Report
Hiroyuki Terada ...
  • Julie Boote
  • Lindsay Whipp
  • Pelham Smithers

PSA Today 4 Dec: Healthy bond auction, robotics focus, deliver strong market / Global 2025 Q3 SPE shipments / Sansan moving to AI-powered SaaS / Intermestic Nov KPIs – Nikkei 225 +2.33% | ¥$154.86

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Lindsay Whipp and Hiroyuki Terada
Tags: Medtronic (MDT US), Fanuc (6954 JT), Yaskawa Electric (6506 JT), SoftBank Group (984 JT), Keyence (6861 JT), Kawasaki Heavy (7012 JT), Omron (6645 JT), Taiyo Yuden (6976 JT), SMC (6273 JT), Rohm (6963 JT), Murata (6981 JT), Renesas (6723 JT), Harmonic Drive Systems (6324 JT), Nabtesco (6268 JT), Nippon Thompson (6480 JT), Nachi-Fujikoshi (6474 JT), Hamamatsu Photonics (6965 JT), Cyberdyne (7779 JT), Suzuki Motor (7269 JT), Mercari (4385 JT), Otsuka Holdings (4578 JT), Nippon Shinyaku (4516 JT), Capricor Therapeutics (CAPR US), Sansan (4443 JT), Appier (4180 JT), Money Forward (3994 JT), Intermestic (262A JT), Sanrio (8136 JT)
Main Points
 Japan shares surge on strong bond auction, robotics theme
 Global SPE shipments in 2025 Q3 +11% YoY
 Sansan adds AI-powered automatic reconciliation function to Bill One
 Intermestic November KPIs
Provider
Pelham Smithers Associates Ltd
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. 

Analysts
Hiroyuki Terada

Julie Boote

Lindsay Whipp

Pelham Smithers

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