The Must Read PSA Weekly Research Round-up (week to 12 Mar)

REPORTS: Square Enix (9684 JT) at a crossroads / Nippon Steel (5401 JT), steelmaking, and the potential for a hydrogen-based solution / INDUSTRY INSIGHTS: Is SOX being sold off on valuations, outlook, or “a bit of both”? / Do electric mini cars make sense? / MACRO: Feb bank lending / Revised Q4 2020 GDP / Labour cash earnings / Feb PPI / Plus COMPANY INSIGHTS

The Weekly Comment by Pelham Smithers

Pelham Smithers explains why Rakuten has taken over the mantle as Japan’s premier “Marmite” stock from SoftBank Group.

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

1. Square Enix (9684 JT) At a Crossroads
2. Nippon Steel (5401 JT), Steelmaking and the Potential for a Hydrogen-Based Solution

Company / Sector / Thematic Comments at a Glance

Technology: Consumer Electronics, Gaming

1. US Administration Tightens Up on Huawei Export Rules
2. Can Animé Turn Round Sony’s (6758 JT) Music Fortunes as Well as Sony Music?
3. Sony (6758 JT), Nintendo (7974 JT) Succumb to Declines in Nasdaq
4. Nexon (3659 JT): Plenty of Action Ahead at Upcoming Events

Technology: Industrial Electronics and Electronic Components

5. Will Murata Lose Dollar Content in the iPhone 13 Vs the iPhone 12?

Technology: Semiconductors / SPE & Precision

6. Is SOX Being Sold Off on Valuations, Outlook or “A Bit of Both”?
7. Tamron’s (7740 JT) Interchangeable Lens is More Popular than Canon’s (7751 JT)

Technology Developments

8. Nippon Steel (5401 JT) Goes Green, Does Tech

Chemicals / Materials

9. Shin-Etsu Chem (4063 JT) Benefiting from Strong PVC Markets
10. Ube (4208 JT JT): Hydrogen-Play

Autos

11. Honda’s (7267 JT) AD Efforts
12. Do Electric Mini Cars Make Sense?
13. Toyota (7203 JT) Warns Apple (AAPL US) about Business Model

Auto Parts / Machinery

14. Toyota Industries (6201 JT) Hits Record Listing High

Telecom

15. Introducing KDDI’s (9433 JT) Mixed Reality Product – Coh

Internet / eCommerce

16. CyberAgent (4751 JT) In the Spotlight
17. Other Moves and News That Caught Our Eye

Enterprise Software

18. NTT Data (9613 JT) Investigates Alleged Involvement in Government Wining and Dining Scandal

Pharma

19. More Competition for Fujifilm’s (4901 JT) Avigan

Miscellaneous

20. CO2 Alternative Theme Moves to NH3
21. Moves and News That Caught Our Eye

Macro

22. Data Released This Week

PSA Company Visits, Tours and Interviews

• Visited: Shin-Etsu Chemical (4063 JT), JBEC (unlisted), Diamond Electric (6699 JT)
• Conference Calls with: Konica Minolta (4902 JT), Ohara Inc. (5218 JT), Ichikoh (7244 JT)

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