Report
Hiroyuki Terada ...
  • Julie Boote
  • Lindsay Whipp
  • Nia Dokova
  • Pelham Smithers
  • Thao Nguyen
  • William Nestuk

PSA Today 13 May: Up on "30 10" / Video games round-up / Genki biz service stocks / Nexon, Capcom, Honda, Olympus, Peptidream, Fujikura, Furukawa, PKSHA, JES, Cover - Nikkei 225 +1.43%

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Will Nestuk, Thao Nguyen, Lindsay Whipp, Hiroyuki Terada and Nia Dokova
Tags: Sharp (6753 JT), Keio (9008 JT), Keikyu (9006 JT), Rakuten Bank (5838 JT), Kyushu Financial (7180 JT), Tokyo Electron (8035 JT), Advantest (6857 JT), Kokusai Electric (6525 JT), Initiative Japan (3774 JT), Business Engineering Corp (4828 JT), Furukawa Electric (5801 JT), SWCC (5805 JT), Fujikura (5803 JT), Sumitomo Pharma (4506 JT), Hibiya Engineering (1982 JT), Nintendo (7974 JT), Sony (6758 JT), Microsoft (MSFT US), Sandfall Interactive, Electronic Arts (EA US), Capcom (9697 JT), Sega Sammy (6460 JT), Take Two Interactive (TTWO US), Embracer (EMBRACB SS), Square Enix (9684 JT), Baycurrent (6532 JT), DTS (9682 JT), TIS (3626 JT), Dentsu Soken (4812 JT), Pro-Ship (3763 JT), Obic (4684 JT), SRE Holdings (2980 JT), PKSHA (3993 JT), Otsuka (4768 JT), Tsuzuki Denki (8157 JT), Oracle Japan (4716 JT), Cybozu (4776 JT), Nexon (3659 JT), Honda Motor (7267 JT), Olympus (7733 JT), PeptiDream (4587 JT), Verizon (VZ US), Japan Elevator Service (6544 JT), Cover Corp (5253 JT), Anycolor (5032 JT)
Main Points
 Tokyo shares gain on US / China trade situation, but by less than predicted
 Video games round-up
 Multiple business service stocks hitting 52-week highs
 Nexon FY25 Q1 OP ¥41.6bil +43% beats expectations
 Capcom FY24 Q4 OP +270%, but guidance misses expectations
 Honda predicts 58.8% drop in FY25 OP on US import tariffs
 Fujikura FY25 OP guidance -10% YoY
 Furukawa upside surprise
 Olympus Delivers Positive Full-Year FY24 Results and Disappointing FY25 Guidance
 PeptiDream Reports FY25 Q1, Reaffirms Guidance
 PKSHA: FY25 Q2 preview
 Japan Elevator Service Q4
 Cover’s FY25 guidance miss due to upfront investment
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

Julie Boote

Lindsay Whipp

Nia Dokova

Pelham Smithers

Thao Nguyen

William Nestuk

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