Pelham Smithers Associates Ltd - PSA Today 9 Nov: So much in the mix today / Sysmex 2Q / Sep chip data / Nissan, and Honda 2Qs / Daikin concerns / Daifuku momentum / Nexon below consensus – Nikkei 225 -0.56%

Report

Pelham Smithers Associates Ltd

Joel Scheiman ...

Julie Boote
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 9 Nov: So much in the mix today / Sysmex 2Q / Sep chip data / Nissan, and Honda 2Qs / Daikin concerns / Daifuku momentum / Nexon below consensus – Nikkei 225 -0.56%

Japan Market Comment by Pelham Smithers, Joel Scheiman, Julie Boote, William Nestuk, and Thao Nguyen
Tags: Nintendo (7974 JT), Bandai Namco (7832 JT), Kadokawa (9468 JT), DeNA (2432 JT), Daikin Industries (6367 JT), NTT (9432 JT), Renesas Electronics (6723 JT), Tokyo Electron (8035 JT), GlobalFoundries (GFS US), Asahi Kasei (3407 JT), Kaneka (4118 JT), Nitto Boseki (3110 JT), Mitsubishi Gas Chemical (4182 JT), Kuraray (3405 JT), Nippon Shokubai (4114 JT), Sumitomo Seika (4008 JT), Sysmex (6869 JT), Eisai (4523 JT), Hoya (7741 JT), Terumo (4543 |T), Apple, (AAPL US), Nissan Motor (7201 JT), Honda Motor (7267 JT), Toyota Motor (7203 JT), Daifuku (6383 JT), Nexon (3659 JT)
Main Points
• China data, US mid-terms send Tokyo lower after positive start
• Sysmex 2Q FY22 OP +18% YoY
• September chip shipments better than feared
• Nissan Q2 beats estimates, but sees deteriorating Financial Services
• Honda Q2 results lifted by strong motorcycle operations
• Daikin drops 5% on rising costs and FY23 concerns
• Daifuku touches highest level in 2 months on renewed momentum
• Nexon’s FY22 OP target misses consensus

09/11/2022 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

Joel Scheiman

Julie Boote

Pelham Smithers

Thao Nguyen

William Nestuk

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PSA Today 9 Nov: So much in the mix today / Sysmex 2Q / Sep chip data / Nissan, and Honda 2Qs / Daikin concerns / Daifuku momentum / Nexon below consensus – Nikkei 225 -0.56%

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

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