Pelham Smithers Associates Ltd - PSA Today 14 Dec: Encouragement from abroad / Is Japan quietly overheating? / Toray good news / Pricing trends, yen, help machinery plays / Enigmos Q3 / Sansan expands – Nikkei 225 +0.72%

Report

Pelham Smithers Associates Ltd

Joel Scheiman ...

Julie Boote
Lindsay Whipp
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 14 Dec: Encouragement from abroad / Is Japan quietly overheating? / Toray good news / Pricing trends, yen, help machinery plays / Enigmo's Q3 / Sansan expands – Nikkei 225 +0.72%

Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk, Thao Nguyen and Lindsay Whipp
Tags: Subaru (7270 JT), United Airlines (UAL US), Toray (3402 JT), Moderna (MRNA US), Merck (MRK US), Takara Bio (4974 JT), Shionogi (4507 JT), Pharmicell (005690 KS), SK Bioscience (302440 KS), Socionext (6526 JT), Daiei Kankyo (9336 JT), Skymark Airlines (9204 JT), Takeda Pharmaceutical (4502 JT), Nimbus Therapeutics, Iwatani Corp (8088 JT), Nidec (6594 JT), Stellantis (STLA US), Toho Titanium (5727 JT), Osaka Titanium (5726 JT), Boeing (BA US), Daikin Industries (6367 JT), Komatsu (6301 JT), Hitachi Construction Machinery (6305 JT), Enigmo (3665 JT), Sansan (4443 JT), AI Inside (4488 JT), NTT West, TIS Inc (3626 JT)
Main Points
• US inflation, US corporate news, Japan IPOs send Tokyo shares higher
• Tankan data adds further support to concerns that Japan’s economy is quietly overheating
• Good news for Toray’s carbon fiber
• Good pricing and yen weakness still helping Komatsu, Daikin
• Enigmo’s FY22 Q3 results: further contraction
• Sansan’s AI-OCR technology now reads all business card information

14/12/2022 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

Joel Scheiman

Julie Boote

Lindsay Whipp

Pelham Smithers

Thao Nguyen

William Nestuk

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PSA Today 14 Dec: Encouragement from abroad / Is Japan quietly overheating? / Toray good news / Pricing trends, yen, help machinery plays / Enigmo's Q3 / Sansan expands – Nikkei 225 +0.72%

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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