Report
Hiroyuki Terada ...
  • Julie Boote
  • Pelham Smithers

PSA Today 16 Dec: Wait-and-see mood / Better PMI data, surging machinery orders / Video games industry round-up / Pleasing FY24 Park24 numbers, FY25 outlook – Nikkei 225 -0.03% | ¥$153.75

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote and Hiroyuki Terada
Tags: Broadcom (AVGO US), Marvell (MRVL US), Socionext (6526 JT), Furukawa Electric (5801 JT), Fujikura (5803 JT), Advantest (6857 JT), Disco (6146 JTT), DeNA (2432 JT), Bandai Namco (7832 JT), Sony (6758 JT), Mixi (2121 JT), Kakaku.com (2371 JT), Astroscale (186A JT), Hamee (3134 JT), Torigoe (2009 JT), Nissan Motor (7201 JT), Mercedes Benz (MBG GR), KHI (7012 JT), Sega Sammy (6460 JT), Square Enix (9684 JT), Capcom (9697 JT), Nexon (3659 JT), CD Projekt (CDR PW), Take Two (TTWO US), Nintendo (7974 JT), Electronic Arts (EA US), Warner Bros. Discovery (WBD US), Microsoft (MSFT US), Tencent (700 HK), NetEase (NTES US), The Pokemon Company (pvt), Kadokawa (9468 JT)
Main Points
 Tokyo shares close slightly lower despite strong economic data, as wait-and-see mood dominates
 December PMI data improves, machinery orders surge
 Video games industry round-up
 Park24: shareholder equity ratio over 30% in FY24, announces dividend hike for FY25
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

Pelham Smithers

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