Report

PSA Today Nov 9: Whiplash/ETF Buying/Autos Overview/ JDI's growing losses/ Square Enix's Q2/Concerns on mixi Remain/Minebea Mitsumi Strong/NOK Keeps Quiet on FPCs/Toyota Gosei Improving Profits -Nikkei -0.2 %

Japan Market Comment by Julie Boote, Joel Scheiman, William Nestuk and Thao Nguyen
Nikkei ¥22,868.71 (-¥45.11 / -0.20%); Topix ¥1,813.11 (-¥4.49/ -0.25%); ¥/$113.57
Tags: Global X Robotics & Artificial Intelligence ETF fund (BOTZ US), Daifuku (6383), Keyence (6861), Fanuc (6954), Omron (6645), Mitsubishi Electric (6503), Yaskawa Electric (6506), SMC (6273), Honda (7267), Suzuki (7269), Toyota (7203), Subaru (7270), Mazda (7261), Mitsubishi Motors (7211), Nissan (7201), Japan Display (6740), Square Enix (9684), mixi (2121), Minebea Mitsumi (6479) NOK (7240), Apple (AAPL US), Toyoda Gosei (7282)

  • Whiplash
  • Tech-focused ETF buying – many of which are full of Japanese names
  • Auto sector overview: Upward revision based on operational improvements rewarded
  • Japan Display’s losses grow
  • Square Enix: Q2 results were good but just fell short of being brilliant
  • mixi (2121): concern over its risk profile remains
  • Minebea Mitsumi surges on earnings upgrade
  • NOK keeping quiet on FPCs
  • Toyoda Gosei’s October profitability well above plan
Provider
Pelham Smithers Associates Ltd
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. 

Analysts
Julie Boote

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