Pelham Smithers Associates Ltd - PSA Today 3 Feb: A slide on tech play worries / Sonys live service reveal / Nintendo, Nikon 3Qs / Toyota hopes for Aisin and Denso / ZHDs 3Q / Mercaris Q2 loss – Nikkei 225 -1.06%

Report

Pelham Smithers Associates Ltd

Joel Scheiman ...

Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 3 Feb: A slide on tech play worries / Sony's live service reveal / Nintendo, Nikon 3Qs / Toyota hopes for Aisin and Denso / ZHD's 3Q / Mercari's Q2 loss – Nikkei 225 -1.06%

Japan Market Comment by Pelham Smithers, Joel Scheiman, William Nestuk and Thao Nguyen
Tags: Meta Platforms (FB US), Murata (6981 JT), Sony (6758 JT), M3 Inc (2413 JT), Panasonic (6752 JT), Keyence (6861 JT), Nidec (6594 JT), Daiichi Sankyo (4568 JT), Lasertec (6920 JT), Advantest (6857 JT), Shin-Etsu Chemical (4063 JT), Tokyo Electron (8035 JT), Fujimi (5384 JT), Denso (6902 JT), Toyota Motor (7203 JT), Canon (7751 JT), Shokubai (4114 JT), Mitsubishi Chemical Holdings (4188 JT), Mitsui Chemicals (4183 JT), Tosoh (4042 JT), Apple (AAPL US), Epic Games, Amazon (AMZN US), Capcom (9697 JT), Square Enix (9684 JT), Nintendo (7974 JT), Microsoft (MSFT US), Nikon (7731 JT), ASML (ASML NA), Aisin (7259 JT), Z Holdings (4689 JT), Mercari (4385 JT)
Main Points
• Tokyo shares slide amid software tech earnings worries
• Sony’s live service reveal
• Nintendo 3Q FY21 OP +10%
• Nikon 3Q FY21 OP +50% YoY
• Aisin and Denso rise on Toyota hopes
• Z Holdings’ FY21 guidance revised up to meet consensus
• Mercari generates operating loss in FY22 Q2

03/02/2022 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

Pelham Smithers

Thao Nguyen

William Nestuk

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PSA Today 3 Feb: A slide on tech play worries / Sony's live service reveal / Nintendo, Nikon 3Qs / Toyota hopes for Aisin and Denso / ZHD's 3Q / Mercari's Q2 loss – Nikkei 225 -1.06%

PSA Autos /New Mobility: The Case for Honda (7267 JT) over Toyota (7203 JT)

PSA Today 1 July: Tariff worries / Capcom's rich showcase / The case for Honda over TOY / Fujikura, Melco listing highs / Insource June KPIs – Nikkei 225 -1.24% | ¥$143.62

PSA Japan Stock Market Strategy for 2025 Q3

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