Pelham Smithers Associates Ltd - PSA Today Apr 13: Switchback market / Panasonics batteries / March machine tool orders / Surprise at Diamond Electric IR effort / Considering Heroz and PKSHA – Nikkei +0.72%

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Pelham Smithers Associates Ltd

Lindsay Whipp ...

Pelham Smithers
William Nestuk

PSA Today Apr 13: Switchback market / Panasonic's batteries / March machine tool orders / Surprise at Diamond Electric IR effort / Considering Heroz and PKSHA – Nikkei +0.72%

Japan Market Comment by Pelham Smithers, William Nestuk and Lindsay Whipp
Nikkei ¥29,751.61 (+¥212.88 / +0.72%); Topix ¥1,958.55 (+¥3.96 / +0.20%); ¥/$109.54
Tags: Shiseido (4911 JT), Takashimaya (8233 JT), J Front Retailing (3086 JT), West Japan Railway (9021 JT), ANA (9202 JT), Nvidia (NVDA US), Shinko Electric (6967 JT), Ibiden (4062 JT), Hitachi (6501 JT), Toshiba (6502 JT), Tesla (TSLA US), Panasonic (6752 JT), LG Chem (051910 KS), CATL (300750 CH), Fanuc (6954 JT), Yaskawa Electric (6506 JT), Diamond Electric (6699 JT), Heroz (4382 JT), Takenaka Corp, Monex Group (8698 JT), Bandai Namco (7830 JT), PKSHA Technology (3993 JT), AI Inside (4488 JT)
Main Points
• Tokyo higher as market again reverses a previous day’s move
• Panasonic claims advantage in making 4680 batteries
• March machine tool orders +21% MoM / +65% YoY
• Diamond Electric to hold earnings call on June 7!
• Heroz top line suffers under Covid; PKSHA compared

13/04/2021 5 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

Lindsay Whipp

Pelham Smithers

William Nestuk

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PSA Today Apr 13: Switchback market / Panasonic's batteries / March machine tool orders / Surprise at Diamond Electric IR effort / Considering Heroz and PKSHA – Nikkei +0.72%

PSA Research & Consulting Services: BayCurrent (6532 JT) Update 2025

PSA Media & Entertainment: Square Enix (9684 JT) – Back in Play

PSA Today 1 May: Gains as BoJ leaves rates unch, dollar, bonds up / Genki Hoya / ZOZO FY24, FY25 guidance miss / Healthcare round-up / Nxera interest / Insource April KPIs – Nikkei 225 +1.13% | ¥$144.48

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