Pelham Smithers Associates Ltd - PSA Today 5 Aug: Moderate gains / Composite PMI 5-month high / Analyst comments on Q1s for Bandai Namco, Mazda, Suzuki, MHI, Daikin, DTS / Previewing JMDC Q1 / Mercaris FY25 – Nikkei 225 +0.64% | ¥$147.18

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Pelham Smithers Associates Ltd

Julie Boote ...

Lindsay Whipp
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 5 Aug: Moderate gains / Composite PMI 5-month high / Analyst comments on Q1s for Bandai Namco, Mazda, Suzuki, MHI, Daikin, DTS / Previewing JMDC Q1 / Mercari's FY25 – Nikkei 225 +0.64% | ¥$147.18

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk, Thao Nguyen and Lindsay Whipp
Tags: Palantir Technologies (PLTR US), Corning (GLW US), Furukawa Electric (5801 JT), Sumitomo Electric (5802 JT), Fujikura (5803 JT), Rohm (6963 JT), Fuji Electric (6504 JT), Tokyo Seimitsu (7729 JT), Tokyo Electron (8035 JT), Disco (6146 JT), LY Corp (4689 JT), Hitachi (6501 JT), Nintendo (7974 JT), Konami (9766 JT), Bandai Namco (7832 JT), MHI (7011 JT), ThyssenKrupp (TKA GY), Eisai (4523 JT), Mazda Motor (7261 JT), Nissan Motor (7201 JT), Suzuki Motor (7269 JT), Daikin (6367 JT), DTS Corp. (9682 JT), JMDC (4483 JT), Mercari (4385 JT)
Main Points
 Tokyo posts moderate gains on renewed DC interest, results
 Japan Composite PMI at five-month high
 Bandai Namco FY25 Q1 OP +18% YoY
 Mazda predicts FY25 OP of ¥50bil following FY25 Q1 operating loss of ¥46bil
 Suzuki Motor’s FY25 Q1 OP and NP results beat estimates
 MHI Q1 OP +24% YoY very positive
 Daikin Q1 OP reflects excellent discipline
 DTS outperforms consensus estimates for FY25 Q1
 JMDC: FY25 Q1 preview
 Mercari’s FY25 earnings beat

05/08/2025 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

Julie Boote

Lindsay Whipp

Pelham Smithers

Thao Nguyen

William Nestuk

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PSA Today 5 Aug: Moderate gains / Composite PMI 5-month high / Analyst comments on Q1s for Bandai Namco, Mazda, Suzuki, MHI, Daikin, DTS / Previewing JMDC Q1 / Mercari's FY25 – Nikkei 225 +0.64% | ¥$147.18

PSA Semiconductors / SPE: Tokyo Electron (8035 JT) FY25 Q1 Results Review

PSA Leisure Products: Bandai Namco (7832 JT): FY25 Q1 Results Review

PSA Leisure Facilities: Curves Holdings (7085 JT )– New Format To Be Revealed in October along with New Midterm Plan

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