Pelham Smithers Associates Ltd - PSA Today 3 July : Large-cap share surge / Tankan / Japan June auto strength / Ferrotec sales / Daikin successes / Money Forward embraces employees entrepreneurship – Nikkei 225 +1.70% | ¥$144.70

Report

Pelham Smithers Associates Ltd

Julie Boote ...

Lindsay Whipp
Pelham Smithers
William Nestuk

PSA Today 3 July : Large-cap share surge / Tankan / Japan June auto strength / Ferrotec sales / Daikin successes / Money Forward embraces employees' entrepreneurship – Nikkei 225 +1.70% | ¥$144.70

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk and Lindsay Whipp
Tags: Lasertec (6920 JT), Tokyo Electron (8035 JT), Shin-Etsu Chemical (4063 JT), Renesas (6723 JT), Disco (6146 JT), MEC (4971 JT), Torex Semiconductor (6616 JT), Heroz (4382 JT), SRE Holdings (2980 JT), Z Holdings (4689 JT), Google (GOOG US), Naver (035420 KS), Sony (6758 JT), Disney (DIS US), Apple (AAPL US), Murata (6981 JT), Taiyo Yuden (6976 JT), Toyota Motor (7203 JT), Hino Motors (7205 JT), Isuzu Motors (7202 JT), Honda Motor (7267 JT), Nissan Motor (7201 JT), Suzuki Motor (7269 JT), Mitsubishi Motors (7211 JT), Subaru (7270 JT), Daikin (6367 JT), Ferrotec (6890 JT), Lam Research (LRCX US), Applied Materials (AMAT US), Money Forward (3994 JT), Rakuten (4755 JT)
Main Points
• Japan large cap shares surge on US gains, improving Tankan
• Readthrough from the Tankan
• Strong June auto sales growth in Japan
• Daikin at listing highs: US heat pumps
• Ferrotec sales to LAM Research doubled in FY22
• Money Forward invests in employee’s AI start-up

03/07/2023 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

Julie Boote

Lindsay Whipp

Pelham Smithers

William Nestuk

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PSA Today 3 July : Large-cap share surge / Tankan / Japan June auto strength / Ferrotec sales / Daikin successes / Money Forward embraces employees' entrepreneurship – Nikkei 225 +1.70% | ¥$144.70

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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