PSA Today Apr 28 : Exporters rise, March retail sales strong / 4Qs for Sony, Murata, Hitachi / Hino caution / HCM sees China excavator market -23% YoY / Denso on chip shortage / NRI's FY21e ahead of consensus / Cybozu: firm March sales –
Contributions from Pelham Smithers, Julie Boote, William Nestuk and Lindsay WhippNikkei ¥29,053.97 (+¥62.08 / +0.21%); Topix ¥1,909.06 (+¥5.51 / +0.29%); Mothers ¥1,211.31 (-¥10.3/ -0.85%); ¥/$109.04
Tags: Japan Aviation Electronics, (6807 JT), Fuji Electric (6504 JT), Sanyo Denki (6516 JT), Shinko Electric (6967 JT) Anritsu (6754 JT), Kyocera (6971 JT), Denso (6902 JT), Toyota Boshoku (3116 JT), Toagosei (4045 JT), Aisin Corp (7259 JT),Toyota Industries (6201 JT), Sony (6758 JT), NEC (6701 JT), NEC Networks & System (1973 JT), Murata Mfg (6981 JT), Hitachi (6501 JT), Hitachi Metals (5486 JT), Hino Motors (7205 JT), Hitachi Construction Machinery (6305 JT), Komatsu (6301 JT), Nabtesco (6268 JT), Sany Heavy Ind (600031 CH), Renesas Electronics (6723 JT), Nomura Research Institute (4307 JT), Nomura Holdings (8604 JT), NTT Data (9613 JT), TIS Inc (3626 JT), Cybozu (4766 JT)
Main Points
• Strong performance from exporters, March retail sales; results a focus
• Sony 4Q FY20 OP +88% YoY
• Murata 4Q FY20 OP +41% YoY
• Hitachi 4Q FY20 beats
• Hino releases cautious FY21 sales outlook
• HCM: is the FY21 China excavator market -23% YoY forecast too bearish?
• Denso says chip shortage will be resolved by July
• NRI forecasts FY21 OP and sales ahead of market expectations
• Cybozu March total sales accelerate, Cloud sales slow a little
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.