Pelham Smithers Associates Ltd - PSA Today 31 May: Global worries depress the market / Electronic components hopes / Hino surges / Daikins plans / ExaWizards and NS Solutions / Cybozus monthly sales – Nikkei 225 -1.41% | ¥$139.45

Report

Pelham Smithers Associates Ltd

Julie Boote ...

Lindsay Whipp
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 31 May: Global worries depress the market / Electronic components hopes / Hino surges / Daikin's plans / ExaWizards and NS Solutions / Cybozu's monthly sales – Nikkei 225 -1.41% | ¥$139.45

Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk, Thao Nguyen and Lindsay Whipp
Tags: Advantest (6857 JT), Hino Motors (7205 JT), Daimler Truck (DTG GR), Isuzu Motor (7202 JT), SmartDrive (5137 JT), TRaaS On Product (6696 JT), ExaWizards (4259 JT), NS Solutions (2327 JT), Visional (4194 JT), GA Technology (3491 JT), Jones Lang Lasalle (JLL US), Shinko Electric (6967 JT), Tokyo Ohka Kogyo (4186 JT), Murata (6981 JT), TDK (6762 JT), Toyota Motor (7203 JT), Daikin (6367 JT), Carrier Global (CARR US), Trane Technologies (TT US), Nippon Steel (5401 JT), DataRobot, Cybozu (4776 JT), Kyocera (6971 JT)
Main Points
• Tokyo shares follow Asian markets lower on US political concerns, global economic worries
• Signs of improvement for electronic components industry
• Hino’s share surge on Mitsubishi Fuso merger announcement
• Daikin surprises on FY25 OP guidance with aggressive ¥500bil target
• ExaWizards forms business partnership with NS Solutions
• Cybozu continues producing unexciting monthly sales growth

31/05/2023 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

Thao Nguyen

William Nestuk

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PSA Today 31 May: Global worries depress the market / Electronic components hopes / Hino surges / Daikin's plans / ExaWizards and NS Solutions / Cybozu's monthly sales – Nikkei 225 -1.41% | ¥$139.45

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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