Report
Julie Boote ...
  • Lindsay Whipp
  • Nia Dokova
  • Pelham Smithers
  • Thao Nguyen

PSA Today 5 Feb: Higher after Earnings / Bandai Namco Q3 OP +412% YoY / Wages Up / Toyota Guidance Raised / Daikin Disappoints / Kakaku Revisit / GA Technologies Share Offering / TIS Beat / Shimadzu Q3 – Nikkei 225 +0.09% | ¥$153.28

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Thao Nguyen, Lindsay Whipp and Nia Dokova
Tags: Nissan Motor (7201 JT), Honda Motor (7267 JT), Toyota (7203 JT), Panasonic (6752 JT), Bandai Namco (7832 JT), Mitsubishi Electric (6503 JT), Astellas (4503 JT), Tokyo Seimitsu (7729 JT), Ibiden (4062 JT), Nintendo (7974 JT), Square Enix (9684 JT), Sega Sammy (6460 JT), Daikin (6367 JT), Kakaku.com (2371 JT), GA Technologies (3491 JT), TIS (3626 JT), NTT Data (9613 JT), Nomura Research Institute (4307 JT), Shimadzu (7701 JT)
Main Points
 Tokyo shares mostly higher as earnings, autos to the fore
 Average wages +4.8% YoY in December as bonuses rise
 Bandai Namco FY24 Q3 OP ¥65.6bil +412% YoY
 Toyota raises FY24 guidance
 Daikin Q3 OP +2% YoY disappoints
 Kakaku.com: A revisit
 GA Technologies issues new shares for an international offering
 TIS Inc FY24 Q3 OP beats consensus estimates but no upward revision
 Shimadzu announces FY24 3Q earnings
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
Julie Boote

Lindsay Whipp

Nia Dokova

Pelham Smithers

Thao Nguyen

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