The Must Read PSA Weekly Research Round-up (week to 23 Dec)
REPORTS: Kuroda shifts monetary policy / INDUSTRY INSIGHTS: Mobile game revenue decline abates again / Machinery order backlog surges in October / Machinery demand in Japan firm overall but auto-related delayed / Video game console sales +24% YoY in week to 3 December / A miserable start to Christmas week for Japanese SaaS / Memory chip prices likely to have fallen 50% in 2022 / MISCELLANEOUS, MARKET & MACRO: Kuroda shifts monetary policy / Japan Nov CPI data / COMPANY INSIGHTS, NEWS, PREVIEWS & RESULT: Shin-Etsu and Kuraray update key businesses / GS Yuasa to hike after-mkt battery prices by 15%+ in Japan from 1 Feb / Ricoh to acquire stake in Cybozu / Inflationary pressures evident in Nissan’s unapologetic EV price hikes / Tokai Carbon and Showa Denko to grow super-size electrodes /LINE/Yahoo!JAPAN/PayPay Mileage to be launched in spring / JSR shares may be oversold / Fanuc resilient at ¥20,000 support / Enechange invests in Canadian carbon capture firm
The Weekly Comment by Pelham Smithers
An important debate has emerged as to whether the Bank of Japan has changed monetary policy this week
Reports / Flash Notes Published This Week: Headlines at a Glance
1. Kuroda Shifts Monetary Policy
Company / Sector / Thematic Comments at a Glance
Technology: Consumer Electronics, Gaming
1. Mobile Game Revenue Decline Lessens Again
2. Video Game Console Sales +24% YoY in Week to 3 December
Technology: Industrial Electronics / Components / Semis & SPE / Precision
3. Memory Chip Prices Likely to Have Fallen 50% in 2022
4. Other Tech-Related News & Moves That Caught Our Eye
Chemicals / Materials
5. Shin-Etsu and Kuraray Update Key Businesses
6. Tokai Carbon and Showa Denko to Grow Super-Size Electrodes
7. JSR Shares May be Oversold
Autos
8. Inflationary pressures evident in Nissan’s unapologetic EV price hikes
9. Other Autos-Related News & Moves That Caught Our Eye
Auto Parts / Machinery
10. Machinery Demand in Japan Firm Overall But Auto-Related Delayed
11. GS Yuasa Finally Hikes After-Mkt Battery Prices 15%+ in Japan from 1 Feb
12. Fanuc Resilient at ¥20,000 Support
13. Machinery Order Backlog Surges in October
Internet / eCommerce
14. LINE/Yahoo!JAPAN/PayPay Mileage to be Launched in Spring
15. Other Internet / eCommerce-Related News & Moves That Caught Our Eye
Enterprise Software / IT Services
16. A Miserable Start to Christmas Week for Japanese SaaS
17. Ricoh to Acquire Stake in Cybozu
18. Enechange Invests in Canadian Carbon Capture Firm
19. Other Enterprise Software / IT Services News & Moves That Caught Our Eye
Pharma
20. Other Pharma News & Moves That Caught Our Eye
Miscellaneous
21. Other News & Moves That Caught Our Eye
Market / Strategy / Macro
22. Kuroda Shifts Monetary Policy
23. Japan Nov CPI Data Due Out on 22 Dec
24. Other News & Moves That Caught Our Eye
PSA Company Visits, Tours and Interviews
• Presentations at: Shin-Etsu Chemical (4603 JT), Kuraray (3405 JT)
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