Report
Julie Boote ...
  • Pelham Smithers
  • Thao Nguyen
  • William Nestuk

PSA Today 8 Feb: Steady ahead of big results day tomorrow / Nexon's 4Q / Bandai's mid-term plan / Nissan raises FY21 guidance / Daifuku edges up / IHI's 3Q / DeNA 3Q miss – Nikkei 225 +0.13%

Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk and Thao Nguyen
Tags: Shionogi (4507 JT), SoftBank Group (9984 JT), Nvidia (NVDA US), NTT (9432 JT), Daikin (6367 JT), Gree (3632 JT), Bandai Namco Holdings (7832 JT), Internet Initiative Japan (3774 JT), Nexon (3659 JT), Toei Animation (4816 JT), Kadokawa (9468 JT), Nissan Motor (7201 JT), Daifuku (6383 JT), IHI (7013 JT), DeNA (2432 JT)
Main Points
• Tokyo trades slightly higher ahead of big results day
• Nexon 4Q FY21 (Dec) OP -81% YoY
• Bandai Namco targets metaverse in new mid-term plan
• Nissan raises FY21 profit guidance numbers
• Daifuku edges up after yesterday’s +10% gain
• IHI Q3 neutral; FY22 nearly covered at ¥115
• DeNA’s FY21 Q3 earnings miss
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
Julie Boote

Pelham Smithers

Thao Nguyen

William Nestuk

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