The Must Read PSA Weekly Research Round-up (week to 24 Nov)
REPORTS: IIJ (3774 JT) / INDUSTRY INSIGHTS: Japan’s auto Big 3 raise wages in USA / MISCELLANEOUS, MARKET & MACRO: Are we still at risk of BoJ interest rate policy error? / Japan CPI +3.3% YoY in October / COMPANY INSIGHTS, NEWS, PREVIEWS & RESULTS: Nintendo, Sony offering sizable Black Friday deals / Sony fails to avert PlayStation UK lawsuit / Konami’s train set game beats out Super Mario RPG in Japanese charts / Hitachi in 1,000 unit electric bus battery deal with UK’s Firstgroup / UBE Machinery – more than just gigapress / GS Yuasa raising funds to supply LiBs / Toyota specifies its solid state battery plans / Nissan to build two EV models in UK
The Weekly Comment by Lindsay Whipp
Brazil’s Pix is the fastest adopted payment system globally. Its Nov 2020 launch was nothing short of revolutionary, practically making cash a thing of the past. By contrast, Japan’s road to a cashless society has been more winding.
Lindsay Whipp contrasts the two governments’ top-down strategies for promoting digital payment.
Reports / Flash Notes Published This Week: Headlines at a Glance
1. IIJ (3774 JT) – Go Big or Go Big & Small
Company / Sector / Thematic Comments at a Glance
Technology: Consumer Electronics, Gaming
1. Nintendo (7974 JT) and Sony (6758 JT) Offering Sizable Black Friday Deals
2. Sony (6758 JT) Fails to Avert PlayStation UK Lawsuit
3. Konami’s (9766 JT) Train Set Game Beats Out Super Mario RPG in Japanese Charts
4. Other Consumer Elec / Gaming News & Moves That Caught Our Eye
Technology: Industrial Electronics / Components / Semis & SPE / Precision
5. Hitachi (6501 JT) in 1,000 Unit Electric Bus Battery Deal with UK’s Firstgroup
6. Other Tech-Related News & Moves That Caught Our Eye
Chemicals / Materials
7. UBE Machinery – More than Just Gigapress
8. GS Yuasa Raising Funds to Supply LiBs
9. Other Chemical / Material-Related News & Moves That Caught Our Eye
Autos
10. Japan’s Auto Big 3 Raise Wages in USA
11. Toyota Specifies its Solid-State Batteries Plans
12. Nissan (7201 JT) to Build Two EV Models in UK
13. Other Auto-Related News & Moves That Caught Our Eye
Auto Parts / Machinery
14. Komatsu to Face Even Higher R&D Costs for Electrification
15. Komatsu’s (6301 JT) Prospects
16. Kubota (6326 JT): Deere FY24 Guidance Negative
17. Daikin (6367 JT): A Broker Downgrade to “Hold”
18. Other Auto Part / Machinery News & Moves That Caught Our Eye
Internet / eCommerce
19. BASE Inc Partners with Square
20. Istyle Opens @cosme SHOPPING on Amazon.co.jp
21. Other Internet / eCommerce News & Moves That Caught Our Eye
Enterprise Software / IT Services
22. NTT Data (9613 JT) to Help Companies Utilise Microsoft’s Copilot AI Tool
Telecom
23. Other Telecom News & Moves That Caught Our Eye
Pharma
24. Other Pharma News & Moves That Caught Our Eye
Small- / Mid-Cap Insights
25. Kyoritsu Maintenance (9616 JT) Revises Up
Miscellaneous / Market / Strategy / Macro
26. Are We Still at Risk of BoJ Interest Rate Policy Error?
27. Japan CPI +3.3% YoY in October
28. Other News & Moves That Caught Our Eye
PSA Company Visits, Tours and Interviews
Conference Calls with: Email Q&A with IIJ (3774 JT) and Appier (4180 JT)
Presentations at: Sanyo Chemical (4471 JT), Mitsubishi UBE Cement (unl), Mitsui Mining & Smelting (5706 JT), Nippon Soda (4041 JT)
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