Pelham Smithers Associates Ltd - PSA Today 20 May: Marking time, assessing results / A compare and contrast of Taiyo Yuden and Murata / Confident Fujimi – Nikkei +0.19%

Report

Pelham Smithers Associates Ltd

Joel Scheiman ...

Pelham Smithers

PSA Today 20 May: Marking time, assessing results / A compare and contrast of Taiyo Yuden and Murata / Confident Fujimi – Nikkei +0.19%

Japan Market Comment by Pelham Smithers and Joel Scheiman
Nikkei ¥28,098.25 (+¥53.80 / +0.19%); Topix ¥1,895.92 (+¥0.68 / +0.04%); ¥/$109.10
Tags: SoftBank Group (9984 JT), Blackrock (BLK US), Adani Green (ADANIGR IN), Deutsche Telekom (DTE GY) T-Mobile (TMUS US), Mitsui Mining & Smelting (5706 JT), NEC (6701 JT), Tokio Marine Holdings (8766 JT), Sompo Holdings (8630 JT), Greensill, Nippon Steel (5401 JT), JFE Holdings (5411 JT), ANA Holdings (9202 JT), Freee KK (4478 JT), WealthNavi (7342 JT), Money Forward (3994 JT), Toyota Motor (7203 JT), Panasonic (6752 JT),Murata (6981 JT), Taiyo Yuden (6976 JT), Resonant (RESN US), Samsung Electronics (005930 KS), Apple (AAPL US), Fujimi Inc. (5384 JT), Taiwan Semiconductor (2330 TT), Intel (INTC US)
Main Points
• Market marks time as results season is assessed
• Murata vs Taiyo Yuden: What Now
• Fujimi is sounding confident

20/05/2021 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

Pelham Smithers

Other Reports from Pelham Smithers Associates Ltd

Hiroyuki Terada ... (+6)

Hiroyuki Terada
Joel Scheiman
Julie Boote
Lindsay Whipp
Pelham Smithers
William Nestuk

PSA Today 28 Apr: Sentiment uptick / FY24s for Hitachi, NEC / Socionext woes / TDK, Komatsu: weak FY25 guidance / Toyota Industries to be taken private? / JMDC preview / CUC FY25 guidance conservative – Nikkei 225 +0.38% | ¥$143.83

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk, Lindsay Whipp and Hiroyuki Terada Tags: Toyota Motor (7203 JT), Toyota Industries (6201 JT), Namura Shipbuilding (7014 JT), Mitsui E&S (7003 JT), Anritsu (6754 JT), Advantest (6857 JT), Disco (6146 JT), Tokyo Seimitsu (7729 JT), ARE Holdings (5857 JT), Shin-Etsu Chemical (4063 JT), Sakura Internet (3778 JT), Daiwa Securities (8601 JT), Japan Exchange (8697 JT), Sumitomo Heavy (6302 JT), Nitto Denko (6988 JT), Hitachi (6501 JT), NEC Corp (6701 JT), Socionext (6526 JT), ZTE (763 HK), TDK (6762 JT), ...

13h / 32m 13h / 32m 1 EN

Hiroyuki Terada ... (+8)

Hiroyuki Terada
Joel Scheiman
Julie Boote
Lindsay Whipp
Nia Dokova
Pelham Smithers
Thao Nguyen
William Nestuk

The PSA Research Round-Up for the Two-Week Period Covering 11~25 April 2025

Weekly Comment Summary Two weeks ago, we wrote here about how US trade policy was generating a very “top down” market. Since then, uncertainty has replaced fear, and this has led to a very “bottom up" market, with the winners those delivering good / better-than-expected news, explains Pelham Smithers. PSA Company Visits, Tours and Interviews Visited: TKP (3479 JT), JINS Holdings (3046 JT), Treasure Factory (3093 JT), Koshidaka Holdings (2157 JT) 1-1 Call with: Insource (6200 JT) Presentations at: Shin-Etsu Chemical (4063 JT), Nitto Denko (6988 JT), Fujifilm Holdings (4901 JT), Zeon Corp...

April 25, 2025 April 25, 2025 1 EN

Hiroyuki Terada

Hiroyuki Terada

PSA Broadline Retail: Treasure Factory (3093 JT): Inbound Sales Still Solid in Q1

Second-hand retailer Treasure Factory has an advantage over mainstream luxury goods retailers, explains analyst Hiroyuki Terada in this update which adjusts PSA’s forecasts downwards and introduces our FY27 numbers.

April 25, 2025 April 25, 2025 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

PSA Today 20 May: Marking time, assessing results / A compare and contrast of Taiyo Yuden and Murata / Confident Fujimi – Nikkei +0.19%

PSA Today 28 Apr: Sentiment uptick / FY24s for Hitachi, NEC / Socionext woes / TDK, Komatsu: weak FY25 guidance / Toyota Industries to be taken private? / JMDC preview / CUC FY25 guidance conservative – Nikkei 225 +0.38% | ¥$143.83

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

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe