Pelham Smithers Associates Ltd - PSA Today Jun 1: Flat, rotational day / TSMCs planned Japan lab / Strong corporate software spend / The Murata conundrum – Nikkei -0.16%

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Pelham Smithers Associates Ltd

Joel Scheiman ...

Pelham Smithers

PSA Today Jun 1: Flat, rotational day / TSMC's planned Japan lab / Strong corporate software spend / The Murata conundrum – Nikkei -0.16%

Japan Market Comment by Pelham Smithers and Joel Scheiman
Nikkei ¥28,814.34 (-¥45.74 / -0.16%); Topix ¥1,926.18 (+¥3.20 / +0.17%); Mothers ¥1,141.74 (-¥8.32 / -0.72%); ¥/$109.46
Tags: Pigeon Corp (7956 JT), Unicharm (8113 JT), Kao Corp (4452 JT), TSMC (2330 TT) JSR (4185 JT), Shinko Electric (6967 JT), Ibiden (4062 JT), KDDI (9433 JT), Fuji Media (4676 JT), MHI (7011 JT), IHI (7013 JT), Toyota Motor (7203 JT), Hyundai Motor (005380 KS), V-Cube (3681 JT), Xyvid, Teijin (3401 JT), Infocom (4348 JT), Square Enix (9684 JT), Sony Group (6758 JT), Shibaura Mechatronics (6590 JT), Asahi Kasei (3407 JT), Shin-Etsu Chemical (4063 JT), Sumitomo Chemical (4005 JT), Mitsui Chemicals (4183 JT), Nagase & Co. (8012 JT), Murata (6981 JT), Taiyo Yuden (6976 JT)

Main Points
• Flat market as heavy rotation continues
• METI confirms TSMC lab in Tsukuba
• Corporate software spend +12% YoY in 1Q 2021
• Nikkei reports Murata, Taiyo Yuden seeing strong orders

01/06/2021 1 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

Joel Scheiman

Pelham Smithers

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PSA Today Jun 1: Flat, rotational day / TSMC's planned Japan lab / Strong corporate software spend / The Murata conundrum – Nikkei -0.16%

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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