Pelham Smithers Associates Ltd - PSA Today 3 June: Slightly lower on yen strength / Considering Sonys movie strategy / Bandais Elden Ring Nightreign player number / Toyota Industries buyout details / IHI gets another upgrade – Nikkei 225 -0.06% | ¥$142.91

Report

Pelham Smithers Associates Ltd

Joel Scheiman ...

Julie Boote
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 3 June: Slightly lower on yen strength / Considering Sony's movie strategy / Bandai's Elden Ring Nightreign player number / Toyota Industries buyout details / IHI gets another upgrade – Nikkei 225 -0.06% | ¥$142.91

PSA Today Japan Market Comment by Pelham Smithers, Joel Scheiman, Thao Nguyen, Julie Boote and William Nestuk
Tags: Socionext (6526 JT), KHI (7012 JT), IHI (7013 JT), Mitsubishi Electric (6503 JT), Sumitomo Heavy (6302 JT), SMC (6273 JT), Daiichi Sankyo (4568 JT), KHK (4151 JT), JCR Pharma (4552 JT), Novo Nordisk (NOVOB DC), Sumitomo Pharma (4506 JT), Workman (7564 JT), Kyoritsu Maintenance (9616 JT), Japan Elevator Service (6544 JT), Shimizu Construction (1803 JT), Resonac (4004 JT), Sony (6758 JT), Bandai Namco (7832 JT), Kadokawa (9468 JT), Toyota Industries (6201 JT), Toyota Motor (7203 JT), Toyota Fudosan (pvt), Denso (6902 JT), Aisin (7259 JT) and Toyota Tsusho (8015 JT), MHI (7011 JT), Fujitsu (6702 JT)
Main Points
 Japan shares broadly lower as yen strength sidelines participants
 Is making mid-budget movies enough for Sony?
 Elden Ring Nightreign player numbers start to slip
 Toyota Industries buyout details announced
 IHI target price upgrade to ¥16,500

03/06/2025 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

Pelham Smithers

Thao Nguyen

William Nestuk

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PSA Today 3 June: Slightly lower on yen strength / Considering Sony's movie strategy / Bandai's Elden Ring Nightreign player number / Toyota Industries buyout details / IHI gets another upgrade – Nikkei 225 -0.06% | ¥$142.91

PSA Capital Goods: Moriya Transportation Engineering & Maintenance (6226 JT) – Solid Repairs Continue

PSA Today 5 Jun: 30-yr bond auction disappoints, tech up / Launch of the Switch2 / Issues around TOY industries TOB / Net Protections / Santen myopia drug for EU – Nikkei 225 -0.51% | ¥143.07

PSA Financial Services: SBI Holdings (8473 JT) – Migrating from Star Broker to Star Banker

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