Pelham Smithers Associates Ltd - PSA Today Feb 8: Cyclicals soar on strong results / SoftBank Groups amazing quarter / Bandai Namcos 3Q / Suzuki drops / Daifuku droops / TIS keeps FY intact – Nikkei +2.12%

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Pelham Smithers Associates Ltd

Julie Boote ...

Lindsay Whipp
Pelham Smithers
William Nestuk

PSA Today Feb 8: Cyclicals soar on strong results / SoftBank Group's amazing quarter / Bandai Namco's 3Q / Suzuki drops / Daifuku droops / TIS keeps FY intact – Nikkei +2.12%

Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk and Lindsay Whipp
Nikkei ¥29,388.50 (+¥609.31 / +2.12%); Topix ¥1923.95 (+¥33.00/ +1.75%); ¥/$105.61
Tags: Nippon Steel (5401 JT), Kobe Steel (5406 JT), Daifuku (6383 JT), Jig-Saw Inc (3914 JT), NTT (9432 JT), Internet Initiative Japan (3774 JT), Sharp (6753 JT), SoftBank Group (9984 JT), Uber (UBER US), DoorDash (DASH US), Seer (SEER US), Opendoor (OPEN US), T-Mobile (TMUS US), Amazon (AMZN US), KE Holdings (BEKE US), Nvidia (NVDA US), SoftBank Corp (9434 JT), Z Holdings (4689 JT), ZOZO (3092 JT), Bandai Namco (7832 JT), Konami (9766 JT), Suzuki (7269 JT), Mazda (7261 JT), Toyota Industries (6201 JT), Fanuc (6954 JT), Yaskawa Electric (6506 JT), SMC (6273 JT), Omron (6645 JT), THK (6481 JT), TIS Inc (3626 JT), Nomura Research Institute (4307 JT), Itochu Techno-Solutions (4739 JT), NTT Data (9613 JT)
Main Points
• Topix, Nikkei surge as cyclicals soar on strong results
• SoftBank Group’s Extraordinary Quarter
• Bandai Namco 3Q OP +12% YoY
• Suzuki shares drop on unchanged guidance numbers
• Daifuku derailed (temporarily)
• TIS FY20 Q3 beats market estimates but keeps full-year forecast intact

08/02/2021 6 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

Julie Boote

Lindsay Whipp

Pelham Smithers

William Nestuk

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PSA Today Feb 8: Cyclicals soar on strong results / SoftBank Group's amazing quarter / Bandai Namco's 3Q / Suzuki drops / Daifuku droops / TIS keeps FY intact – Nikkei +2.12%

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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