- Julie Boote
- Lindsay Whipp
- Pelham Smithers
- Thao Nguyen
- William Nestuk
PSA Today 7 Nov: Lower as US treasury yield concerns revived / Japan's interest rate dilemma / Q2 results for Nintendo, Asahi Kasei, Mazda, Suzuki, Daikin, NTT Data / Base Inc's Q3 / IIJ shares bucking the trend – Nikkei 225 -1.34% | $150.4
PSA Today Japan Market Comment by Pelham Smithers, Joel Scheiman, Julie Boote, William Nestuk, Thao Nguyen and Lindsay WhippTags: Ajinomoto (2802 JT), Eisai (4523 JT), Asahi Kasei (3407 JT), Central Glass (4044 JT), Nintendo (7974 JT), Mazda Motor (7261 JT), Suzuki Motor (7269 JT), Maruti Suzuki (MSIL IN), Daikin (6367 JT), Mitsubishi Electric (6503 JT), BASE Inc (4477 JT), Internet Initiative Japan (3774 JT), TIS Inc (3626 JT), NTT Data (9613 JT)
Main Points
• Tokyo shares reverse gains as US treasury yield concerns revived
• Japan’s interest rate dilemma underscored by market moves
• Nintendo FY23 Q2 -20% YoY, revises up FY23 OP
• Asahi Kasei’s Q2 and full-year guidance are well received
• Mazda raises FY23 Forecast on currency
• Suzuki predicts all-time record OP for FY23
• Daikin Q2 OP +3% in line but guidance unchanged
• Base Inc’s FY23 Q3 beats, FY23 guidance revised up
• IIJ squeezes out additional share-price rise despite FY23 Q2 miss
• NTT Data shares fall following FY23 Q2 OP miss
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.