Pelham Smithers Associates Ltd - PSA Today 2 Nov: Flirting with 32,000 / FY23 Q2s for KDDi, Dexerials, UBE, KH Neochem, Subaru / Grees FY24 Q1 / Previewing IIJs Q2 – Nikkei 225 +1.10% | ¥$150.46

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Pelham Smithers Associates Ltd

Joel Scheiman ...

Julie Boote
Lindsay Whipp
Pelham Smithers
Thao Nguyen

PSA Today 2 Nov: Flirting with 32,000 / FY23 Q2s for KDDi, Dexerials, UBE, KH Neochem, Subaru / Gree's FY24 Q1 / Previewing IIJ's Q2 – Nikkei 225 +1.10% | ¥$150.46

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, Thao Nguyen and Lindsay Whipp
Tags: Nippon Steel (5401 JT), Rohm (6963 JT), Advanced Micro Devices (AMD US), Nvidia (NVDA US), Advantest (6857 JT), Disco (6146 JT), Shin-Etsu Chemical (4063 JT), Sumco (3436 JT), Toyota Motor (7203 JT), Subaru (7270 JT), Tosoh (4042 JT), Daicel (4202 JT), KDDI (9433 JT), Rakuten (4755 JT), Dexerials (4980 JT), UBE Corp (4208 JT), KH Neochem (4189 JT), Gree (3632 JT), Internet Initiative Japan (3774 JT), NTT Data (9613 JT), TIS Inc (3626 JT), Nomura Research Institute (4307 JT), SCSK (9719 JT), Obic Business Consultants (4733 JT)
Main Points
• Nikkei 225 toys with 32,000 level as AI shows its positive side
• KDDI FY23 Q2 OP +12% YoY
• Positive response to Dexerials earnings
• UBE Corp revises down on weak nylon markets
• KH Neochem details supply chain troubles
• Subaru raises FY23 guidance on currency
• Gree’s FY24 Q1 OP -22.6% YoY
• IIJ: FY23 Q2 preview

02/11/2023 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

Lindsay Whipp

Pelham Smithers

Thao Nguyen

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PSA Today 2 Nov: Flirting with 32,000 / FY23 Q2s for KDDi, Dexerials, UBE, KH Neochem, Subaru / Gree's FY24 Q1 / Previewing IIJ's Q2 – Nikkei 225 +1.10% | ¥$150.46

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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