The Must Read PSA Weekly Research Round-up (week to 02 Oct)

REPORTS: Japan stock market strategy / NTT to buy out NTT Docomo minorities – winners from the deal / What sales/employee metrics can tell us About Japan’s SaaS and IT service companies / Subaru (7270 JT) – key to success is North America / INDUSTRY INSIGHTS: August global auto production numbers shows large variance among brands and regions / Sep 2020 auto sales improve / MARKET / MACRO: Any readthrough from the Tankan? / Job offers : applicants remains above 1.0 / Plus additional COMPANY INSIGHTS

The Weekly Comment by Pelham Smithers

Pelham Smithers contextualises the next important phase in gaming as he looks ahead to the PS6. Comparing streaming and console games will be like comparing cinema and TV. The best cinema should be seen in cinema and the best TV should be seen on TV.
When it comes out, the PS6 should be the best way to play ultra-high-end games. Pelham guides us through the specs.

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

1. Japan Stock Market Strategy
2. NTT to Buy Out NTT Docomo Minorities
3. What Sales/Employee Metrics Can Tell Us About Japan’s SaaS and IT Service Companies
4. Subaru (7270 JT): Key to Success is North America

Company / Sector / Thematic Comments at a Glance

Technology: Consumer Electronics, Gaming

1. Bandai Namco (7832 JT) Celebrates the 5th Anniversary of Idols Masters Cinderella Girls Starlight Stage
2. Sony (6758 JT): Questions Continue on PS5 Costs

Technology: Industrial Electronics and Electronic Components

3. Nidec (6594 JT) Gets its First US Battery Order
4. Market Seeks Hi-End iPhone Component Suppliers

Technology: Semiconductor Production Equipment & Precision

5. Kioxia IPO Delayed – Read Across to SPE Plays

Chemicals / Materials

6. Sumitomo Chemical’s (4005 JT) Debt Exposure to Petro Rabigh

Autos

7. Aug Global Auto Production Shows Large Variances Among Brands and Regions
8. Sep 2020 US Auto Sales Growth Positive

Auto Parts / Machinery

9. Daikin (6367 JT) to Raise OP Guidance to Consensus Level Says Nikkei

Telecom

10. NTT to Buy Out NTT Docomo Minorities for ¥3,900/shr
11. The Winners from an NTT / Docomo Deal? NEC (6701 JT) and Sony (6758 JT)
12. Rakuten (4755 JT) Introduces its 5G Service

Internet / eCommerce

11
13. BASE Inc: The Number of Online Shops Tops 1.2mil / Launches Base Partners
14. GA Technologies (8898 JT) Partners with Century 21 (8898 JT)

Enterprise Software

15. Another Solid Month for Cybozu (4776 JT)
16. IIJ (3774 JT) and TIS (3626 JT) Unit Intec Launch a Cloud Exchange Service for Microsoft Teams
17. TIS Inc (3626 JT) – an ERP-Play Laggard

Miscellaneous

18. Moves and News that Caught Our Eye

Macro

19. Any Readthrough from the Tankan?
20. Job Data Remains Above 1.0

PSA Company Visits, Tours and Interviews

• Interviewed / Conference Call with: Bridgestone (5108 JT)

PSA in the Press

• Pelham Smithers discusses the gaming market and the move by Amazon to stream games. https://citytelegraph.com/business/768/amazon-launches-a-game-streaming-service/ 

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