The Must Read PSA Weekly Research Round-up (week to 22 Feb)
REPORTS: Nintendo (7974 JT) / IT Service Providers Results Review / INDUSTRY INSIGHTS: “Value” opportunities in the Japanese IC / SPE space / MISCELLANEOUS, MARKET & MACRO: Nikkei 225 closes about 1989 high – at last / Foreigners net buyers / COMPANY INSIGHTS & NEWS: Sony Pictures: Life after Madame Web / Why there will be no in-house titles from Sony in FY24 / Nintendo Switch 2 delayed? / SoftBank Group eyeing US$100bil AI chip move / Positive reaction to Resonac’s plans continues / Mazda opens new innovation hub / Fujikura continues to set new listing highs / Nabtesco aims for 10% OPM in FY26
The Weekly Comment by Pelham Smithers
Despite the yen steadily weakening against both the dollar and euro over past three years, Japan’s exports haven’t really taken off. However, the latest trade data suggests that this is finally happening. Pelham Smithers discusses the importance of Japan’s belated export boom.
Reports / Flash Notes Published This Week: Headlines at a Glance
1. Nintendo (7974 JT) Switch 2 Delay: Implications for FY24 and Beyond
2. Japan IT Service Providers: Review of Recent Earnings and Outlook
Company / Sector / Thematic Comments at a Glance
Technology: Consumer Electronics, Gaming
1. Nintendo Switch 2 Delayed?
2. Sony Pictures: Life After Madame Web
3. Why There Will Be No In-House PS5 Games from Sony in FY24
Technology: Industrial Electronics / Components / Semis & SPE / Precision
4. SoftBank Group Eyeing US$100bil AI Chip Move
5. “Value” Opportunities in the Japanese IC / SPE Space
6. Other Tech-Related News & Moves That Caught Our Eye
Chemicals / Materials
7. Positive Reaction to Resonac’s Plans Continues
Autos
8. Mazda Opens New Innovation Hub
9. Other Auto-Related News & Moves That Caught Our Eye
Auto Parts / Machinery
10. Fujikura Continues to Set New Listing Highs
11. Nabtesco Aims for 10% OPM in FY26
12. Other Auto Part / Machinery News & Moves That Caught Our Eye
Pharma
13. Pharma News & Moves That Caught Our Eye
Miscellaneous / Market / Strategy / Macro
14. Nikkei 225 Closes Above 1989 High (At Last)
15. Surprising Fall in Japan PMI
16. Other News & Moves That Caught Our Eye
PSA Company Visits, Tours and Interviews
Visited: Shin-Etsu Chemical (4063 JT), JSR (4185 JT), Daikin (6367 JT)
Conference Calls with: Nabtesco (6268 JT)
Presentations at: Okura Industrial (4221 JT)
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