Pelham Smithers Associates Ltd - PSA Today 12 Aug: Rally on US frontier tech gains / Sony, MSFT and Call of Duty / US lawsuit for Hino, TOY / Ferrotecs higher guidance / Recruits Q1 beat / Considering ExaWizards – Nikkei 225 +2.62%

Report

Pelham Smithers Associates Ltd

Julie Boote ...

Lindsay Whipp
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 12 Aug: Rally on US frontier tech gains / Sony, MSFT and Call of Duty / US lawsuit for Hino, TOY / Ferrotec's higher guidance / Recruit's Q1 beat / Considering ExaWizards – Nikkei 225 +2.62%

Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk, Thao Nguyen, and Lindsay Whipp
Tags: Fanuc (6954 JT), Keyence (6861 JT), Olympus (7733 JT), Recruit (6098 JT), M3 (2413 JT), SoftBank Group (9984 JT), ARKK Innovation ETF (ARKK US), Renaissance IPO (IPO US), Honda (7267 JT), Fujifilm (4901 JT), Rakuten (4755 JT), MonotaRO (3064 JT), Activision (ATVI US), Sony (6758 JT), Microsoft (MSFT US), Hino Motors (7205 JT), Toyota Motor (7203 JT), Ferrotec (6890 JT), ExaWizards (4259 JT), Money Forward (3994 JT), Freee KK (4478 JT), Enechange (4169 JT)
Main Points
• Tokyo gains 700 point as US frontier tech rallies
• Has Sony got under Microsoft’s skin over Call of Duty?
• Hino and Toyota face US lawsuit
• Ferrotec raises H1 OP guidance by 14% to ¥16bil (+49%YoY)
• Recruit’s FY22 Q1 beats consensus
• ExaWizards aiming for profitability in FY22 Q3

12/08/2022 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

Julie Boote

Lindsay Whipp

Pelham Smithers

Thao Nguyen

William Nestuk

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PSA Today 12 Aug: Rally on US frontier tech gains / Sony, MSFT and Call of Duty / US lawsuit for Hino, TOY / Ferrotec's higher guidance / Recruit's Q1 beat / Considering ExaWizards – Nikkei 225 +2.62%

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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