PSA Today 30 July: BOJ rate decision tomo / Q1s for Capcom, tech names, Nissan Hino, Zeon, Astellas, HCM / Q1 previews for Dely, ZOZO / Corning effect on Fujikura / MARI, M&ACP Q3s - Nikkei 225 -0.05% | ¥$148.07

PSA Today Japan Market Comment by Pelham Smithers, Joel Scheiman, Julie Boote, William Nestuk, Thao Nguyen and Hiroyuki Terada
Tags: Shimano (7309 JT), Keyence (6861 JT), NEC Corp (6701 JT), NRI (4307 JT), Fujitsu (6702 JT), TIS (3626 JT), Hitachi (6501 JT), Advantest (6857 JT), Corning (GLW US), Fujikura (5803 JT), Sumitomo Pharma (4506 JT), Capcom (9697 JT), Nintendo (7974 JT), Tencent (700 HK), Take Two (TTWO US), Anritsu (6754 JT), Panasonic (6752 JT), Fujitsu (6702 JT), Kyocera (6971 JT), Zeon Corp (4205 JT), Nissan Motor (7201 JT), Hino Motors (7205 JT), Toyota Motor (7203 JT), Daimler Trucks (DTG DR), Hitachi Construction Machinery (6305 JT), Komatsu (6301 JT), Deere (DE US), Astellas Pharma (4503 JT), Dely (299A JT), TikTok (pvt), ZOZO (3092 JT), M&A Capital Partners (6080 JT), M&A Research Institute (9552 JT)
Main Points
 Japan shares mark time ahead of BoJ decision amid missed results
 Capcom FY25 Q1 OP +91% YoY, beats expectations
 Tech results round-up
 Zeon’s modest FY25 upward revision
 Nissan operating loss less than consensus on model mix, one-time gains
 Hino reports sharp drop in FY25 Q1 sales, OP up on cost savings
 Fujikura new high on strong Corning Q2
 HCM cuts full-year OP guidance by -14%
 Astellas FY25 Q1 OP +87% YoY
 Dely’s FY25 Q1 preview
 ZOZO’s FY25 Q1 preview
 M&A Capital Partners: Fewer larger-sized deals FY25 Q3
 M&A Research Institute FY25 Q3 OP -65% YoY