Pelham Smithers Associates Ltd - PSA Today 13 Aug: Rally extends / PPI July / Nexon Q2 / TOY in NA / iStyle FY25 / ExaWizards first ever Q1 OP – Nikkei 225 +1.30% | ¥$147.84

Report

Pelham Smithers Associates Ltd

Joel Scheiman ...

Julie Boote
Lindsay Whipp
Pelham Smithers
Thao Nguyen

PSA Today 13 Aug: Rally extends / PPI July / Nexon Q2 / TOY in NA / iStyle FY25 / ExaWizards first ever Q1 OP – Nikkei 225 +1.30% | ¥$147.84

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, Thao Nguyen and Lindsay Whipp
Tags: Renesas (6723 JT), Wolfspeed (WOLF US), Socionext (6526 JT), Advantest (6857 JT), Rohm (6963 JT), Sony (6758 JT), Kioxia (285A JT), Fanuc (6954 JT), Yaskawa Electric (6506 JT), Mitsubishi Electric (6503 JT), Tokyo Ohka Kogyo (4186 JT), Nitto Boskei (3110 JT), MEC (4971 JT), Electronic Arts (EA US), Take Two (TTWO US), Bandai Namco (7832 JT), Square Enix (9684 JT), Capcom (9697 JT), Lifenet Insurance (7157 JT), Nexon (3659 JT), Toyota Motor (7203 JT), GM (GM US), Istyle (3660 JT), ExaWizards (4259 JT), PKSHA (3993 JT)
Main Points
 Japan shares extend rally as US looks to Fed to cut rates
 Producer price inflation slows to +2.6% YoY in July
 Nexon FY25 Q2 OP -17% YoY
 Toyota NA position remains solid
 Istyle FY25 earnings and FY26 guidance beat
 ExaWizards reports first ever Q1 OP, but sales growth limited

13/08/2025 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

Joel Scheiman

Julie Boote

Lindsay Whipp

Pelham Smithers

Thao Nguyen

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PSA Today 12 Aug: Soaring Nikkei 225 and Topix, ATHs / Ishiba on the ropes / Video game round-up / Automation / Q1s for Cover Corp, SRE / Previews Appier Q2, PKSHA Q3 / Amvis results release delay – Nikkei 225 +2.15 % | ¥$148.26

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Joel Schieman, William Nestuk, Thao Nguyen Lindsay Whipp and Hiroyuki Terada Tags: Kioxia (285A JT), Lasertec (6920 JT), Advantest (6857 JT), CyberAgent (4751 JT), Sanrio (8136 JT), Panasonic (6752 JT), Canon (7751 JT), Sharp (6753 JT), Konica Minolta (4902 JT), Olympus (7733 JT), Toppan Holdings (7911 JT), Honda Motor (7267 JT), Kanto Denka (4047 JT), Kansai Paint (4613 JT), Nippon Paint (4612 JT), Nintendo (7974 JT), Sony (6758 JT), Gemdrops (pvt), Cover Corp (5253 JT), Take Two (TTWO US), Warner Bros Discovery (WBD US), Micro...

August 12, 2025 August 12, 2025 1 EN

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PSA Today 13 Aug: Rally extends / PPI July / Nexon Q2 / TOY in NA / iStyle FY25 / ExaWizards first ever Q1 OP – Nikkei 225 +1.30% | ¥$147.84

PSA Capital Goods: Moriya Transportation Engineering & Maintenance (6226 JT) – Market Missing GPM Improvement

PSA Today 12 Aug: Soaring Nikkei 225 and Topix, ATHs / Ishiba on the ropes / Video game round-up / Automation / Q1s for Cover Corp, SRE / Previews Appier Q2, PKSHA Q3 / Amvis results release delay – Nikkei 225 +2.15 % | ¥$148.26

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