PSA Today 9 May: Buoyed by good results / Nintendo's Q4 / Checks for Rohm and Taiyo Yuden / MMC's weak guidance / Hmmm Daikin – Nikkei 225 +1.01%
Main Points• Strong results, improving sentiment see Japan shares gain 1%.
• Nintendo FY22 Q4 OP -22% YoY.
• Rohm, Taiyo Yuden forecast falling OP
• MMC FY23 profit guidance below estimates
• Daikin Up 11 straight days but earnings in-line; Europe outperforms
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.
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