PSA Today 6 Nov: Up as rate expectations reverse / Canon's low priced new litho tools / Strong Q2 for MHI, though Defence earnings outlook timid / New blue-chip client for ExaWizards' low-code AI product – Nikkei 225 +2.37% | ¥$149.59
PSA Today Japan Market Comment by Pelham Smithers, Joel Scheiman, William Nestuk and Lindsay WhippTags: Sumitomo Electric (5802 JT), NEC (6701 JT), KDDI (9433 JT), Internet Initiative Japan (3774 JT), Sony (6758 JT), Nintendo (7974 JT), Mitsubishi Heavy (7011 JT), JSR (4185 JT), Canon (7751 JT), ASML (ASML NA), TSMC (2330 TT), Samsung Electronics (005930 KS), Nvidia (NVDA US), Kawasaki Heavy Industries (7012 JT), ExaWizards (4259 JT), Dai-Ichi Life Holdings (8750 JT)
Main Points
• Japan shares soar as interest rate expectations go into reverse
• Canon to price new litho tools with “one digit less”
• MHI strong FY23 Q2 OP but timid defence earnings guidance
• ExaWizards wins first blue-chip client for low-code AI product
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.