Pelham Smithers Associates Ltd - PSA Today 25 Oct: Sunday general election a drag / Tokyo CPI / Video game round-up / Results for Shin-Etsu, Fanuc, Chugai / Ube, HCM revise down / Previewing NRI Q2 – Nikkei 225 -0.60% | ¥$151.84

Report

Pelham Smithers Associates Ltd

Joel Scheiman ...

Lindsay Whipp
Nia Dokova
Pelham Smithers
William Nestuk

PSA Today 25 Oct: Sunday general election a drag / Tokyo CPI / Video game round-up / Results for Shin-Etsu, Fanuc, Chugai / Ube, HCM revise down / Previewing NRI Q2 – Nikkei 225 -0.60% | ¥$151.84

PSA Today Japan Market Comment by Pelham Smithers, Joel Scheiman, William Nestuk, Lindsay Whipp and Nia Dokova
Tags: Canon (7751 JT), Fujitsu General (6755 JT), Shin-Etsu Chemical (4063 JT), Shin-Etsu Polymer (7970 JT), Konica Minolta (4902 JT), Ricoh (7752 JT), Fanuc (6954 JT), Hitachi Construction Machinery (6305 JT), Misumi (9962 JT), Tokyo Steel (5423 JT), Chugai Pharm (4519 JT), Roche (ROG VX), Tokyo Metro (9023 JT), Rigaku (268A JT), Sony (6758 JT), Nintendo (7974 JT), Bandai Namco (7832 JT), Bohemia Interactive (pvt), Amazon (AMZN US), Game Science (pvt), Electronic Arts (EA US), Capcom (9697 JT), Microsoft (MSFT US), Rebel Wolves (pvt), CD Projekt (CDR PW), NetEase (NTES US), NCSoft (036570 KS), Epic (pvt), UBE Corp (4208 JT), Komatsu (6301 JT), Nomura Research Institute (4307 JT)
Main Points
• Japan shares slide ahead of General Election on Sunday
• Tokyo CPI – Inflation: now you don’t see it… now you do…
• Video games round-up
• Shin-Etsu Chemical reports strong Q2, stays conservative
• UBE Corp revises down H1 on restructuring
• Fanuc Q2 OP 20% above consensus
• HCM cuts FY24 OP by 9%
• NRI FY24 Q2 preview
• Chugai’s FY24 Q3 results ahead of consensus

25/10/2024 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

Lindsay Whipp

Nia Dokova

Pelham Smithers

William Nestuk

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PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk, Thao Nguyen, Hiroyuki Terada and Nia Dokova Tags: Yaskawa Electric (6506 JT), Fanuc (6954 JT), TDK (6762 JT), Murata (6981 JT), Apple (AAPL US), Renesas (6723 JT), Fujikura (5803 JT), Appier (4180 JT), NTT Data (9613 JT), OpenAI (pvt), Nintendo (7974 JT), Konami (9766 JT), Bandai Namco (7832 JT), Rakuten (4755 JT), AST SpaceMobile (ASTS US), Sega Sammy (6460 JT), Capcom (9697 JT), Koei Tecmo (3635 JT), Konami (9766 JT), Marvelous (7844 JT), Square Enix (9684 JT), Sony (6758 JT), Nidec (6594 JT), Sumitomo Rubber ...

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PSA Media & Entertainment: Nintendo (7974 JT) – a PSA 2025 Q2 Focus List Constituent – Switching Systems

In the last month, Nintendo has unveiled the Switch 2 and has set the launch date [5 Jun] and the launch price [US$449.99], all the while handling tariff uncertainty. It has done a decent job on all fronts. The console is currently selling at a premium on ebay.co.uk and the games like Mario Kart World have got the thumbs-up from influencers and commentators. However, while we like the third-party element, which should boost the lifetime tie-ratio, we are uncertain over whether there is enough wow factor with the new system for it to take Nintendo to a whole new level. While we see the Switch 2...

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PSA Today 25 Oct: Sunday general election a drag / Tokyo CPI / Video game round-up / Results for Shin-Etsu, Fanuc, Chugai / Ube, HCM revise down / Previewing NRI Q2 – Nikkei 225 -0.60% | ¥$151.84

PSA Media & Entertainment: Nintendo (7974 JT) Reports 2.2mil Customers in Japanese Lottery for Switch 2

PSA Today 24 April: Tech hardware bid up / April PPI / Nintendo Switch2 demand / Nidec FY24 / Hino / Sumitomo Rubber hikes prices in US / Chugai Q1 beat / Insource revises up – Nikkei 225 +0.49% | ¥$142.71

PSA Media & Entertainment: Nintendo (7974 JT) – a PSA 2025 Q2 Focus List Constituent – Switching Systems

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