Pelham Smithers Associates Ltd - PSA Today 20 Feb: Lower on oil, war fears / Japans CPI / Sega Sammys game debuts at No.1 in Japan, No.6 in UK / Interest in Union Tool continues / Fuji Electric nears ATH / Questioning Toyota and Subarus US EV strategy – Nikkei 225 -1.

Report

Pelham Smithers Associates Ltd

Joel Scheiman ...

Julie Boote
Nicky Karanasou-Demertzi
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 20 Feb: Lower on oil, war fears / Japan's CPI / Sega Sammy's game debut's at No.1 in Japan, No.6 in UK / Interest in Union Tool continues / Fuji Electric nears ATH / Questioning Toyota and Subaru's US EV strategy – Nikkei 225 -1.

PSA Today Japan Market Comment by Pelham Smithers, Joel Scheiman, Julie Boote, Nicky Karanasou-Demertzi, William Nestuk and Thao Nguyen
Tags: Toyota Motor (7203 JT), Isuzu Motors (7202 JT), Hino Motors (7205 JT), Rigaku Electronics (268A JT), Meiko Electronics (6787 JT), Mitsui Kinzoku (5706 JT), Japan Electronic Materials (6855 JT), Union Tool (6278 JT), Nitto Boseki (3110 JT), Resonac (4004 JT), Sumitomo Electric Industries (5802 JT), Unitika (3103 JT), Towa Corp (6315 JT), Kokusai Electric (6525 JT), Nippon Reitec (1938 JT), Sanki Engineering (1961 JT), Eiken Chemical (4549 JT), Sony (6758 JT), Money Forward (3994 JT), Appier (4180 JT), Rakus 3923 JT), Smaregi (4431 JT), Sega Sammy (6460 JT), Square Enix (9684 JT) NetEase (NTES US), Asahi Kasei (3407 JT), Guangdong DTech (301377 CH), Topoint Technology (8021 TT), Kyocera (6971 JT), Fuji Electric (6504 JT), NEC (6701 JT), Fujitsu (6702 JT), Anthropic (pvt), Infineon Technologies (IFX GY), Sumitomo Pharma (4506 JT), Cuorips (4894 JT), Sumitomo Chemical (4005 JT), Subaru (7270 JT)
Main Points
 Japan shares end yo-yo week lower as oil, war fears rise
 Japan CPI growth slows faster than expected
 Sega Sammy’s Yakuza Kiwami 3 debuts at No. 1 in Japan charts, No. 6 in UK
 Union Tool continues to see buying interest on diamond-coated routers
 Fuji Electric near listing high
 Why do Toyota and Subaru launch new EV models in the US?
 Sumitomo Pharma sold down after iPS panel endorsement

20/02/2026 1 EN

Provider

Pelham Smithers Associates Ltd

Founded in 2009, Pelham Smithers Associates (PSA) provides market intelligence on Asian technology, focusing in particular on Japan. The industries covered by our team of specialists are: consumer electronics, telecomms, pharmaceuticals, internet, electronic parts and materials, automotive technology, retail and capital goods.

PSA produces both company and sector reports. The focus of PSA’s research is to identify winners and losers as new technologies impact the top and bottom lines of corporations. Critical to our research is the clear explanation of how these new technologies work and how they impact companies and industries.

The founding partners have worked closely together for twenty years and the team has more than doubled in size since 2012.

See profile

Analysts

Joel Scheiman

Julie Boote

Nicky Karanasou-Demertzi

Pelham Smithers

Thao Nguyen

William Nestuk

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PSA Today 20 Feb: Lower on oil, war fears / Japan's CPI / Sega Sammy's game debut's at No.1 in Japan, No.6 in UK / Interest in Union Tool continues / Fuji Electric nears ATH / Questioning Toyota and Subaru's US EV strategy – Nikkei 225 -1.

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PSA Today 27 Feb: Record highs /Small improvements in eco data / Rapidus to get govt funding / Great launch data for Resident Evil Requiem /Nabtesco hits our TP / DeNA buyback, Nintendo sale / Park24's Q1 – Nikkei 225 +0.16% | ¥$155.88

PSA Autos / New Mobility: Japanese Automakers – Earnings Recovery in FY26, but Not an Easy Ride

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