PSA Today 7 Nov: US job worries depress / Video games round-up / Q2s for Ube, Honda, Mazda, MHI, Fujikura, JMDC, KM / Q1 for Mercari / Intermestic Oct KPIs – Nikkei 225 -1.19% | ¥$153.46

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk, Lindsay Whipp, Thao Nguyen and Hiroyuki Terada
Tags: Kioxia (285A JT), SanDisk (SNDK US), Fujikura (5803 JT), Ajinomoto (2802 JT), Rohm (6963 JT), Recruit (6098 JT), Square Enix (9684 JT), Internet Initiative Japan (3774 JT), KDDI (9433 JT), Mazda Motor (7261 JT), Advantest (6857 JT), Socionext (6526 JT), Shin-Etsu Chemical (4063 JT), Renesas (6723 JT), Wolfspeed (WOLF US), Take Two (TTWO US), Sony (6758 JT), Capcom (9697 JT), Bandai Namco (7832 JT), Sega Sammy (6460 JT), Nitto Boseki (3110 JT), Embracer (EMBRACB SS), Shift (3697 JT), Nintendo (7974 JT), TPG (pvt), Bandai Namco (7832 JT), Nexon (3659 JT), Electronic Arts (EA US), Valve (pvt), Microsoft (MSFT US), UBE Corp (4208 JT), Honda Motor (7267 JT), Toyota Motor (7203 JT), Nexperia (pvt), MHI (7011 JT), Hitachi (6501 JT), Mercari (4385 JT), JMDC (4483 JT), Kyoritsu Maintenance (9616 JT), Intermestic (262A JT), JINS Holdings (3046 JT)
Main Points
 Tokyo shares slump again as US jobs data worries markets
 Video games round-up
 UBE Corp leaves guidance unchanged
 Mazda keeps FY25 guidance unchanged on hopes of a recovery in H2
 Honda lowers FY25 guidance on chip shortage
 MHI Q2 OP -19% YoY disappoints
 Fujikura Q2 OP +60% beats top estimate
 Mercari’s FY26 Q1 beats
 JMDC meets FY25 Q2 consensus estimates
 Kyoritsu Maintenance Q2 affected by earthquake rumours but outlook solid
 Intermestic October KPIs