Pelham Smithers Associates Ltd - PSA Today 8 Nov: Market up on MA, buybacks and Wall St gains / Nintendo, NTT Q2s / Strong guidance from Suzuki / Komatsu, HCM and COP27 / Daikin and Daifuku lift FY OP / Smaller losses for Base Inc / NTT Data Q2 – Nikkei 225 +1.25%

Report

Pelham Smithers Associates Ltd

Julie Boote ...

Lindsay Whipp
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 8 Nov: Market up on M&A, buybacks and Wall St gains / Nintendo, NTT Q2s / Strong guidance from Suzuki / Komatsu, HCM and COP27 / Daikin and Daifuku lift FY OP / Smaller losses for Base Inc / NTT Data Q2 – Nikkei 225 +1.25%

Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk, Thao Nguyen and Lindsay Whipp –
Tags: Daiichi Life (8750 JT), ipet Holdings (7339 JT), Square Enix (9684 JT), Nintendo (7974 JT), Capcom (9697 JT), Hitachi Zosen (7004 JT), Unicharm (8113 JT), Taiyo Yuden (6976 JT), NTT (9432 JT), KDDI (9433 JT), SoftBank Corp (9434 JT), Sony (6758 JT), Microsoft (MSFT US), SoftBank Corp (9434 JT), Suzuki Motor (7269 JT), Hitachi Construction Machinery (6305 JT), Komatsu (6301 JT), Daikin Industries (6367 JT), Daifuku (6383 JT), TSMC (2330 TT), BASE Inc (4477 JT), NTT Data (9613 JT)
Main Points
• M&A, share buybacks, Wall St gains boost Japan equities
• Nintendo 2Q FY22 OP +18% YoY
• NTT 2Q FY22 OP -6% YoY
• Suzuki boost FY22 profit guidance
• Komatsu and HCM rise on COP 27 discord
• Daikin ups FY22 OP guidance to ¥363bil (from ¥350bil); DPS to ¥220 (from ¥200)
• Daifuku Q2 OP beats guidance by ¥0.5bil; lifts FY22 OP guidance by ¥0.5bil
• BASE Inc’s Q3 loss smaller than expected
• NTT Data FY22 Q2 OP misses market expectations while sales beat

08/11/2022 1 EN

Provider

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.

See profile

Analysts

Julie Boote

Lindsay Whipp

Pelham Smithers

Thao Nguyen

William Nestuk

Other Reports from Pelham Smithers Associates Ltd

Joel Scheiman ... (+4)

Joel Scheiman
Julie Boote
Lindsay Whipp
Pelham Smithers

PSA Today 30 Jun: Quarter ends on high note / Industrial production for May / LDP popularity improves / Video games round-up / Oracle Japan FY24 results – Nikkei 225 +0.84% | ¥$143.95

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and Lindsay Whipp Tags: Toho (9602 JT), Disney (DIS US), SoftBank Group (9984 JT), OpenAI (pvt), Olympus (7733 JT), Sekisui Chemical (4204 JT), Metaplanet (3350 JT), Remixpoint (3825 JT), Ceres (3696 JT), SBI Holdings (8473 JT), GMO Internet Group (9449 JT), Capcom (9697 JT), Gumi (3903 JT), Nintendo (7974 JT), Bandai Namco (7832 JT), Subaru (7270 JT), Mazda Motor (7261 JT), Sony (6758 JT), Sega Sammy (6460 JT), CD Projekt (CDR PW), Warner Bros Discovery (WBD US), Kepler Interactive (pvt), Front Studio (pvt), Oracle...

1h / 11m 1h / 11m 1 EN

Hiroyuki Terada ... (+7)

Hiroyuki Terada
Joel Scheiman
Julie Boote
Lindsay Whipp
Pelham Smithers
Thao Nguyen
William Nestuk

The PSA Research Round-Up for the Week to 27 June 2025

Weekly Comment Summary Sony is facing a class action lawsuit in the Netherlands over its PlayStation ecosystem. While it may not lose the case, this is not good news at a time when positives are starting to disappear. Pelham Smithers assesses the storm clouds gathering over the company. PSA Weekly Contents at a Glance Reports / Flash Notes Summaries 1. DTS (9682 JT) – Don’t Dismiss the Dull in the Age of DX 2. PSA’s Updated Video Game Rankings 3. Small- / Mid-Caps Quarterly (Mar to May) Results Preview Company / Sector / Thematic Comments Technology: Consum...

June 27, 2025 June 27, 2025 1 EN

Joel Scheiman ... (+5)

Joel Scheiman
Julie Boote
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 27 Jun: Tech propels Nikkei 225 above 40,000 / June Tokyo CPI / Switch 2 take-up / Nidec's country of origin issues / Genki Fujikura / Komatsu sought – Nikkei 225 +1.43% | ¥$144.34

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk and Thao Nguyen Tags: Disco (6146 JT), Lasertec (6920 JT), TDK (6762 JT), Alps Alpine (6770 JT), Hitachi (6501 JT), Sakura Internet (3778 JT), Datasection (3905 JT), SRE Holdings (2980 JT), PKSHA (3993 JT), Sony (6758 JT), Sega Sammy (6460 JT), Yokohama Rubber (5101 JT), Bridgestone (5108 JT), Timee (215A JT), CyberAgent (4751 JT), Nintendo (7974 JT), Marvelous (7844 JT), Ubisoft (UBI FP), CD Projekt (CDR PW), Nidec (6594 JT), Fujikura (5803 JT), Komatsu (6301 JT), Hitachi Construction Machinery (63...

June 27, 2025 June 27, 2025 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

PSA Today 8 Nov: Market up on M&A, buybacks and Wall St gains / Nintendo, NTT Q2s / Strong guidance from Suzuki / Komatsu, HCM and COP27 / Daikin and Daifuku lift FY OP / Smaller losses for Base Inc / NTT Data Q2 – Nikkei 225 +1.25%

PSA Today 30 Jun: Quarter ends on high note / Industrial production for May / LDP popularity improves / Video games round-up / Oracle Japan FY24 results – Nikkei 225 +0.84% | ¥$143.95

The PSA Research Round-Up for the Week to 27 June 2025

PSA Today 27 Jun: Tech propels Nikkei 225 above 40,000 / June Tokyo CPI / Switch 2 take-up / Nidec's country of origin issues / Genki Fujikura / Komatsu sought – Nikkei 225 +1.43% | ¥$144.34

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe