Report
Hiroyuki Terada ...
  • Joel Scheiman
  • Julie Boote
  • Lindsay Whipp
  • Nia Dokova
  • Pelham Smithers
  • William Nestuk

PSA Today 1 Nov: Wall Street sneezed.... / Video games round-up / Q2s for Murata, Tokyo Seimitsu, Subaru, Melco, TIS, Sanrio / Toyota Industries slumps -12% in 2-days / Insource KPIs, Q4 preview /Nxera's Q3 – Nikkei 225 -2.63% | ¥$152.4

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk, Lindsay Whipp, Hiroyuki Terada and Nia Dokova
Tags: Mitsubishi Electric (6503 JT), Panasonic (6752 JT), MonotaRO (3064 JT), Lasertec (6920 JT), Socionext (6526 JT), Advantest (6857 JT), Screen Holdings (7735 JT), NEC Corp (6701 JT), Hitachi (6501 JT), Fujitsu (6702 JT), TIS (3626 JT), TDK (6762 JT), Asahi Kasei (3407 JT), Nippon Sanso Holdings (4091 JT), Denso (6902 JT), Subaru (7270 JT), Toyota Industries (6201 JT), Suzuki Motor (7269 JT), Nintendo (7974 JT), Square Enix (9684 JT), Koei Tecmo (3635 JT), Capcom (9697 JT), Microsoft (MSFT US), Sega Sammy (6460 JT), WUBE (pvt), Bandai Namco (7832 JT), Electronic Arts (EA US), Sony (6758 JT), Murata Mfg (6981 JT), Apple (AAPL US), Tokyo Seimitsu (7729 JT), Mitsubishi Electric (6503 JT), Daikin (6367 JT), Toyota Motor (7203 JT), NTT Data (9613 JT), Sanrio (8136 JT), Insource (6200 JT), Nxera Pharma (4565 JT), Shionogi (4507 JT), Mochida Pharmaceutical (4534 JT), Bristol Myers Squibb (BMY US), Neurocrine Bioscience (NBIX US), AbbVie (ABBV US), Centessa Pharmaceuticals (CNTA US)
Main Points
 Nikkei 225 drops -1,000pts on Nasdaq weakness, yen strength
 Video games round-up
 Murata FY24 Q2 OP +3% YoY
 Subaru lowers sales forecast for FY24; maintains financial guidance
 Mitsubishi Electric top riser on TSE Prime
 Toyota Industries falls -12% in two days
 TIS beats FY24 Q2 consensus estimates
 Sanrio’s FY24 Q2 exceeds expectations
 Insource Oct KPIs & Preview for Q4 FY24
 Nxera reports FY24 Q3 results
Provider
Pelham Smithers Associates Ltd
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. 

Analysts
Hiroyuki Terada

Joel Scheiman

Julie Boote

Lindsay Whipp

Nia Dokova

Pelham Smithers

William Nestuk

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