Pelham Smithers Associates Ltd - PSA Today 10 Sep: 30-year high / 2Q SPE / SQE / Sony Showcase / Ohara / Toyotas further cuts / Machine tool orders / Ferrotec – Nikkei 225 +1.25%

Report

Pelham Smithers Associates Ltd

Alexander Boote ...

Joel Scheiman
Julie Boote
Pelham Smithers
William Nestuk

PSA Today 10 Sep: 30-year high / 2Q SPE / SQE / Sony Showcase / Ohara / Toyota's further cuts / Machine tool orders / Ferrotec – Nikkei 225 +1.25%

Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk and Alex Boote
Tags : Tokyo Electron (8035 JT), Advantest (6857 JT), Screen Holdings (7735 JT), Disco (6146 JT), Renesas (6723 JT), Shinko Electric (6967 JT), JSR Corp (4185 JT), Tokyo Ohka Kogyo (4186 JT), Shin-Etsu Chemical (4063 JT), Sony (6758 JT), Take Two (TTWO US), Square Enix (9684 JT), Shinsei Bank (8303 JT), SBI Holdings (8473 JT), Eisai (4523 JT), Biogen (BIIB US), Toyota Motor (7203 JT), Epic Games, Ohara Inc (5218 JT), Fanuc (6954 JT), Ferrotec (6890 JT)
Main Points
• Blue chips lead Topix to new 30-year high
• 2Q global SPE shipments +48% YoY
• Square Enix’s Forspoken set for Spring 2022
• PlayStation Showcase: the content and the reaction
• Ohara’s new guidance exceeds consensus
• Toyota announces further output cuts
• Subsidies support domestic machine tool orders
• Ferrotec listing high for fourth straight day

10/09/2021 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

Alexander Boote

Joel Scheiman

Julie Boote

Pelham Smithers

William Nestuk

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PSA Today 10 Sep: 30-year high / 2Q SPE / SQE / Sony Showcase / Ohara / Toyota's further cuts / Machine tool orders / Ferrotec – Nikkei 225 +1.25%

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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