Pelham Smithers Associates Ltd - PSA Today 1 Feb: Lacklustre day but semis lively / Hitachi and Keyence 3Qs / Sumitomo Chem slashes NP guidance to zero / Japan auto sales start well / Komatsu sags – Nikkei 225 +0.07%

Report

Pelham Smithers Associates Ltd

Joel Scheiman ...

Julie Boote
Lindsay Whipp
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 1 Feb: Lacklustre day but semis lively / Hitachi and Keyence 3Qs / Sumitomo Chem slashes NP guidance to zero / Japan auto sales start well / Komatsu sags – Nikkei 225 +0.07%

Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk, Thao Nguyen and Lindsay Whipp
Tags: Advanced Micro Devices (AMD US), Tokyo Electron (8035 JT), Advantest (6857 JT), Screen Holdings (7735 JT), Shinko Electric (6967 JT), Disco (6146 JT), Lasertec (6920 JT), Alps Alpine (6770 JT), Seiko Epson (6724 JT), TDK (6762 JT), Komatsu (6301 JT), ZOZO (3092 JT), Z Holdings (4689 JT), SRE Holdings (2980 JT), Dexerials (4980 JT), Hitachi (6501 JT), NEC (6701 JT), Keyence (6861 JT), Omron (6645 JT), Sumitomo Chemical (4005 JT), Honda (7267 JT), Toyota Motor (7203 JT), Nissan Motor (7201 JT), Suzuki Motor (7269 JT), Mazda (7261 JT), Subaru (7270 JT), Mitsubishi Motors (7211 JT), Caterpillar (CAT US)
Main Points
• Lacklustre day but semiconductor stocks firm on strong move in SOX
• Hitachi FY22 Q3 OP +65% YoY
• Keyence FY22 Q3 OP +14% YoY
• Sumitomo Chemical slashes its FY22 NP guidance to zero
• Japan auto sales off to a good start
• Komatsu sags on China, cost concerns

01/02/2023 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

Thao Nguyen

William Nestuk

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PSA Today 1 Feb: Lacklustre day but semis lively / Hitachi and Keyence 3Qs / Sumitomo Chem slashes NP guidance to zero / Japan auto sales start well / Komatsu sags – Nikkei 225 +0.07%

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

PSA Today 25 Apr: Most of tariff fall recouped now / Tokyo CPI / Analyst articles on Advantest, Nissan, Hino, Denso, HCM, NRI, NTT Data, Chugai, DSK – Nikkei 225 +1.90% | ¥$143.55

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