Pelham Smithers Associates Ltd - PSA Today 27 Jan: Solid week ends flat; big week ahead / Koas big Q3 / Q3 results for and HCM and Fanuc / Yaskawas advance / Previewing SREs 3Q – Nikkei 225 +0.07%

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Pelham Smithers Associates Ltd

Joel Scheiman ...

Julie Boote
Lindsay Whipp
Pelham Smithers
William Nestuk

PSA Today 27 Jan: Solid week ends flat; big week ahead / Koa's big Q3 / Q3 results for and HCM and Fanuc / Yaskawa's advance / Previewing SRE's 3Q – Nikkei 225 +0.07%

Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk and Lindsay Whipp
Tags: Shin-Etsu Chemical (4063 JT), Nidec (6594 JT), Panasonic (6752 JT), Suzuki Motor (7269 JT), Tesla (TSLA US), Nitto Denko (6988 JT), Koito Manufacturing (7276 JT), Fanuc (6954 JT), Yaskawa Electric (6506 JT), Koa Corp (6999 JT), Osaka Titanium (5726 JT), Toho Titanium (5727 JT), Boing (BA US), Murata (6981 JT), Rohm (6963 JT), Torex Semiconductor (6616 JT), Hioki EE (6866 JT), Ulvac (6728 JT), Hitachi Construction Machinery (6305 JT), United Rentals (URI US), Komatsu (6301 JT), SMC (6273 JT), Daifuku (6383 JT), SRE Holdings (2980 JT)
Main Points
• Tokyo ends solid week on flat note ahead of key week for earnings, economic data
• Koa 3Q FY22 OP +172% YoY
• HCM’s Q3 OP beats top estimate; very positive for FY23
• Yaskawa recovers ¥5,000 level
• Fanuc’s Q3 OP beats consensus but guidance & commentary weak
• SRE Holdings FY22 Q3 earnings preview

27/01/2023 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

Joel Scheiman

Julie Boote

Lindsay Whipp

Pelham Smithers

William Nestuk

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PSA Today 27 Jan: Solid week ends flat; big week ahead / Koa's big Q3 / Q3 results for and HCM and Fanuc / Yaskawa's advance / Previewing SRE's 3Q – Nikkei 225 +0.07%

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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