Pelham Smithers Associates Ltd - PSA Today 5 Feb: Higher on Nasdaq gains, earnings optimism / FY23 Q3 results for SQE, Tokyo Seimitsu, Astellas, Omron / FY23 Q3 previews for Toyota, IIJ, JES – Nikkei 225 +0.54% | ¥$148.37

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Pelham Smithers Associates Ltd

Hiroyuki Terada ...

Julie Boote
Lindsay Whipp
Nia Dokova
Pelham Smithers

PSA Today 5 Feb: Higher on Nasdaq gains, earnings optimism / FY23 Q3 results for SQE, Tokyo Seimitsu, Astellas, Omron / FY23 Q3 previews for Toyota, IIJ, JES – Nikkei 225 +0.54% | ¥$148.37

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Lindsay Whipp, Hiroyuki Terada and Nia Dokova
Tags: Seiko Epson (6724 JT), Murata Mfg (6981 JT), Panasonic (6752 JT), Mizuho Financial Group (8411 JT), Aozora Bank (8304 JT), Mitsui Fudosan (8801 JT), Oriental Land (4661 JT), Square Enix (9684 JT), Embracer (EMBRACB SS), Tencent (700 HK), Nexon (3659 JT), Capcom (9697 JT), Tokyo Seimitsu (7729 JT), Disco (6146 JT), Astellas Pharma (4503 JT), Seagen (SGEN US), Takeda (4503 JT), Sumitomo Phara (4506 JT), Ono Pharmaceutical (4528 JT), Chugai Pharmaceutical (4519 JT), Otsuka (4578 JT), Omron (6645 JT), Toyota Motor (7203 JT), Daihatsu, Internet Initiative Japan (3774 JT), Japan Elevator Service (6544 JT)
Main Points
• Tokyo shares higher on Nasdaq gains, earnings optimism
• Square Enix FY23 Q3 OP +15% YoY
• Tokyo Seimitsu FY23 Q3 OP -60% YoY, revises up
• Astellas Pharma FY23 Q3 OP -72% YoY, revises down
• Omron FY23 3Q OP -81% YoY, revises down
• Preview: solid FY23 Q3 results expected for Toyota
• IIJ FY23 Q3 preview
• JES FY23 Q3 preview

05/02/2024 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

Lindsay Whipp

Nia Dokova

Pelham Smithers

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PSA Today 5 Feb: Higher on Nasdaq gains, earnings optimism / FY23 Q3 results for SQE, Tokyo Seimitsu, Astellas, Omron / FY23 Q3 previews for Toyota, IIJ, JES – Nikkei 225 +0.54% | ¥$148.37

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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