Pelham Smithers Associates Ltd - PSA Today 26 Oct: Following Wall Street higher, yen helps / Shinko electrics 2Q / Canon revises down / Nidecs Q2 / HCMs Q2 – Nikkei 225 +1.77%

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Pelham Smithers Associates Ltd

Joel Scheiman ...

Julie Boote
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 26 Oct: Following Wall Street higher, yen helps / Shinko electric's 2Q / Canon revises down / Nidec's Q2 / HCM's Q2 – Nikkei 225 +1.77%

Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk and Thao Nguyen
Tags: Panasonic (6752 JT), Tesla (TSLA US), Canon (7751 JT), Canon Marketing (8060 JT), Seiko Epson (6724 JT), Konica Minolta (4902 JT), Brother Industries (6448 JT), Ricoh (7752 JT), Nikon (7731 JT), Koei Tecmo (3635 JT), Konami (9766 JT), Square Enix (9684 JT), Shin-Etsu Chemical (4063), Shin-Etsu Polymer (7970), Trend Micro (4704 JT), Shinko Electric (6967 JT), Intel (INTC US), Ibiden (4062 JT), Ajinomoto (2802 JT), Toshiba (6502 JT), Nidec (6594 JT), Hitachi Construction Machinery (6305 JT), Deere & Co (DE US)
Main Points
• Tokyo higher on Wall St, yen moves
• Shinko Electric 2Q OP +361% YoY
• Canon revises down
• Nidec releases decent set of Q2 results, raises forecast
• HCM Q2 neutral but mining recovery and price hikes bode well for FY22

26/10/2021 6 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

Julie Boote

Pelham Smithers

Thao Nguyen

William Nestuk

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PSA Today 26 Oct: Following Wall Street higher, yen helps / Shinko electric's 2Q / Canon revises down / Nidec's Q2 / HCM's Q2 – Nikkei 225 +1.77%

PSA Today 28 Apr: Sentiment uptick / FY24s for Hitachi, NEC / Socionext woes / TDK, Komatsu: weak FY25 guidance / Toyota Industries to be taken private? / JMDC preview / CUC FY25 guidance conservative – Nikkei 225 +0.38% | ¥$143.83

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

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