Pelham Smithers Associates Ltd - PSA Today 2 Feb: Mixed on Fed hike, dom tech results / 3Qs for Sony, Murata, Panasonic, Ibiden / 3Qs for Hino and MMC / Z Holdings 3Q – Nikkei 225 +0.20%

Report

Pelham Smithers Associates Ltd

Joel Scheiman ...

Julie Boote
Pelham Smithers
Thao Nguyen

PSA Today 2 Feb: Mixed on Fed hike, dom tech results / 3Qs for Sony, Murata, Panasonic, Ibiden / 3Qs for Hino and MMC / Z Holdings' 3Q – Nikkei 225 +0.20%

Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, and Thao Nguyen
Tags: M3 (2413 JT), Hitachi (6501 JT), Keyence (6861 JT), Mitsubishi Electric (6503 JT), Kakaku.com (2371 JT), Sumitomo Chemical (4005 JT), Mitsubishi Chemical Group (4188 JT), Mitsui Chemicals (4183 JT), Tosoh (4042 JT), Sony (6758 JT), Murata (6981 JT), Panasonic (6752 JT), Ibiden (4062 JT), Shinko Electric (6967 JT), Hino Motors (7205 JT), Toyota Motor (7203 JT), Mitsubishi Motors (7211 JT), Z Holdings (4689 JT)
Main Points
• Mixed session as market digests Fed news, awaits domestic tech results
• Sony FY22 Q3 OP ¥429bil (-8% YoY)
• Murata FY22 Q3 OP ¥77.3bil (-32% YoY)
• Panasonic FY22 Q3 OP ¥84.5bil (+14% YoY)
• Ibiden FY22 Q3 OP ¥19.8bil (+2% YoY)
• Hino reports FY22 Q3 sales and OP ahead of consensus
• Mitsubishi Motors’ FY22 Q3 results beat estimates, but sales are weakening
• Z Holdings’ Q3 sales miss; to merge with LINE and Yahoo Japan

02/02/2023 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

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PSA Today 2 Feb: Mixed on Fed hike, dom tech results / 3Qs for Sony, Murata, Panasonic, Ibiden / 3Qs for Hino and MMC / Z Holdings' 3Q – Nikkei 225 +0.20%

The PSA Research Round-Up for the Week to 27 June 2025

PSA Today 27 Jun: Tech propels Nikkei 225 above 40,000 / June Tokyo CPI / Switch 2 take-up / Nidec's country of origin issues / Genki Fujikura / Komatsu sought – Nikkei 225 +1.43% | ¥$144.34

PSA Technology / IC Materials: Implications for IC Materials Sector as DC Capex Forecasts Rise

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