Pelham Smithers Associates Ltd - PSA Today 22 May: Soaring through 31,000 on Nikkei 225; G7 a defence stock tailwind / Capcoms Street Fighter 6 / Comments on Daikin, Fujikura, Melco, Fanuc – Nikkei 225 +0.90% | ¥$137.82

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Pelham Smithers Associates Ltd

Pelham Smithers ...

William Nestuk

PSA Today 22 May: Soaring through 31,000 on Nikkei 225; G7 a defence stock tailwind / Capcom's Street Fighter 6 / Comments on Daikin, Fujikura, Melco, Fanuc – Nikkei 225 +0.90% | ¥$137.82

Japan Market Comment by Pelham Smithers and William Nestuk
Tags: Mitsubishi Heavy (7011 JT), Kawasaki Heavy (7012 JT), Advantest (6857 JT), Applied Materials (AMAT US), Lasertec (6920 JT), Ricoh (7752 JT), Toshiba Tec (6588 JT), Canon (7751 JT), Secom (9735 JT), Renesas (6723 JT), Niantic, Capcom (9697 JT), Square Enix (9684 JT), Warner Bros Discovery (WBD US), CyberAgent (4751 JT), Tencent (700 HK), Bandai Namco (7832 JT), Ubisoft (UBI FP), GungHo Online (3765 JT), Sega Sammy (6460 JT), Sony (6758 JT), Konami (9766 JT), Nexon (3659 JT), Koei Tecmo (3635 JT), DeNA (2432 JT), Kadokawa (9468 JT), Nintendo (7974 JT), Mixi (2121 JT), Gravity (GRVY US), Daikin Industries (6367 JT), Fujikura (5803 JT), Corning (GLW US), Mitsubishi Electric (6503 JT), Fanuc (6954 JT), Yaskawa Electric (6506 JT), SMC (6273 JT), Daifuku 6383 JT)
Main Points
• Tokyo shares soar through 31,000 led by G7-boosted defence stocks
• Street Fighter 6 set to face tough competition in 2023
• Daikin up 24 of past 28 sessions
• Fujikura rises 7% on 3-year plan
• Fanuc and Mitsubishi Electric firm

22/05/2023 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

Pelham Smithers

William Nestuk

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PSA Today 22 May: Soaring through 31,000 on Nikkei 225; G7 a defence stock tailwind / Capcom's Street Fighter 6 / Comments on Daikin, Fujikura, Melco, Fanuc – Nikkei 225 +0.90% | ¥$137.82

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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