Report
Hiroyuki Terada ...
  • Joel Scheiman
  • Julie Boote
  • Lindsay Whipp
  • Nia Dokova
  • Pelham Smithers
  • William Nestuk

PSA Today 7 Nov: Tech-laden Nikkei 225 falls on Trump tariff concerns / Sony PS5 Pro review and FY24 Q2 preview / Results for Mazda, Nissan, Fujikura, NTT Data, Shimadzu, Moriya Transport – Nikkei 225 -0.25% | ¥$153.82

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk, Lindsay Whipp, Hiroyuki Terada and Nia Dokova
Tags: Komatsu (6301 JT), KHI (7012 JT), Disco (6146 JT), Lasertec (6920 JT), Screen (7735 JT), Keio Corp (9008 JT), Toray (3401 JT), Taisei (1801 JT), Fujifilm Holdings (4901 JT), Daikin (6367 JT), Sysmex (6869 JT), Moriya Transportation Engineering and Manufacturing (6226 JT), Bandai Namco (7832 JT), IHI (7013 JT), JMDC (4483 JT), Mazda (7261 JT), Nissan Motor (7201 JT), Mitsubishi Motors (7211 JT), Sony (6758 JT), Take Two (TTWO US), Apple (AAPL US), Mazda Motor (7261 JT), Fujikura (5803 JT), NTT Data (9613 JT), Nomura Research Institute (4307 JT), Shimadzu (7701 JT)
Main Points
 Japan shares generally higher, but tech-laden Nikkei 225 declines on Trump tariff concerns
 Sony launches PS5 Pro to mixed reviews
 Sony FY24 Q2 preview
 Mazda cuts FY24 guidance on higher incentives
 Nissan announces major restructuring on a slump in FY24 Q2 profits; revises down full-year guidance
 Daikin pushed strong selling products
 Fujikura raises full-year OP by 17%
 NTT Data OP blows through consensus estimates in FY24 Q2
 Shimadzu upwards revision beats consensus
 Moriya Transportation E&M revises up
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
Hiroyuki Terada

Joel Scheiman

Julie Boote

Lindsay Whipp

Nia Dokova

Pelham Smithers

William Nestuk

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