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PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk, Lindsay Whipp and Hiroyuki Terada
Tags: Lasertec (6920 JT), Socionext (6526 JT), Konami (9766 JT), Hitachi (6501 JT), Renesas (6723 JT), NEC (6701 JT), Panasonic (6752 JT), Oriental Land (4661 JT), Murata Mfg (6981 JT), Hoya Corp (7741 JT), SBI Holdings (8473 JT), Sumitomo Pharma (4506 JT), Nexon (3659 JT), Nexperia (pvt), Wingtech Technology (600745 CH), Honda Motor (7267 JT), Nissan Motor (7201 JT), TDK (6762 JT), Tokyo Electron (8035 JT), Applied Materials (AMAT US), Lam (LRCX US), Screen Holdings (7735 JT), SEI (5802 JT), Fujikura (5803 JT), Mitsubishi Electric (6503 JT), Nabtesco (6268 JT), Fanuc (6954 JT), DTS Corp. (9682 JT), Nomura Research Institute (4307 JT)
Main Points
 Nikkei 225 gains another 1,000pts, taking week’s gains to +6%
 Industrial production, inflation higher than expected as Japan’s economy moves up a gear
 Murata Mfg FY25 Q2 OP +13% YoY
 TDK: strong Q2 but full-year guidance close to consensus
 Tokyo Electron FY25 Q2 OP +7% YoY
 SEI Soars on Automotive & AI
 Mitsubishi Electric outlook positive
 Nabtesco outlook positive
 Nissan provides details on earnings preview
 DTS Corp’s FY25 Q2 preview
 NRI reports strong FY25 Q2, beating consensus estimates