The Must Read PSA Weekly Research Round-up (week to 25 Mar)

REPORTS: Global Semiconductor Industry: Time for Closer Inspection / SPE, IC or Supply Chain Names: Where Next for the Semiconductor Sector? / ExaWizards (4259 JT) / GA Technologies (3491 JT) / INDUSTRY INSIGHTS: Solid state batteries? Long live lithium-ion batteries! / MISCELLANEOUS, MARKET & MACRO: Jibun Bank Japan March PMI / COMPANY INSIGHTS, NEWS, PREVIEWS & RESULTS: Nvidia unveils Grace CPU superchip / Is it time to break up Toshiba? / More acquisitions for Sony / GT7 pricing backlash / Yen weakness; Shin-Etsu and TDK / Suzuki steps up electrification efforts in India / Toyota announces ¥bil buy back / Hino releases details on emission data investigation /Fanuc 1.3% buyback elicits little response

The Weekly Comment by Pelham Smithers

The latest PMI numbers offer the first evidence that corporate Japan is unfazed by events in Ukraine, explains Pelham Smithers.

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

1. Global Semiconductor Industry – Time for a Closer Inspection
2. SPE, IC or Supply Chain Names – Where Next for the Semiconductor Sector?
3. ExaWizards (4259 JT) – Is the Market Missing the Magic?
4. GA Technologies (3491 JT) – The Recovery Still Has Legs

Company / Sector / Thematic Comments at a Glance

Technology: Consumer Electronics, Gaming

1. Sony (6758 JT) Continues its Spending Spree, Acquires Haven Studios
2. Sony in Gran Turismo 7 Pricing Backlash
3. Other Gaming-Related News & Moves That Caught Our Eye

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

4. Nvidia (NVDA US) Unveils Grace CPU Superchip
5. SPE, IC or Supply Chain Names: Where Next for the Semiconductor Sector?
6. Is It Time to Break Up Toshiba (6502 JT)?
7. Other Tech-Related News & Moves That Caught Our Eye

Chemicals / Materials

8. Shin-Etsu (4063 JT) / TDK (6762 JT): Weak Yen Beneficiaries

Autos

9. Suzuki (7269 JT) Steps up Electrification Efforts in India
10. Toyota (7203 JT) Announces ¥100bil Buy Back
11. Hino (7205 JT) Releases Details on Emission Data Investigation
12. Solid State Batteries? Long Live Lithium-ion Batteries!

Auto Parts / Machinery

13. Fanuc’s (6954 JT) 1.3% Buyback Elicits Little Response
14. Ferrotec (6890 JT) Facing Resistance Below ¥3,000

Internet / eCommerce

15. GA Technologies (3491 JT) Breaks Through ¥1,000

Enterprise Software

16. Cybozu (4776 JT) Feb Sales +20.5% YoY
17. Oracle Corp Japan (4716 JT) Positioned Well to Meet / Exceed EPS Guidance
18. ExaWizards (4259 JT) Gains Client in Sapporo Holdings

Pharma

19. Shionogi’s (4507 JT) Covid Pill

Miscellaneous

20. Other News & Moves That Caught Our Eye

Market / Strategy / Macro

21. Jibun Bank Japan March PMI

PSA Company Visits, Tours and Interviews

• Conference Calls with: PKSHA (3993 JT)
• Presentations at: Showa Denko (4004 JT), Nippon Shokubai (4114 JT)

PSA in the Press

We produced our own YouTube video on understanding BALL SAW technology: https://bit.ly/3tDFeLG
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