Pelham Smithers Associates Ltd - PSA Today 22 Feb: Lower on US rate hike earnings concerns / Shunto outcome / Toyota to build EVs in US / Mixed moves for Komatsu, Daikin / Anycolor’s Nijisanji vs Gree’s REALITY / Cybozu Jan sales – Nikkei 225 -1.34%

Report

Pelham Smithers Associates Ltd

Julie Boote ...

Lindsay Whipp
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 22 Feb: Lower on US rate hike & earnings concerns / Shunto outcome / Toyota to build EVs in US / Mixed moves for Komatsu, Daikin / Anycolor’s Nijisanji vs Gree’s REALITY / Cybozu Jan sales – Nikkei 225 -1.34%

Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk, Thao Nguyen, and Lindsay Whipp
Tags: Makita (6586 JT), Sumitomo Forestry (1911 JT), Lixil (5938 JT), Rinnai (5947 JT), Toto (5332 JT), Apple (AAPL US), Murata (6981 JT), SoftBank Group (9984 JT), Sony (6758 JT), Nintendo (7974 JT), Activision (ATVI US), Nvidia (NVDA US), Renesas (6723 JT), Toyota Motor (7203 JT), Hyundai Motor (005380 KS), Kia Corp (000270 KS), Komatsu (6301 JT), Daikin Industries (6367 JT), AnyColor (5032 JT), Gree (3632 JT), Cover Corporation, Cybozu (4776 JT), Freee KK (4478 JT)
Main Points
• Tokyo shares slide on US rate hike, earnings concerns
• Attention growing on Shunto outcome
• Toyota to build EVs in the US
• Komatsu gives back gains but Daikin firm
• Anycolor’s Nijisanji vs Gree’s REALITY
• Cybozu January sales a little disappointing, but OPM highest in nearly three years

22/02/2023 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

Julie Boote

Lindsay Whipp

Pelham Smithers

Thao Nguyen

William Nestuk

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PSA Today 22 Feb: Lower on US rate hike & earnings concerns / Shunto outcome / Toyota to build EVs in US / Mixed moves for Komatsu, Daikin / Anycolor’s Nijisanji vs Gree’s REALITY / Cybozu Jan sales – Nikkei 225 -1.34%

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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