Pelham Smithers Associates Ltd - PSA Today 25 July: Lower on earnings, macro concerns / Tokyo CPI data reduces risk of rate hike / Results for Renesas ( Q2), Screen (Q1), Fanuc (Q1), MMC (Q1) / Open Up Group June KPIs – Nikkei 225 -0.88% | ¥$147.02

Report

Pelham Smithers Associates Ltd

Joel Scheiman ...

Julie Boote
Lindsay Whipp
Pelham Smithers

PSA Today 25 July: Lower on earnings, macro concerns / Tokyo CPI data reduces risk of rate hike / Results for Renesas ( Q2), Screen (Q1), Fanuc (Q1), MMC (Q1) / Open Up Group June KPIs – Nikkei 225 -0.88% | ¥$147.02

PSA Today Japan Market Comment by Pelham Smithers, Joel Scheiman, Julie Boote and Lindsay Whipp
Tags: Mazda (7261 JT), Yaskawa Electric (6506 JT), JFE (5411 JT), Disco (6146 JT), BayCurrent (6532 JT), Advantest (6857 JT), IHI (7013 JT), Shin-Etsu Chemical (4063 JT), Mitsubishi Motors (7211 JT), Renesas (6723 JT), Canon (7751 JT), Wolfspeed (WOLF US), Nidec (6594 JT), Chugai Pharm (4519 JT), Nintendo (7974 JT), Capcom (9697 JT), Nexon (3659 JT), Bandai Namco (7832 JT), Sony (6758 JT), Pacific Industries (7250 JT), Money Forward (3994 JT), Net Protections (7383 JT), Amazon (AMZN US), Screen Holdings (7735 JT), TSMC (2330 TT), Fanuc (6954 JT), Open Up Group (2154 JT), UT Group (2146 JT)
Main Points
 Tokyo shares slide on disappointing earnings, economic concerns
 Tokyo CPI data reduces rate hike risk
 Renesas FY25 Q2 OP -43% YoY
 Screen HD FY25 Q1 OP -12% YoY
 Mitsubishi Motors’ profits take large tariff hit
 Fanuc FY25 Q1 OP +29% YoY, guidance neutral
 Open Up Group reports June KPIs

25/07/2025 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

Lindsay Whipp

Pelham Smithers

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PSA Today 25 July: Lower on earnings, macro concerns / Tokyo CPI data reduces risk of rate hike / Results for Renesas ( Q2), Screen (Q1), Fanuc (Q1), MMC (Q1) / Open Up Group June KPIs – Nikkei 225 -0.88% | ¥$147.02

The PSA Research Round-Up for the Week to 25 July 2025

PSA Leisure Facilities: Koshidaka (2157 JT) – Aggressive Cost Control & Acceleration of New Store Openings

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