Pelham Smithers Associates Ltd - PSA Today 22 July: Wall St and shipper results takes the market higher / SQEs NTF move / US CHIPS Act progress / Daikin up and copper down / Solid Q1 from OBC / Substantial outperformance in Q1 for Obic – Nikkei 225 +0.40%

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Pelham Smithers Associates Ltd

Joel Scheiman ...

Pelham Smithers
William Nestuk

PSA Today 22 July: Wall St and shipper results takes the market higher / SQE's NTF move / US CHIPS Act progress / Daikin up and copper down / Solid Q1 from OBC / Substantial outperformance in Q1 for Obic – Nikkei 225 +0.40%

Japan Market Comment by Pelham Smithers, Joel Scheiman, and William Nestuk
Tags: Obic (4684 JT), Chugai Pharmaceutical (4519 JT), Roche (ROG SW), Disco (6146 JT), ASML (ASML NA), Tokyo Electron (8035 JT), Advantest (6857 JT), Nippon Yusen (9101 JT), Mitsui OSK (9104 JT), Kawasaki Kisen (9107 JT), Bandai Namco (7832 JT), Square Enix (9684 JT), Capcom (9697 JT), Lawson (2651 JT), Tokyo Steel (5423 JT), Ubisoft (UBI FP), Microsoft (MSFT US), Intel (INTC US), Taiwan Semiconductor Mfg. Co. (2330 TT), Samsung Electronics (005930 KS), GlobalWafers (6488 TT), Shin-Etsu Chemical (4063 JT), Sumco (3436 JT), JSR (4185 JT), Tokyo Ohka Kogyo (4186 JT), Fujifilm Holdings (4901 JT), Hoya (7741 JT), Adeka (4401 JT), Fujimi Inc (5384 JT), Daikin Industries (6367 JT), Obic Business Consultants (4733 JT)
Main Points
• Tokyo climbs on Wall St gains, shipping sector numbers
• Square Enix in NFT move
• US CHIPS Act progress could brighten sentiment
• Daikin up as copper down
• Solid FY22 Q1 results from OBC
• Substantial FY22 Q1 outperformance from Obic

22/07/2022 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

William Nestuk

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PSA Today 22 July: Wall St and shipper results takes the market higher / SQE's NTF move / US CHIPS Act progress / Daikin up and copper down / Solid Q1 from OBC / Substantial outperformance in Q1 for Obic – Nikkei 225 +0.40%

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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