Pelham Smithers Associates Ltd - PSA Today 23 Jan: Shares up, bond yields down / Considering Japans inflation / Video Games / Readacross from Chugais use of AI agency / Kinden at 7th record high in a row / Net Protections using Kintone / TKP mtg feedback – Nikkei 225 +0.

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Pelham Smithers Associates Ltd

Hiroyuki Terada ...

Julie Boote
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 23 Jan: Shares up, bond yields down / Considering Japan's inflation / Video Games / Readacross from Chugai's use of AI agency / Kinden at 7th record high in a row / Net Protections using Kintone / TKP mtg feedback – Nikkei 225 +0.

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Will Nestuk, Thao Nguyen and Hiroyuki Terada
Tags: Intel (INTC US), Advantest (6857 JT), Tokyo Seimitsu (7729 JT), Disco (6146 JT), Kioxia (285A JT), Kokusai Electric (6525 JT), Nintendo (7974 JT), Capcom (9697 JT), Konami (9766 JT), Sony (6758 JT), Nexon (3659 JT), Tokyo Electric Power (9501 JT), Japan Steel Works (5631 JT), MHI (7011 JT), IHI (7013 JT), Toyota Industries (6201 JT), Elliott Investment Management (pvt), Toyota Motor (7203 JT), Microsoft (MSFT US), Electronic Arts (EA US), Take-Two Interactive (TTWO US), TPG (pvt), Sega Sammy (6460 JT), Pearl Abyss (263750 KS), Ubisoft (UBI FP), Chugai Pharmaceutical (4519 JT), SkillsUpNext (pvt), Hitachi (6501 JT), NEC (6701 JT), Fujitsu (6702 JT), Canon (7751 JT), SRE Holdings (2980 JT), KLab (3656 JT), Rakuten Group (4755 JT), Amazon (AMZN US), LY Corp (4689 JT), NTT (9432 JT), Fast Retailing (9983 JT), Nissan Motor (7201 JT), Kao (4452 JT), Lion (4912 JT), Kikkoman (2802 JT), Meiji (2269 JT), Ricoh (7752 JT), Shift (3697 JT), BayCurrent (6532 JT), ExaWizards (4259 JT), PKSHA (3993 JT), Kinden (1944 JT), Kansai Electric Power (9503 JT) CyrusOne (CONE US), Net Protections Holdings (7383 JT), Cybozu (4776 JT), PCA Corp (9629 JT), TKP (3479 JT), Lilycolor (9827 JT), Novarese (9160 JT), Recruit (6098 JT)
Main Points
 Japan shares gain as long bond yields fall on low CPI, neutral BoJ
 Is the worst over for Japanese inflation
 Video game round-up
 Chugai Pharm sees benefits from AI agency utilization – AI readthrough for Japanese stocks in general
 Kinden hits new listing high for 7th consecutive day
 Net Protections to further integrate into Kintone ecosystem
 TKP meeting takeaway

23/01/2026 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

Hiroyuki Terada

Julie Boote

Pelham Smithers

Thao Nguyen

William Nestuk

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PSA Today 23 Jan: Shares up, bond yields down / Considering Japan's inflation / Video Games / Readacross from Chugai's use of AI agency / Kinden at 7th record high in a row / Net Protections using Kintone / TKP mtg feedback – Nikkei 225 +0.

The PSA Research Round-Up for Week to 23 January 2026

PSA Hotels & Leisure: Kyoritsu Maintenance (9616 JT): CB Conversion Done

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