Pelham Smithers Associates Ltd - PSA Strategy: Is The Trump Trade Fallout Strategy the New Covid Strategy?

Report

Pelham Smithers Associates Ltd

Pelham Smithers

PSA Strategy: Is The Trump Trade Fallout Strategy the New Covid Strategy?

Stock market performance during the Covid Lockdown became very stylized, with the biggest winners being domestic demand small cap tech service companies. Pelham Smithers discusses whether we now seeing something similar in the fallout from the Trump Trade.

Tags: Recruit (6098 JT), Tokyo Electron Ltd (8035 JT), Sysmex Corp (6869 JT), Denso Corp (6902 JT), Ajinomoto (2802 JT), Sony (6758 JT), Fujitsu (6702 JT), Keyence (6861 JT), Nidec (6594 JT), Daikin Industries (6367 JT), Inpex Corp (1605 JT), West Japan Railway (9021 JT), Japan Airlines (9201 JT), ANA Holdings (9202 JT), Mitsubishi Heavy industries (7011 JT), Isuzu Motors (7202 JT), Kao Corp (4452 JT), Central Japan Railway (9022 JT), East Japan Railway (9020 JT), Daito Trust Construction (1878 JT), Nitori Holdings (9843 JT), Aeon Co (8267 JT), Oriental Land Co Ltd (4661 JT), KDDI Corp (9433 JT), Mitsui Fudosan (8801 JT), West Japan Railway Co (9021 JT), Fast Retailing (9983 JT), Unicharm Corp (8113 JT), LY Corp (4689 JT), Resona Holdings (8308 JT), Renesas Electronics (6723 JT), Mizuho Financial Group (8411 JT), Dai-Ichi Life Holdings (8750 JT), Sumitomo Mitsui Financial Group (8316 JT), Fanuc (6954 JT), Mitsubishi UFJ Financial Group (8306 JT), Sumitomo Electric (5802 JT), Nomura Holdings (8604 JT)

14/04/2025 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

Pelham Smithers

Other Reports from Pelham Smithers Associates Ltd

Pelham Smithers

Pelham Smithers

PSA Media & Entertainment: Nintendo (7974 JT) – a PSA 2025 Q2 Focus List Constituent – Switching Systems

In the last month, Nintendo has unveiled the Switch 2 and has set the launch date [5 Jun] and the launch price [US$449.99], all the while handling tariff uncertainty. It has done a decent job on all fronts. The console is currently selling at a premium on ebay.co.uk and the games like Mario Kart World have got the thumbs-up from influencers and commentators. However, while we like the third-party element, which should boost the lifetime tie-ratio, we are uncertain over whether there is enough wow factor with the new system for it to take Nintendo to a whole new level. While we see the Switch 2...

15h / 27m 15h / 27m 1 EN

Joel Scheiman ... (+5)

Joel Scheiman
Lindsay Whipp
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 23 April: Trade hopes, Powell issue recedes / April PMI / Considering IC, SPE names / Fanuc gives no guidance for FY25 / Obic, OBC FY24 results / Kakaku Tabelog, China WeChat – Nikkei 225 +1.89% | ¥$141.68

PSA Today Japan Market Comment by Pelham Smithers, Joel Scheiman, William Nestuk, Lindsay Whipp and Thao Nguyen Tags: Apple (AAPL US), Taiyo Yuden (6976 JT), Sony (6758 JT), Fujikura (5803 JT), Nidec (6594 JT), Furukawa Electric (5801 JT), Hino Motors (7205 JT), Daimler Truck (DTG GY), Fujifilm (4901 JT), Regeneron (REGN US), Konica Minolta (4902 JT), JAFCO (8595 JT), Taisei Corp (1801 JT), Obic Co (4684 JT), OBC (4733 JT), GMO Internet (4784 JT), Japan Coca-Cola Bottlers Japan (2579 JT), Nvidia (NVDA US), Amazon (AMZN US), Huawei (pvt), Tokyo Electron (8035 JT), Advantest (6857 JT), Teradyne...

16h / 47m 16h / 47m 1 EN

Pelham Smithers

Pelham Smithers

PSA Information Technology: FY24 Q4 Preview for Big 3 IT Firms

Ahead of results on 28 April, Pelham Smithers previews the outlook for Japan’s Big 3 IT firm’s FY24 and what might impact the FY25 guidance numbers.

April 22, 2025 April 22, 2025 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

PSA Strategy: Is The Trump Trade Fallout Strategy the New Covid Strategy?

PSA Media & Entertainment: Nintendo (7974 JT) – a PSA 2025 Q2 Focus List Constituent – Switching Systems

PSA Today 23 April: Trade hopes, Powell issue recedes / April PMI / Considering IC, SPE names / Fanuc gives no guidance for FY25 / Obic, OBC FY24 results / Kakaku Tabelog, China WeChat – Nikkei 225 +1.89% | ¥$141.68

PSA Information Technology: FY24 Q4 Preview for Big 3 IT Firms

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe