Pelham Smithers Associates Ltd - PSA Today Aug 10:Post holiday gains / DRAM prices slide / IIJs Q1 / MECs Q2 / Sony and VR / Novavax and Fujifilm / Nabtescos costs / GMO FGs Q3 / MDVs raises FY21 forecast – Nikkei 225 +0.24%

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Pelham Smithers Associates Ltd

Alexander Boote ...

Joel Scheiman
Lindsay Whipp
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today Aug 10:Post holiday gains / DRAM prices slide / IIJ's Q1 / MEC's Q2 / Sony and VR / Novavax and Fujifilm / Nabtesco's costs / GMO FG's Q3 / MDV's raises FY21 forecast – Nikkei 225 +0.24%

Japan Market Comment by Pelham Smithers, Joel Scheiman, William Nestuk, Thao Nguyen, Lindsay Whipp and Alex Boote
Tags: Comsys (1721 JT), Lasertec (6920 JT), Harmonic Drive Systems (6324 JT), Sysmex Corp (6869 JT), Will Group (6089 JT), Shionogi (4507 JT), West Japan Railway (9021 JT), ANA Holdings (9202 JT), Bandai Namco Holdings (7832 JT), Sony (6758 JT), Nintendo (7974 JT), Mitsui OSK (9104 JT), Internet Initiative Japan (3774 JT), MEC (4971 JT), Shinko Electric (6967 JT),Valve, Moderna (MRNA US), Merck (MRK US), BioNTech (BNTX US), Novavax (NVAX US), Fujifilm Holdings (4901 JT), Nabtesco (6268 JT), Boeing (BA US), GMO Financial Gate (4051 JT), Sumitomo Mitsui Card Co Ltd, Visa (V US), Mastercard (MA US), Medical Data Vision (3902 JT), M3 Inc (2413 JT), IQVIA Holdings (IQV US), TriNetX, Cybozu (4776 JT), PKSHA Technology (3993 JT)
Main Points
· Positive drug news helps Tokyo to post holiday gains
· DRAM price slide picking up speed
· IIJ 1Q FY21 OP +113% YoY
· MEC 2Q FY21 OP +53% YoY
· Sony’s VR Successor
· Novavax, Fujifilm remain positive on vaccines
· Nabtesco conference call disappoints on costs
· GMO Financial Gate’s FY21 Q3 results
· MDV tweaks forecasts higher on strong FY21 H1, eyes overseas business

10/08/2021 7 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

Alexander Boote

Joel Scheiman

Lindsay Whipp

Pelham Smithers

Thao Nguyen

William Nestuk

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PSA Today Aug 10:Post holiday gains / DRAM prices slide / IIJ's Q1 / MEC's Q2 / Sony and VR / Novavax and Fujifilm / Nabtesco's costs / GMO FG's Q3 / MDV's raises FY21 forecast – Nikkei 225 +0.24%

PSA Today 28 Apr: Sentiment uptick / FY24s for Hitachi, NEC / Socionext woes / TDK, Komatsu: weak FY25 guidance / Toyota Industries to be taken private? / JMDC preview / CUC FY25 guidance conservative – Nikkei 225 +0.38% | ¥$143.83

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

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