Pelham Smithers Associates Ltd - PSA Today 3 Aug: A slide on big earnings day / Chinas next video game crackdown? / Tech sector results / Nintendos Switch OLED / Results for Showa Denko, Tosoh, Subaru, Daikin / New Money Forward shares – Nikkei 225 %

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Pelham Smithers Associates Ltd

Alexander Boote ...

Joel Scheiman
Julie Boote
Lindsay Whipp
Pelham Smithers
William Nestuk

PSA Today 3 Aug: A slide on big earnings day / China's next video game crackdown? / Tech sector results / Nintendo's Switch OLED / Results for Showa Denko, Tosoh, Subaru, Daikin / New Money Forward shares – Nikkei 225 %

Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk, Lindsay Whipp and Alex Boote
Tags: Mitsui & Co (8031 JT), Subaru (7270 JT), Tencent (700 HK), NetEase (9999 HK), Nexon (3659 JT), Koei Tecmo (3635 JT), Lasertec (6920 JT), Advantest (6857 JT), Disco (6146 JT), Ebara (6361 JT), GCA Corp (2174 JT), Alibaba (9988 HK), Tokyo Seimitsu (7729 JT), SRE Holdings (2980 JT), Fujimi (5384 JT), Shinko Electric (6967 JT), JSR Corp (4185 JT), Seiko Epson (6724 JT), Brother Industries (6448 JT), Nintendo (7974 JT), Valve, Showa Denko (4004 JT),Tosoh (4042 JT), Daikin (6367 JT), Money Forward (3994 JT)
Main Points
• Japan shares slide ahead of big earnings release day
• China video game crackdown worries resume following op ed piece
• Tech sector results on Tuesday
• Nintendo’s Switch OLED receives its first reviews
• Chilly reception to Showa Denko and Tosoh
• Subaru lowers production forecast, maintains earnings guidance
• Daikin’s record quarterly OP: Q1 ¥109.4bil (+100.4% YoY)
• Money Forward to issue new shares to foreign investors to pay for business expansion

03/08/2021 7 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

Alexander Boote

Joel Scheiman

Julie Boote

Lindsay Whipp

Pelham Smithers

William Nestuk

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PSA Today 3 Aug: A slide on big earnings day / China's next video game crackdown? / Tech sector results / Nintendo's Switch OLED / Results for Showa Denko, Tosoh, Subaru, Daikin / New Money Forward shares – Nikkei 225 %

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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