Pelham Smithers Associates Ltd - PSA Today 26 Oct: Wall Street, domestic earnings help / Game console sales / Canon 3Q / Capcom 2Q / Cement / CyberAgents miss / Cybozu sales, Obic 2Q, OBC 1H – Nikkei 225 +0.67%

Report

Pelham Smithers Associates Ltd

Joel Scheiman ...

Lindsay Whipp
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 26 Oct: Wall Street, domestic earnings help / Game console sales / Canon 3Q / Capcom 2Q / Cement / CyberAgent's miss / Cybozu sales, Obic 2Q, OBC 1H – Nikkei 225 +0.67%

Japan Market Comment by Pelham Smithers, Joel Scheiman, William Nestuk, Thao Nguyen and Lindsay Whipp
Tags: Shimano (7309 JT), Obic (4684 JT), Cybozu (4776 JT), Recruit (6098 JT), Money Forward (3994 JT), Freee KK (4478 JT), SRE Holdings (2980 JT), Canon Marketing (8060 JT), Canon (7751 JT), Xerox (XRX US), Eisai (4523 JT), Biogen (BIIB US), JCR Pharmaceuticals (4552 JT), Shin-Etsu Polymer (7970 JT), Nintendo (7974 JT), Sony (6758 JT), Microsoft (MSFT US), Square Enix (9684 JT), Ubisoft (UBI FP), Activision (ATVI US), Nikon (7731 JT), Capcom (9697 JT), Netflix (NFLX US), Anycolor (5032 JT), Koei Tecmo (3635 JT), Renesas (6723 JT), Toyota Motor (7203 JT), TSMC (2330 TT), Denka (4061 JT), Taiheiyo Cement (5233 JT), Tosoh (4042 JT), UBE Corp (4208 JT), Hitachi Construction Machinery (6305 JT), Komatsu (6301 JT), CyberAgent (4751 JT), Mixi (2121 JT), GungHo Online Entertainment (3765 JT), DeNA (2432 JT), Gree (3632 JT), Nexon (3659 JT), Pasona Group (2168 JT), Obic Business Consultants (4733 JT), NFLX US
Main Points
• Tokyo shares trade higher on Wall Street gains, strong domestic earnings
• Game console sales -12% YoY in week to 15 Oct
• Canon 3Q FY22 OP +39% YoY
• Capcom 2Q FY22 OP +85% YoY
• Denka to cede cement to Taiheiyo Cement
• HCM results well ahead of consensus; positive readacross for Komatsu’s this Friday
• CyberAgent’s FY23 forecast misses consensus
• Cybozu monthly sales disappoint
• Obic beats FY22 Q2 market expectations slightly
• OBC FY22 H1 OP and sales decline

26/10/2022 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

Lindsay Whipp

Pelham Smithers

Thao Nguyen

William Nestuk

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PSA Today 26 Oct: Wall Street, domestic earnings help / Game console sales / Canon 3Q / Capcom 2Q / Cement / CyberAgent's miss / Cybozu sales, Obic 2Q, OBC 1H – Nikkei 225 +0.67%

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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