The Must Read PSA Weekly Research Round-up (week to 27 Nov)

REPORTS: BASE Inc (4477 JT) / Daikin (6367 JT) / INDUSTRY INSIGHTS
MLCCs and semiconductors: two sides of the same coin / Mixed outlook for US auto sales financing business / EV-plays sparking interest / Request for easier renewable energy regulations / COMPANY INSIGHTS: PS5 shortage continues / Nintendo taps Sharp for Switch production / New rice-milling game becoming a cult hit for Marvellous / Plus additional COMPANY INSIGHTS

The Weekly Comment by Pelham Smithers

Pelham Smithers is interested in what Pixta is doing to monetize its portfolio of photos, illustrations and footage on online platforms. With the advent of 5G, he will be following its new business strategy with interest.

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

1. BASE Inc (4477 JT) – Recent Weakness Presents an Opportunity
2. Daikin (6367 JT): OPM Acceleration and Double-Digit FY21 Growth

Company / Sector / Thematic Comments at a Glance

Technology: Consumer Electronics, Gaming

1. Sony’s (6758 JT) PS5s are Out of Stock
2. Nintendo (7974 JT) Taps Sharp (6753 JT) for Switch Production
3. New Rice Milling Game Becoming a Cult Hit for Marvellous (7844 JT)

Technology: Industrial Electronics and Electronic Components

4. MLCCs and Semiconductors – Two Sides of the Same Coin
5. EV Plays Sparking Interest
6. Request for Renewable Energy Regulations to be Eased
7. EV Play Diamond Electric (6699 JT)
8. Private 5G Networks and NEC’s (6701 JT) Open vRAN system

Technology: Semiconductor Production Equipment & Precision

9. Nikkei on Nikon (7731 JT)
10. Lead (6982 JT) Develops Auto-use Film

Technology: Bitcoin / Cryptocurrency and Blockchain

11. SBI Holdings (8473 JT) Rising on the XRP Tide

Chemicals / Materials

12. Mitsubishi Gas Chemical (4182 JT) Rises on Tight Substrate Markets
13. Toagosei (4045 JT) Soars on New Nanofiber Tech

Autos

14. Hyundai Motor (005380 KS) and Ineos Announce Hydrogen Deal – Implications for Toyota (7203 JT)
15. Mixed Outlook for US Auto Sales Financing Business

Internet / eCommerce

16. CyberAgent’s (4751 JT) ABEMA PPV Online Live Eligible for the Government’s “Go To Event”

Enterprise Software

17. Money Forward (3994 JT) Splits Stock
18. V-Cube (3681 JT) Joins NTT’s (9432 JT) Smart Factory Project
19. Fuji Soft (9749 JT) Acquires Blue Prism’s (PRSM LN) Silver Rating

Pharma

20. Aska Pharmaceutical’s (4514 JT) Relugolix Meets Phase III Endpoint for Endometriosis

PSA Company Visits, Tours and Interviews

• Visited: Fujifilm Holdings (4901 JT), Daifuku (6383 JT), Daikin (6367 JT), JBEC (unlisted), Diamond Electric (6699 JT)
• Conference call with: Murata (6981 JT), Mitsui Chemicals (4183 JT)
• Earnings call with: Kanto Denka (4047 JT)

PSA in the Press

• Pelham Smithers on the surge in gaming: https://www.visualcapitalist.com/50-years-gaming-history-revenue-stream/

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