The Must Read PSA Weekly Research Round-up (week to 14 Jan)

REPORTS: Money Forward (3994 JT) / Shift Inc (3697 JT) / INDUSTRY INSIGHTS: Production issues impact sales of consoles over holiday period / CY21 China auto sales +3.8% YoY / MISCELLANEOUS, MARKET & MACRO: Tokyo Stock Exchange new section designations / Are Japanese companies behind the curve on raising prices? / COMPANY INSIGHTS, NEWS, PREVIEWS & RESULTS: Sony to keep making PS4s through 2022 / Nintendo’s problem for 2022: deciding when to call “time” on the Switch / Yaskawa’s FY21 Q3 results: modest on component shortage / Eisai follows BIIB lower / CyberAgent acquires content studio BABEL LABEL

The Weekly Comment by Pelham Smithers

Having operated in a zero-inflation environment for twenty years, Japanese companies are starting to raise prices. Pelham Smithers comments.

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

1. Money Forward (3994 JT) FY21 Q4 Preview
2. Shift Inc (3697 JT) FY22 Q1 Preview

Company / Sector / Thematic Comments at a Glance

Technology: Consumer Electronics, Gaming

1. Sony (6758 JT) to Keep Making PS4s Through 2022
2. Nintendo’s (7974 JT) Problem for 2022: Deciding When to Call “Time” on the Switch
3. Production Issues Impact Sales of Consoles Over Holiday Period

Technology: Industrial Electronics / Components / Semis & SPE / Precision

4. Other Tech-Related News & Moves That Caught Our Eye


5. China Auto Sales Increase in 2021

Auto Parts / Machinery

6. Yaskawa (6506 JT): FY21 Q3 Results: Modest on Component Shortage

Internet / eCommerce

7. CyberAgent (4751 JT) Acquires Content Studio BABEL LABEL
8. Demae-can’s (2484 JT) FY22 Q1 Operating Loss Widened by ¥5.7 YoY
9. Other Internet / eCommerce-related News & Moves that Caught Our Eye

Enterprise Software

10. Money Forward (3994 JT) FY21 Q4 Preview
11. Shift Inc (3697 JT) FY22 Q1 Preview
12. Sansan (4443 JT) FY21 Q2 Results: Contact Management ARPA Grinds to Halt


13. Eisai (4523 JT) Follows Biogen (BIIB US) Lower


14. Other News & Moves That Caught Our Eye

Macro / Market / Strategy

15. Are Japanese Companies Behind the Curve on Raising Prices?
16. New Sections of the Tokyo Stock Exchange

PSA Company Visits, Tours and Interviews

• Conference Calls with: ExaWizards (4259 JT) Q&A with Cybozu (4776 JT), Yaskawa (6506 JT)
• Presentations at: Sansan (4443 JT), Money Forward (3994 JT), Shift Inc (3697 JT), Tosoh (4042 JT)

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