Pelham Smithers Associates Ltd - PSA Today 1 Nov: Help from results, yen, Sox / V-Cubes 3Q / TDKs guidance / Those Lasertec orders / Dexerials guidance / Toyotas new bZ4X EV / Daikins upbeat Nikkei preview / Toyota Industries amid chip dearth – Nikkei 225 +2.61%

Report

Pelham Smithers Associates Ltd

Joel Scheiman ...

Julie Boote
Pelham Smithers
William Nestuk

PSA Today 1 Nov: Help from results, yen, Sox / V-Cube's 3Q / TDK's guidance / Those Lasertec orders / Dexerials' guidance / Toyota's new bZ4X EV / Daikin's upbeat Nikkei preview / Toyota Industries amid chip dearth – Nikkei 225 +2.61%

Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and William Nestuk
Tags: Sony (6758 JT), Lasertec (6920 JT), Hoya (7741 JT), Tokyo Electron (8035 JT), Murata (6981 JT), TDK (6762 JT), NEC (6701 JT), Eisai (4523 JT), Shionogi (4507 JT), Ono Pharmaceutical (4528 JT), V-Cube (3681 JT), Bang & Olufsen (BO DC), Zoom (ZM US), Microsoft (MSFT US), Contemporary Amperex Technology (300750 CH), Dexerials (4980 JT), Toyota Motor (7203 JT), Subaru (7270 JT), GM (GM US), Hyundai Motor (005380 KS), Daikin (6367 JT), Toyota Industries (6201 JT)
Main Points
• Results, yen, SOX combine for 750pt gain on Nikkei 225
• V-Cube 3Q FY21 OP -70% YoY
• TDK’s new guidance exceeds consensus
• Those Lasertec orders…
• Dexerials hikes OP guidance by 76.5%
• Toyota presents the new bZ4X EV
• Daikin up on upbeat Nikkei preview
• Toyota Industries sees both forklifts and autos hit by chip shortage

01/11/2021 6 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

Pelham Smithers

William Nestuk

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PSA Today 1 Nov: Help from results, yen, Sox / V-Cube's 3Q / TDK's guidance / Those Lasertec orders / Dexerials' guidance / Toyota's new bZ4X EV / Daikin's upbeat Nikkei preview / Toyota Industries amid chip dearth – Nikkei 225 +2.61%

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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