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

REPORT: Nabtesco (6268 JT) / MARKET / MACRO: / Covid / lockdown / WFH stars in Mothers index / INDUSTRY INSIGHTS: Channel checks suggest new iPhone production is high-end oriented / Amazon enters the video game streaming market / COMPANY INSIGHTS: Readthrough from the Microsoft / Bethesda Deal / Can Capcom release a Monster Hunter and a Resident Evil title every year? / Plus additional COMPANY INSIGHTS

The Weekly Comment by Lindsay Whipp

In Part 2 of our analysis of the SaaS sector using sales/employee metrics, Lindsay Whipp continues her analysis of the productivity of the IT Service sector. We discover what sales and OP may look like for companies such as Nomura Research Institute and TIS as corporate Japan shifts to cloud-based platforms for its software.

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

1. Nabtesco (6268 JT): Q4 FY20 Robot Gear Pick-Up Possible

Company / Sector / Thematic Comments at a Glance

Technology: Consumer Electronics, Gaming

1. Channel Checks Suggest New iPhone Production is High-end Orientated
2. Readthrough from the Microsoft / Bethesda Deal
3. Can Capcom (9697 JT) Release a Monster Hunter and a Resident Evil Title Every Year?
4. Amazon Enters the Video Game Streaming Market
5. Panasonic’s (6752 JT) Tesla (TSLA US) Problem

Technology: Industrial Electronics and Electronic Components

6. Mitsubishi UFJ Lease / Hitachi Capital Merger Further Evidence of Hitachi (6501 JT) Restructuring

Chemicals / Materials

7. Nitto Denko (6988 JT) Highlights Optronics and Life Sciences

Autos

8. More Good News for Toyota (7203 JT) in China
9. Bridgestone (5108 JT) Plant Closure in France Being Challenged

Internet / eCommerce

10. CyberAgent’s (4751 JT) ABEMA Tops the Overall Grossing Charts
11. International Offering from Base Inc (4477 JT)
12. Changes in Top Management at Mercari (4385 JT)

Enterprise Software

13. NTT Data’s (9613 JT) Suga Rush: Will the New PM Walk the Talk?

Pharma

14. Pharma Moves and News

Market / Strategy

15. Digital Agency Plays in Mothers Index

PSA Company Visits, Tours and Interviews

• Participated in presentation by: Nitto Denko (6988 JT)
• Interviewed / Conference Call with: Minebea-Mitsumi (6479 JT), Nabtesco (6268 JT), Toyota Ind (6201 JT), SMC (6273 JT), Trend Micro (4704 JT)

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