Pelham Smithers Associates Ltd - PSA Today 12 Sep: New highs on heavy volume / Video games round-up / Melco up again / Visionals FY25 results beat / Koshidaka buys Joysound stores / Smaregi FY26 Q1 – Nikkei 225 +0.89% | ¥$147.50

Report

Pelham Smithers Associates Ltd

Hiroyuki Terada ...

Lindsay Whipp
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 12 Sep: New highs on heavy volume / Video games round-up / Melco up again / Visional's FY25 results beat / Koshidaka buys Joysound stores / Smaregi FY26 Q1 – Nikkei 225 +0.89% | ¥$147.50

PSA Today Japan Market Comment by Pelham Smithers, William Nestuk, Lindsay Whipp, Hiroyuki Terada and Thao Nguyen
Tags: Kokusai Electric (6525 JT), Tokyo Electron (8035 JT), Socionext (6526 JT), Lam (LRCX US), Micron (MU US), Broadcom (AVGO US), AMD (AMD US), Kioxia (285A JT), SanDisk (SNDK US), GA Technologies (3491 JT), Visional (4194 JT), Timee (215A JT), Anycolor (5032 JT), Gumi (3903 JT), Smaregi (4431 JT), Enigmo (3665 JT), Konami (9766 JT), Sega Sammy (6460 JT), Sports Interactive (pvt), Marvelous (7844 JT), Sony (6758 JT), Nintendo (7974 JT), Take Two Interactive (TTWO US), Ubisoft (UBI FP), Mitsubishi Electric (6503 JT), Nozomi (pvt), Daifuku (6383 JT), Nabtesco (6268 JT), Fanuc (6954), THK (6481 JT), Keyence (6861 JT), Harmonic Drive Systems (6324 JT), Yaskawa Electric (6506 JT), SMC (6273 JT), Omron (6645 JT), Thinkings (pvt), Koshidaka Holdings (2157 JT), Standard (pvt), Daisyo (9979 JT)
Main Points
 Tech stocks send Nikkei 225 to new highs in heavy volume
 Video games round-up
 Mitsubishi Electric up on IT acquisition
 Visional FY25 OP sails past company and market estimates
 Koshidaka purchases Joysound karaoke stores
 Smaregi keeps FY26 guidance unchanged

12/09/2025 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

Hiroyuki Terada

Lindsay Whipp

Pelham Smithers

Thao Nguyen

William Nestuk

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PSA Today 12 Sep: New highs on heavy volume / Video games round-up / Melco up again / Visional's FY25 results beat / Koshidaka buys Joysound stores / Smaregi FY26 Q1 – Nikkei 225 +0.89% | ¥$147.50

The PSA Research Round-Up for the Week to 12 September 2025

PSA Media & Entertainment: Cover Corp (5253 JT) – A Revisit

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