PSA Today May 12: Lockdown theme / NEC good / Nikon revises down / Taiyo Yuden 4Q / IIJ teleworking / Toyota: is that a shock? / Honda: Q4 OP loss / Hino / Daifuku's results / Daikin letdown / Kakaku's FY19 / – Nikkei -0.12%
Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk and Thao NguyenNikkei ¥20,366.48 (-¥24.18/ -0.12%); Topix ¥1,476.72 (-¥3.90 / -0.26%); ¥/$107.48
Tags: GA Technologies (3491 JT), Nexon (3659 JT), Enigmo (3665 JT), SBI Holdings (8473 JT), GMO Internet (9449 JT), Internet Initiative Japan (3774 JT), Cybozu (4776 JT), MonotaRO (3064 JT), Sansan (4443 JT), Nintendo (7974 JT), Square Enix (9684 JT), Colopl (3668 JT), Toyota (7203 JT), Rohm (6963 JT), Shionogi (4507 JT), NEC (6701 JT), Nikon (7731 JT), Sony (6758 JT), Taiyo Yuden (6976 JT), Murata (6981 JT), Huawei (pvt), Apple (AAPL US), Bic Camera (3048 JT), Honda (7267 JT), Hino Motors (7205 JT), Daifuku (6383 JT), Nabtesco (6268 JT), Daikin (6367 JT), Mitsubishi Electric (6503 JT), Kakaku.com (2371 JT) Trend Micro (4704 JT)
Main Points
• Mixed market propels Lockdown names back to the fore.
• Yes: NEC’s upward revision came despite losses in Global
• Nikon revises down
• Taiyo Yuden 4Q beat, 1Q OPe ¥3bil
• IIJ’s eSIM opportunity as teleworking increases
• Toyota predicts FY20 OP heavy fall
• Honda reports FY19 Q4 operating loss
• Hino predicts bleak FY20, but expects to remain profitable
• Daifuku delivers for FY19; less certain for FY20
• Daikin disappoints
• Kakaku.com’s FY19 results
• Trend Micro’s FY20 Q1 results
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.