The Must Read PSA Weekly Research Round-up (week to 26 June)

REPORTS: Base Inc (4477 JT) / INDUSTRY INSIGHTS: Video game stock strategy for H2 2020 / 5G, the post-Covid “dog that hasn’t barked” – yet / Opportunities in enterprise solutions / Japan’s cashless penetration rate reaches 26.8% / More partnerships in autonomous drive space / China adjusts NEV rules / Plus additional COMPANY INSIGHTS

The Weekly Comment by Pelham Smithers

After a fortnight’s macro data famine, every day of next week will deliver important clues about the state of Japan’s economy, explains Pelham Smithers

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

1. Base Inc (4477 JT): An Introduction

Company / Sector / Thematic Comments at a Glance

Technology: Consumer Electronics, Gaming

1. Video Game Stock Strategy for H2 2020
2. Nintendo (7974 JT) to Wind Down Mobile Offering? / Key News from AGM
3. Nexon (3659 JT) / Wonder Holdings Deal

Technology: Industrial Electronics and Electronic Components

4. 5G, The Post-Covid “Dog that Hasn’t Barked” (Yet)
5. NTT (9432 JT) to Acquire 5% of NEC (6701 JT) in Next Generation Telco Move
6. Fujitsu (6702 JT) Hits a 52-Week High
7. Toshiba (6502 JT) to Exit Risk Businesses?

Technology: Semiconductor Production Equipment & Precision

8. Olympus (7733 JT) Exits Camera Business
9. Marubun (7537 JT) Brings Ossia Inc’s New Wireless Power Technology In-house.

Chemicals / Materials

10. Material Beneficiaries if TSMC (2330 TT) Makes Apple (AAPL US) Chips
11. Sumitomo Dainippon Pharma (4506 JT) / Sumitomo Chem (4005 JT) Relationship


12. China Adjusts NEV Rules
13. More Partnerships in the Autonomous Drive Space
14. Will Honda’s (7267 JT) R&D Reforms Succeed?

Auto Parts / Machinery

15. Denso (6902 JT) to Benefit from China’s Preferential Treatment of Hybrids
16. RAV4 to See Boosted Production
17. Daikin (6367 JT) Rises to New Listing High


18. ARM China’s Wu Was Fired for Setting Up Rival Fund

Internet / eCommerce

19. Japan’s Cashless Penetration Rate Hits 26.8%
20. GA Technologies (3491 JT) to Provide Subscription-Type Online Training
21. GungHo (3765 JT): Another Quarter of Earnings Decline
22. Demae-can (2484 JT): Another Quarterly Loss; FY20 Guidance Remains Undecided
23. Z Holdings’ (4689 JT) subsidiary Yahoo Japan’s Anti-Covid Measures

Enterprise Software

24. Opportunities in Enterprise Solutions
25. Cybozu (4776 JT) OP Sails Past Bottom End of FY20 Full-Year Guidance in 5 Months
26. Oracle Japan (4716 JT) Posts Strong FY19 Sales and EPS
27. ERP Software Moves That Caught Our Eye


28. Shionogi’s (4507 JT) Covid Testing Kits
29. Sosei Group (4565 JT) Does a Deal with Abbvie (ABBV US)


30. Oriental Land (4661 JT) to Open Tokyo Disneyland

PSA Company Visits, Tours and Interviews

• Interviewed / Conference Call with: Zeon Corp (4205 JT), Kaneka (4118 JT)
• Attended a presentation by: Toshiba (6502 JT)

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