The Must Read PSA Weekly Research Round-up (week to 02 Jun)
REPORTS: Advantest (6857 JT) / Mid-Sized ERP Companies / Cover Corp (5253 JT) Initiation / INDUSTRY INSIGHTS: Chip stocks start to suffer altitude sickness / Signs of improvement for electronic components industry / Japan software spend continues to grow at +20% YoY rate / Video game industry news round-up / US auto sales surge on low base of comparison / MISCELLANEOUS, MARKET & MACRO: Japan’s poor April retail sales and industrial production data / Foreign buying of Japanese shares continues / COMPANY INSIGHTS, NEWS, PREVIEWS & RESULTS: Might Sony enjoy record profits in FY23? / Latest Famitsu chart makes worrying reading for Sony / Spider-man: Across the Spider-Verse releases today / Canon develops perovskite Q-Dot inks / Hino / Mitsubishi Fuso merger sends shares higher / Toyota increases EV battery investment in USA / Yaskawa’s gives details of the new 3-year plan Realize 25 / Daikin surprises with Fusion 25 OP guidance
The Weekly Comment by Pelham Smithers
With the advent of Nvidia’s Grace CPU and Hopper DPU, Pelham Smithers traces the influence on computing of Rear Admiral Grace Hopper, US military officer and scientific genius.
Reports / Flash Notes Published This Week: Headlines at a Glance
1. Advantest (6857) – The AI Chip Testing Problem
2. Japan Mid-Sized Enterprise Software – The Great Sell-Off: (A Story in Charts)
3. Cover Corp (5253 JT) Initiation – a Comparison with Any Color (5032 JT)
Company / Sector / Thematic Comments at a Glance
Technology: Consumer Electronics, Gaming
1. Latest Famitsu Chart Makes Worrying Reading for Sony
2. Video Game Industry News Round-up
3. Might Sony (6758 JT) Enjoy Record Profits in FY23?
4. Spider-man: Across the Spider-Verse Releases Today 2 June
5. Other Consumer Elec / Gaming News & Moves That Caught Our Eye
Technology: Industrial Electronics / Components / Semis & SPE / Precision
6. Chip Stocks Start to Suffer Altitude Sickness
7. Signs of Improvement for the Electronics Components Industry
8. Canon (7751 JT) Develops Perovskite Q-Dot Inks
9. Other Tech-Related News & Moves That Caught Our Eye
Autos
10. US Auto Sales Surge on Low Base of Comparison
11. Hino (7205 JT) and Mitsubishi Fuso to Merge
12. Toyota (7203 JT) Increases Battery Investment in the US
13. Other Auto-Related News & Moves That Caught Our Eye
Auto Parts / Machinery
14. Yaskawa (6506 JT) Near Record High Ahead of its 1 June IR Day
15. Daikin’s (6367 JT) Aggressive OP Target in its Fusion25 Plan
Internet / eCommerce
16. GA Technology (3491 JT) Hits One-Month High on Hopes of Seeing More Real Estate Investment
17. Other Internet / eCommerce News & Moves That Caught Our Eye
Enterprise Software / IT Services
18. ExaWizards (4259 JT) Forms Business Alliance with NS Solutions (2327 JT)
19. Cybozu (4776 JT) Still Producing Unexciting Monthly Sales Growth
20. Other ERP Software / IT Services News & Moves That Caught Our Eye
Telecom
21. SoftBank Corp’s (9434 JT) AI Data Centres: Expensive Gamble, or Masterstroke?
22. Other Telecom News & Moves That Caught Our Eye
Miscellaneous / Market / Strategy / Macro
23. Foreign Buying of Japanese Shares Continues
24. Poor Retail Sales and Industrial Production Data for April
25. Japan Software Spend Continues to Grow at +20% YoY Rate
26. Other News & Moves That Caught Our Eye
PSA Company Visits, Tours and Interviews
Visited: Shin-Etsu Chemical (4063 JT), Fujifilm Holdings (4901 JT), TDK (6762 JT), UBE (4208 JT), Asahi Kasei (3407 JT), Tokyo Ohka Kogyo (4186 JT), Daifuku (6383 JT)
Presentations at: Nitto Denko (6988 JT), Mitsui Chemicals (4183 JT), Adeka (4401 JT), Ishihara Sangyo (4028 JT), Tokuyama (4043 JT), Mitsubishi UBE Cement (unlisted), Daikin Industries (6367 JT), Yaskawa Electric (6506 JT)
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