Pelham Smithers Associates Ltd - PSA Today 22 Nov: Stimulus / Macro subdued / Kioxia IPO / Mitsui Chem incentives / Nissan restructuring / Cablers, data centres / Koshidaka / Kyoritsu Maintenance – Nikkei 225 +0.68% | ¥$154.90

Report

Pelham Smithers Associates Ltd

Hiroyuki Terada ...

Joel Scheiman
Julie Boote
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 22 Nov: Stimulus / Macro subdued / Kioxia IPO / Mitsui Chem incentives / Nissan restructuring / Cablers, data centres / Koshidaka / Kyoritsu Maintenance – Nikkei 225 +0.68% | ¥$154.90

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, Thao Nguyen, William Nestuk and Hiroyuki Terada
Tags: Nvidia (NVDA US), Fujikura (5803 JT), Furukawa Electric (5801 JT), Resonac (4004 JT), Tokuyama (4043 JT), Kioxia (6600 JT), Recruit (6098 JT), Toho Titanium (5727 JT), Toyota Motor (7203 JT),Micron (MU US), SK Hynix (000660 KS), Mitsui Chemicals (4183 JT), Nissan Motor (7201 JT), Mitsubishi Motors (7211 JT), Renault (RNO FP), SWCC (5805 JT), Amazon (AMZN US), Koshidaka (2157 JT), Kyoritsu Maintenance (9616 JT)
Main Points
 Tokyo shares rise on stimulus package, but economic concerns continue to linger
 Economic data continues to be underwhelming
 Kioxia aims to IPO next month with valuation at ¥750bil
 Mitsui Chemicals: dual incentives
 Nissan starts restructuring process
 Cable makers up on data centre hopes
 Koshidaka SSS outlook
 Kyoritsu Maintenance meeting feedback

22/11/2024 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

Hiroyuki Terada

Joel Scheiman

Julie Boote

Pelham Smithers

Thao Nguyen

William Nestuk

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PSA Today 25 Nov: Bessent boost / Video games industry round-up / Ricoh revises up - Nikkei 225 +1.30%

PSA Today Japan Market Comment by Pelham Smithers and Joel Scheiman Tags: Keisei (9009), Keikyu (9006), Odakyu (9007 JT), Renova (9519 JT), eRex (9517 JT), CS Wind (112610 KS), Windey Energy (300772 CH), SoftBank Group (9984 JT), Arm Holdings (ARM US), Taiyo Yuden (6976 JT), Murata Mfg (6981 JT), Fujikura (5803 JT), PKSHA (3993 JT), SRE Holdings (2980 JT), Tokyo Electron (8035 JT), Sumco (3436 T), Kioxia (6600 JT), Tokyo Ohka Kogyo (4186 JP), Advantest (6857 JT), Tokyo Metro (9023 JT), Bandai Namco (7832 JT), Kadokawa (9468 JT), Sony (6758 JT), Toho (9602 JT), Nexon (3659 JT), Koei Tecmo (363...

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The PSA Weekly Research Round up for the Week to 22 November 2024

Weekly Comment Summary After picking up in 2024 Q2, Japan’s economy slowed in Q3, particularly towards the latter half of the quarter. The question is whether it is still slowing. If so, this wouldn’t be too much of a problem, were it not for the risk that interest rates might have to go up, to curtail the yen’s slide, explains Pelham Smithers. PSA Company Visits, Tours and Interviews Visited: IDOM (7599 JT), Raksul (4384 JT), Amvis Holdings (7071 JT), FP Partner (7388 JT), Lilycolor (9827 JT), Shin-Etsu Chemical (4063 JT), Kaneka (4118 JT), Yaskawa (6506 JT), Mitsubishi Electric (6503 J...

November 22, 2024 November 22, 2024 1 EN

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PSA Today 22 Nov: Stimulus / Macro subdued / Kioxia IPO / Mitsui Chem incentives / Nissan restructuring / Cablers, data centres / Koshidaka / Kyoritsu Maintenance – Nikkei 225 +0.68% | ¥$154.90

PSA Today 25 Nov: Bessent boost / Video games industry round-up / Ricoh revises up - Nikkei 225 +1.30%

The PSA Weekly Research Round up for the Week to 22 November 2024

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