Pelham Smithers Associates Ltd - PSA Today 1 Apr: Market edges down / Sony axes some PS staff / Japans video streaming content war / Sansans client successes - Nikkei 225 -0.56%

Report

Pelham Smithers Associates Ltd

Lindsay Whipp ...

Pelham Smithers
Thao Nguyen

PSA Today 1 Apr: Market edges down / Sony axes some PS staff / Japan's video streaming content war / Sansan's client successes - Nikkei 225 -0.56%

Japan Market Comment by Pelham Smithers, Thao Nguyen and Lindsay Whipp
Tags: Advanced Micro Devices (AMD US), Tokyo Electron (8035 JT), Square Enix (9684 JT), Qualcomm (QCOM US), Konami Holdings (9766 JT), Sony (6758 JT),Toshiba (6502 JT), Bain Capital, Kioxia, Nitori (9843 JT), Ikea, Takeda Pharmaceutical (4502 JT), Novavax (NVAX US), Shionogi (4507 JT), Cipla Ltd (CIPLA IN), Microsoft (MSFT US), Nintendo (7974 JT), Samsung Electronics (005930 KS), LG Electronics (066570 KS), Apple (AAPL US), TSMC (2330 TT), Netflix (NFLX US), Amazon (AMZN US), Walt Disney (DIS US), CyberAgent (4751 JT), Sansan (4443 JT), Sumitomo Mitsui Financial Group (8316 JT), Takenaka Corp, Money Forward (3994 JT)
Main Points
• Tokyo edges down as falling oil prices, weaker yen provide support
• Sony cuts 90 PlayStation staff in North America
• Video streaming content war intensifies in Japan
• Sansan sees steady build-out of clients in Jan~Mar

01/04/2022 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

Lindsay Whipp

Pelham Smithers

Thao Nguyen

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PSA Today 28 Apr: Sentiment uptick / FY24s for Hitachi, NEC / Socionext woes / TDK, Komatsu: weak FY25 guidance / Toyota Industries to be taken private? / JMDC preview / CUC FY25 guidance conservative – Nikkei 225 +0.38% | ¥$143.83

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk, Lindsay Whipp and Hiroyuki Terada Tags: Toyota Motor (7203 JT), Toyota Industries (6201 JT), Namura Shipbuilding (7014 JT), Mitsui E&S (7003 JT), Anritsu (6754 JT), Advantest (6857 JT), Disco (6146 JT), Tokyo Seimitsu (7729 JT), ARE Holdings (5857 JT), Shin-Etsu Chemical (4063 JT), Sakura Internet (3778 JT), Daiwa Securities (8601 JT), Japan Exchange (8697 JT), Sumitomo Heavy (6302 JT), Nitto Denko (6988 JT), Hitachi (6501 JT), NEC Corp (6701 JT), Socionext (6526 JT), ZTE (763 HK), TDK (6762 JT), ...

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Weekly Comment Summary Two weeks ago, we wrote here about how US trade policy was generating a very “top down” market. Since then, uncertainty has replaced fear, and this has led to a very “bottom up" market, with the winners those delivering good / better-than-expected news, explains Pelham Smithers. PSA Company Visits, Tours and Interviews Visited: TKP (3479 JT), JINS Holdings (3046 JT), Treasure Factory (3093 JT), Koshidaka Holdings (2157 JT) 1-1 Call with: Insource (6200 JT) Presentations at: Shin-Etsu Chemical (4063 JT), Nitto Denko (6988 JT), Fujifilm Holdings (4901 JT), Zeon Corp...

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PSA Today 1 Apr: Market edges down / Sony axes some PS staff / Japan's video streaming content war / Sansan's client successes - Nikkei 225 -0.56%

PSA Today 28 Apr: Sentiment uptick / FY24s for Hitachi, NEC / Socionext woes / TDK, Komatsu: weak FY25 guidance / Toyota Industries to be taken private? / JMDC preview / CUC FY25 guidance conservative – Nikkei 225 +0.38% | ¥$143.83

The PSA Research Round-Up for the Two-Week Period Covering 11~25 April 2025

PSA Broadline Retail: Treasure Factory (3093 JT): Inbound Sales Still Solid in Q1

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