Pelham Smithers Associates Ltd - PSA Today 4 Sep: Nasdaq rise offsets Nidec, LDP woes / Nidecs accounting irregularities / Reviewing accounting issues with Chinese subsidiaries / PS5 Slim just for Europe / New ad campaign for Intermestic – Nikkei 225 +1.53% | ¥$148.17

Report

Pelham Smithers Associates Ltd

Hiroyuki Terada ...

Julie Boote
Pelham Smithers

PSA Today 4 Sep: Nasdaq rise offsets Nidec, LDP woes / Nidec's accounting irregularities / Reviewing accounting issues with Chinese subsidiaries / PS5 Slim just for Europe / New ad campaign for Intermestic – Nikkei 225 +1.53% | ¥$148.17

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote and Hiroyuki Terada
Tags: Fujikura (5803 JT), Advantest (6857 JT), Zozo (3092 JT), Kajima (1812 JT), Sony (6758 JT), Eisai (4523 JT), IHI (7013 JT), Biogen (BIIB US), Furukawa Electric (5801 JT), Sumitomo Electric (5802 JT), Nidec Corp (6594 JT), Rohm (6963 JT), Nikon (7731 JT), Ricoh (7752 JT), Ernst & Young ShinNihon (pvt), Olympus (7733 JT), Hitachi (6501 JT), Panasonic (6752 JT), Fujitsu (6702 JT), Toshiba (unlisted), Itochu (8001 JT), Lasertec (6920 JT), SMC (6273 JT), Jig-Saw (3914 JT), Intermestic (262A JT)
Main Points
 Tokyo shares gain as Nasdaq rise offsets Nidec, LDP woes
 Nidec shares offered only [-¥700 / -22%] on further accounting irregularities
 Accounting issues at Chinese subsidiaries rear their head again
 Sony to bring out downgraded PS5 Slim for just Europe?
 Intermestic releases new ad campaign for SUNCUT Glasses autumn version with Ren Meguro

04/09/2025 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

Hiroyuki Terada

Julie Boote

Pelham Smithers

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PSA Today 4 Sep: Nasdaq rise offsets Nidec, LDP woes / Nidec's accounting irregularities / Reviewing accounting issues with Chinese subsidiaries / PS5 Slim just for Europe / New ad campaign for Intermestic – Nikkei 225 +1.53% | ¥$148.17

PSA Autos / New Mobility: Isuzu (7202 JT) Facing Challenges in FY25 and Beyond

PSA IT Services: Japanese Banking Industry’s Investment in DX Deepens

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