PSA Today 27 Jan: Two-way on rate hike, DeepSeek / Jan 31 macro dump / DeepSeek! / Koei Tecmo Q3 / Nidec progress / Q3s: Fanuc, HCM, Obic, OBC / Genki Eisai / Insource Q1 – Nikkei 225 -0.92% | ¥$155.93

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk, Lindsay Whipp, Hiroyuki Terada and Nia Dokova
Tags: KDDI (9433 JT), Tobu Railway (9001 JT), Keio Corp (9008 JT), Mitsui Fudosan (8801 JT), Mitsubishi Estate (8802 JT), GA Technologies (3491 JT), SRE Holdings (2980 JT), Fujikura (5803 JT), Furukawa Electric (5801 JT), Nvidia (NVDA US), Advantest (6857 JT), Disco (6146 JT), Fujifilm Holdings (4901 JT), Nitto Denko (6988 JT), Bandai Namco (7832 JT), Koei Tecmo (3635 JT), Bridgestone (5108 JT), Tokai Carbon (5301 JT), High-Flyer (pvt), Meta Platforms (META US), ByteDance (pvt), Baidu (BIDU US), Alibaba (BABA US), Advanced Micro Devices (AMD US), Nidec (6594 JT), Stellantis (STLA US), Fanuc (6954 JT), HCM (6305 JT), Komatsu (6301 JT), Obic (4684 JT), Obic Business Consultants (4733 JT), Money Forward (3994 JT), Freee KK (4478 JT), Eisai (4523 JT), Biogen (BIIB US), Terumo (4543 JT), Sysmex (6869 JT), Insource (6200 JT)
Main Points
 Rate hike, DeepSeek concerns lead to two-way session as Nikkei 225 falls, Topix gains
 Should the Bank of Japan have raised rates? Economic data read-outs on Friday [31 Jan] may give clues
 DeepSeek to the fore
 Koei Tecmo FY24 Q3 results
 Nidec predicts earnings improvements in several subdivisions
 Fanuc FY24Q3 OP -14% YoY
 HCM FY24Q3 OP -17% YoY
 Obic FY24 Q3 results miss expectations but divided raised
 Obic Business Consultants FY24 Q3 results augur well for beating its full-year forecasts
 Eisai’s continued rise
 Insource FY25 Q1 results