PSA Today 6 Feb: Up on Sox / Earnings / Renesas Q4 / TEL Q3 / Nikon Q3 / Suzuki FY24 / Honda-Nissan on brink / JMDC Q3 / Kakaku Q3 / Mercari Q2 / Intermestic KPIs / Amvis Q1 – Nikkei 225 +0.61% | ¥$152.57

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Thao Nguyen, Lindsay Whipp and Hiroyuki Terada
Tags: Sony (6758 JT), Toyota Motor (7203 JT), Mitsubishi Electric (6503 JT), Renesas (6723 JT), Tokyo Electron (8035 JT), Kokusai Electric (6525 JT), Tokyo Seimitsu (7729 JT), Bandai Namco (7832 JT), Konami (9766 JT), Capcom (9697 JT), Sega Sammy (6460 JT), Square Enix (9684 JT), Nissan Motor (7201 JT), Honda Motor (7267 JT), Fuji Film (4901 JT), Tosoh (4042 JT), Organo Corp (6368 JT), Sumitomo Chemical (4005 JT), Shinto Paint (4615 JT), Dai Nippon Toryo (4611 JT), TSMC (2330 TT), Samsung (005930 KS), Intel (INTC US), Applied Materials (AMAT US) Nikon (7731 JT), Canon (7751 JT), Suzuki Motor (7269 JT), Maruti Suzuki (MSIL IN), Mitsubishi Motors (7211 JT), Apple (AAPL US), Alphabet (GOOG US), Uber (UBER US), Tesla (TSLA US), Renault (RNO FP), JMDC (4483 JT), Kakaku.com (2371 JT), Mercari (4385 JT), Timee (215A), Intermestic (262A), Amvis (7071 JT), Sunwells (9229 JT)
Main Points
 Tokyo shares gain on earnings, SOX
 Renesas FY24 (Dec) Q4 AOI ¥75.4bil −35% YoY
 Tokyo Electron FY24 Q3 OP ¥200bil +51% YoY
 Nikon FY24 Q3 OP ¥2.3bil -89% YoY, revises down
 Suzuki raises FY24 guidance numbers
 Honda Nissan deal on the brink of collapse
 JMDC FY24 Q3 OP misses consensus estimates, sends shares sharply lower
 Kakaku.com’s Q3 earnings beat; keeps guidance unchanged
 Mercari’s Q2 earnings beat; keeps guidance unchanged
 Intermestic Jan KPIs
 Amvis Q1 FY25 Results