The Must Read PSA Weekly Research Round-up (week to DD MMM)

REPORTS: NEC (6701 JT) / Fintech in Japan / Toyota Industries (6201 JT) / INDUSTRY INSIGHTS: Outlook for IoT / smart sensor / LoRaWAN markets / Shipping rates vs shipper’s forecasts / MACRO: Supermarket sales strong in April / Company INSIGHTS: Sony’s IR day(s) feedback / Eyeing 23mil PS5 console unit sales in FY22 / Film business in question again following Amazon / MGM merger / Sony’s camera tech to be used in KHI’s industrial robots / Nintendo, the chip shortage and Switch sales / IIJ & the power of compound interest / Plus additional COMPANY INSIGHTS

The Weekly Comment by Pelham Smithers

Why do video games usually make such bad movies? Alone in the Dark, below, has a 1% rating on Rotten Tomatoes. Pelham Smithers investigates.

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

1. NEC (6701 JT): FY21 – a Pivotal Year for DX Strategy
2. Fintech in Japan
3. Toyota Industries (6201 JT)

Company / Sector / Thematic Comments at a Glance

Technology: Consumer Electronics, Gaming

1. Sony’s (6758 JT) IR Day(s): Sets the Temperature for the Coming Years
2. Sony’s Film Business Future Questioned Again Following Amazon / MGM Merger
3. Sony Eyeing 23mil PS5 Console Sales in FY22
4. Nintendo (7974 JT): Switch Production, Chip Shortages and Forecasts
5. Square Enix (9684 JT): Dragon Quest’s 35th Anniversary
6. KHI’s (7012 JT) Industrial Robots to Use Sony’s (6758 JT) Camera Technology
7. Casio (6952 JT): Should it be Back on the Watch List?
8. Sharp (6753 JT) to Buy Onkyo Home Entertainment (6628 JT)

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

9. Intel’s (INTC US) Alder Lake Design is a Positive for Shinko (6967 JT) and Ibiden (4062 JT)
10. IoT / Smart Sensor / LoRaWAN Market Outlook: Readacross to Murata (6981 JT)
11. TDK’s (6762 JT) Possibly Optimistic Future Vision
12. Other Tech Moves & News That Caught Our Eye

Chemicals / Materials

13. Shin-Etsu’s (4063 JT) PVC – from Strength to Strength
14. Kaneka’s (4118 JT) Ambitious FY21~FY22 Targets
15. Sanyo Chemical (4471 JT): Brief Buzz on its LiB; Contrast with Asahi Kasei (3407 JT)


16. Toyota (7203 JT) Pilots a Green-Points System with Customers in California
Auto Parts / Machinery
17. Denso (6902 JT): Investor Meeting Enforces Recent Positive Image

Internet / eCommerce

18. IIJ (3774 JT) & The Power of Compound Interest
19. CyberAgent (4751 JT) Becomes Largest Shareholder of Avex (7860 JT)
20. Sales to China for Firms like Anap (3189 JT) Could Soar

Enterprise Software

21. Enechange (4169 JT) FY21 Sales Revised Up / Introduces Digital Payments
22. Cybozu’s (4776 JT) Investments Start to Hit OP


23. Eisai (4523 JT): Focus on 7 June PDUFA for Aducanumab


24. Shipping Rates vs Shipper’s Forecasts
25. Other Miscellaneous Moves and News That Caught Our Eye

Market / Strategy / Macro

26. Supermarket Sales Strong in April

PSA Company Visits, Tours and Interviews

• Visited: Shin-Etsu Chemical (4063 JT), Fujifilm Holdings (4901 JT), Dexerials (4980 JT), Toyota Ind (6201 JT). Daifuku (6383 JT)
• Presentations at: TDK (6762 JT), Asahi Kasei (3407 JT), Kaneka (4118 JT), Denso (6902 JT)

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