Pelham Smithers Associates Ltd - PSA Today 9 Nov: Lower US yields sends Tokyo higher / Sonys Q2 / Nexons Q3 / Q2s for Honda and Nissan / Chemical results at a glance / Daifuku / Conservative Koshidaka – Nikkei 225 +1.49% | ¥150.92

Report

Pelham Smithers Associates Ltd

Hiroyuki Terada ...

Joel Scheiman
Julie Boote
Pelham Smithers
William Nestuk

PSA Today 9 Nov: Lower US yields sends Tokyo higher / Sony's Q2 / Nexon's Q3 / Q2s for Honda and Nissan / Chemical results at a glance / Daifuku / Conservative Koshidaka – Nikkei 225 +1.49% | ¥150.92

PSA Today Japan Market Comment by Pelham Smithers, Joel Scheiman, Julie Boote, William Nestuk and Hiroyuki Terada
Tags: Nintendo (7974 JT), LY Corp (4689 JT), KDDI (9433 JT), Sysmex (6869 JT), Kao (4452 JT), Tokyu Corp (9005 JT), Kuraray (3405 JT), Recruit (6098 JT), Sharp (6753 JT), Ricoh (7752 JT), Sony (6758 JT), Nexon (3659 JT), Nippon Shokubai (4114 JT), Nissha (7915 JT), Resonac (4004 JT), Honda Motor (7267 JT), Toyota Motor (7203 JT), Nissan Motor (7201 JT), Daifuku (6383 JT), Koshidaka (2157 JT)
Main Points Tokyo shares rally on further declines in US treasury yields
• Sony FY23 Q2 OP -29% YoY
• Nexon Q3 OP +47% YoY
• Honda’s FY23 OP upgrade falls short of estimates
• Nissan beats market estimates with FY23 Q2 results and higher guidance numbers
• Chemical / Electronic Materials Results Reactions at a Glance
• Daifuku: better FY24 despite Q2 miss?
• Conservative forecasts at karaoke chain operator Koshidaka

09/11/2023 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

Hiroyuki Terada

Joel Scheiman

Julie Boote

Pelham Smithers

William Nestuk

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PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk, Lindsay Whipp and Nia Dokova Tags: Renesas (6723 JT), Fujikura (5803 JT), Furukawa Electric (5801 JT), Nidec (6594 JT), Fujitsu (6702 JT), Hitachi (6501 JT), NEC Corp (6701 JT), Canon (7751 JT), Shin-Etsu Chemical (4063 JT), Zeon Corp (4205 JT), Tokyo Steel (5423 JT), Daiichi Sankyo (4568 JT), Chugai Pharmaceutical (4519 JT), Advantest (6857 JT), Teradyne (TER US), Lam Research (LRCX US), Tokyo Seimitsu (7729 JT), Ulvac (6728 JT), Nissan Motor (7201 JT), Honda Motor (7267 JT), Hino Motors (7205 JT...

17h / 58m 17h / 58m 1 EN

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PSA Today 9 Nov: Lower US yields sends Tokyo higher / Sony's Q2 / Nexon's Q3 / Q2s for Honda and Nissan / Chemical results at a glance / Daifuku / Conservative Koshidaka – Nikkei 225 +1.49% | ¥150.92

The PSA Research Round-Up for the Two-Week Period Covering 11~25 April 2025

PSA Broadline Retail: Treasure Factory (3093 JT): Inbound Sales Still Solid in Q1

PSA Today 25 Apr: Most of tariff fall recouped now / Tokyo CPI / Analyst articles on Advantest, Nissan, Hino, Denso, HCM, NRI, NTT Data, Chugai, DSK – Nikkei 225 +1.90% | ¥$143.55

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