappli’s Upcoming IPO
20. Stamen (4019 JT) Sees Profit-Taking Just a Day after Stellar IPO
21. Medley Inc (4480 JT) Acquires Majority Stake in EMR System Developer
22. Jig-Saw (3914 JT) in InfluxData Tie-Up

Pharma

23. Japan’s Covid Cases
24. SanBio’s (4592 JT) SB-623 Delayed
25. Chugai Pharma’s (4519 JT) Edirol Approved in China

Miscellaneous

26. Hope Inc (6195 JT) Revises Up
27. Other Moves & News That Caught Our Eye

Macro

28. Tankan Better Than Expected / PMI Disappointed / Grim CPI
29. Solid Chinese Data for November
30. Shanghai Shipping Rates Continue to Soar

PSA Company Visits, Tours and Interviews

• Conference Calls with: Ohara Inc (5218 JT), Toyota Industries (6201 JT), KHI (7012 JT)

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