Pelham Smithers Associates Ltd - PSA Today 18 May: Gains / Sony plan to spin off financial services / Renesas to up chip output / Take Twos GTA6 / Titanium names gyrating / Hot for Daikin / iStyle falls – Nikkei 225 +1.60% | ¥$137.50

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Pelham Smithers Associates Ltd

Joel Scheiman ...

Julie Boote
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 18 May: Gains / Sony plan to spin off financial services / Renesas to up chip output / Take Two's GTA6 / Titanium names gyrating / Hot for Daikin / iStyle falls – Nikkei 225 +1.60% | ¥$137.50

Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk and Thao Nguyen
Tags: Samsung Electronics (005930 KS), Tokyo Electron (8035 JT), Lasertec (6920 JT), Shin-Etsu Chemical (4063 JT), Hoya (7741 JT), Renesas (6723 JT), Sony (6758 JT), Canon (7751 JT), Toyota Motor (7203 JT), West Japan Railway (9021 JT), Eisai (4523 JT), Asahi Group (2502 JT), Hitachi (6501 JT), NEC (6701 JT), Ricoh (7752 JT), Disney (DIS US), Warner Bros Discovery (WBD US), Apple (AAPL US), Universal Music Group (UMG NA), Vivendi (VIV FP), Activision (ATVI US), Zee Entertainment (Z IN), Take Two Interactive (TTWO US), Embracer (EMBRACB SS), Toho Titanium (5727 JT), Osaka Titanium (5726 JT), Daikin (6367 JT), Istyle (3660 JT), Amazon Japan
Main Points
• Japan shares make further gains on back of Wall Street gains overnight, share buyback news
• Sony to (fully) spin off financial services unit?
• Renesas to up automotive chip output by +10% by 2026
• Take Two sets likely timetable for GTA 6
• Toho and Osaka Titanium: what a difference accounting makes
• Daikin hot on heat and foreign buying
• Istyle sold off in light of recent run-up

18/05/2023 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

Pelham Smithers

Thao Nguyen

William Nestuk

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PSA Today 18 May: Gains / Sony plan to spin off financial services / Renesas to up chip output / Take Two's GTA6 / Titanium names gyrating / Hot for Daikin / iStyle falls – Nikkei 225 +1.60% | ¥$137.50

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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