The Must Read PSA Weekly Research Round-up (week to 29 Sept)
REPORT: Japan Market Strategy for CY23 Q4 / Visional (4194 JT) / INDUSTRY INSIGHTS: Video games industry round-up / Japan and Canada cooperate in LiB supply chains / After golf and soccer, gaming / eSports is the new sporting focus in Saudi / MISCELLANEOUS, MARKET & MACRO: Does BoJ clarification mean Japan’s bond yields have risen enough? / Japan’s economy delivering “muddle through” numbers again / COMPANY INSIGHTS, NEWS, PREVIEWS & RESULTS: How bad is FY23 Q2 for Sony? / Coherent shares bounce on Japan investment report / Toyota to build 600,000 EVs in 2025 / Nissan plans EV offensive in Europe / What’s next for MMC? China exit and evolving alliance / Sumitomo Metal Mining invests in Canada’s Nano One / Komatsu down for 8-straight days
The Weekly Comment by Julie Boote
China is dominating the global EV market not only on the sales side, but also on the supply side, controlling large chunks of the supply chain. Motivated by political and economic concerns, the US and EU governments are using – or considering – protectionist measures to reduce their dependence on China and support domestic players. Analyst Julie Boote investigates what lies behind these interventionist measures and what the possible outcome could be for the auto industry.
Reports / Flash Notes Published This Week: Headlines at a Glance
1. Japan Market Strategy for CY23 Q4
2. Reassessing Visional (4194 JT)
Company / Sector / Thematic Comments at a Glance
Technology: Consumer Electronics, Gaming
1. Video Games Industry Round-Up
2. How Bad Will FY23 Q2 Be for Sony (6758 JT)?
3. After Golf & Soccer, Gaming / eSports is the New Saudi Sporting Focus
4. Other Consumer Elec / Gaming News & Moves That Caught Our Eye
Technology: Industrial Electronics / Components / Semis & SPE / Precision
5. Coherent (COHR US) Shares Bounce on Japan Investment Report
6. Other Tech-Related News & Moves That Caught Our Eye
Chemicals / Materials
7. Japan and Canada Cooperate in LiB Supply Chains
8. Sumitomo Metal Mining (5713 JT) Invests in Canada’s Nano One
Autos
9. Toyota (7203 JT) to Build 600,000 EVs in 2025
10. Nissan (7201 JT) Plans EV Offensive in Europe
11. What’s Next for MMC (7211 JT)? China Exit and Evolving Alliance
12. Other Auto-Related News & Moves That Caught Our Eye
Auto Parts / Machinery
13. Komatsu (6301 JT) Down Eight Straight Sessions
Internet / eCommerce
14. CyberAgent (4751 JT) Falls to a 52-Week Low
15. Other Internet / eCommerce News & Moves That Caught Our Eye
Enterprise Software / IT Services
16. Cybozu (4776 JT) Monthly Sales Continue to Slow
17. ExaWizards (4259 JT) Taps Mizuho T&B to Sell ChatGPT-Powered IR Assistant
18. Money Forward (3994 JT) Leads Series ‘A’ Funding Round for US Fintech Start-Up Mesh
19. Other ERP Software / IT Services News & Moves That Caught Our Eye
Pharma
20. Japan Approves Eisai’s (4523 JT) AD Drug Leqembi
21. Other Pharma News & Moves That Caught Our Eye
Miscellaneous / Market / Strategy / Macro
22. Does BoJ Clarification Mean Japan’s Bond Yields Have Risen Enough?
23. Japan’s Economy Delivering “Muddle Through” Numbers Again
24. Slew of Economic Data Out on Friday
25. Other News & Moves That Caught Our Eye
PSA Company Visits, Tours and Interviews
Visited: KHI (7012 JT), Fujikura (5803 JT), NOK (7240 JT), Komatsu (6301 JT), IHI (7013 JT)
Presentations at: Tokuyama Corp (4043 JT)
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