Report
Julie Boote ...
  • Pelham Smithers
  • William Nestuk

PSA Today 19 July: Shares rallied / Video game console sales fall / M3 preview / Nidec preview / Automation outperforms – Nikkei 225 +0.65%

Japan Market Comment by Pelham Smithers, Julie Boote and William Nestuk
Tags: Daiichi Sankyo (4568 JT), Seagen (SGEN US), Nintendo (7974 JT), Bandai Namco (7832 JT), Nippon Ichi Software (3851 JT), Koei Tecmo (3635 JT), Square Enix (9684 JT), Demae-Can (2484 JT), Mimasu Semiconductor (8155 JT), Hioki EE (6866 JT), Sony (6758 JT), Nintendo (7974 JT), Microsoft (MSFT US), M3 Inc (2413 JT), Nidec (6594 JT), Daifuku (6383 JT), THK (6481 JT), Yaskawa Electric (6506 JT), SMC (6273 JT), Fanuc (6273 JT)
Main Points
• Japan shares rally after long weekend
• Video game console sales down 7% YoY – week to 9 July
• Will M3 disappoint again when reporting 1Q FY22 numbers?
• Nidec shares rise despite weak Q1 FY22 earnings expectations
• Automation picks up; Daifuku highest in 5 weeks
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
Julie Boote

Pelham Smithers

William Nestuk

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