Pelham Smithers Associates Ltd - PSA Today Oct 8: Trading higher as Suga meets Kumagai / PS5 teardown / Weak Asahi Kasei housing orders / New highs for Daifuku, Nabtesco / Yaskawa / Istyles strong run /Anticipating Money Forwards Q3 – Nikkei +0.96%

Report

Pelham Smithers Associates Ltd

Joel Scheiman ...

Lindsay Whipp
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today Oct 8: Trading higher as Suga meets Kumagai / PS5 teardown / Weak Asahi Kasei housing orders / New highs for Daifuku, Nabtesco / Yaskawa / Istyle's strong run /Anticipating Money Forward's Q3 – Nikkei +0.96%

Japan Market Comment by Pelham Smithers, Joel Scheiman, William Nestuk, Thao Nguyen and Lindsay Whipp
Nikkei ¥23,647.07 (+¥224.25 / +0.96%); Topix ¥1,655.47 (+¥9.00 / +0.55%); ¥/$105.98
Tags: GMO Internet (9449 JT), Bengo4.com (6027 JT), BASE Inc (4477 JT), Mercari (4385 JT), Freee KK (4478 JT), Money Forward (3994 JT), Jig-Saw (3914 JT), Cyberdyne (7779 JT), Splunk (SPLK), Oracle (ORCL US), Tokyo Electron (8035 JT), Sysmex Corp (6869 JT), Konica Minolta (4902 JT), Canon (7751 JT), Sony (6758 JT), Microsoft (MSFT US), Asahi Kasei (3407), Daifuku (6383 JT), Nabtesco (6268 JT), Yaskawa (6506 JT), Istyle (3660 JT)
Main Points
• Tokyo trades higher as Suga meets Kumagai
• Sony tears apart the PS5 (so you don’t have to).
• Asahi Kasei’s September housing orders weak but improved QoQ
• Daifuku and Nabtesco rise to new highs
• Yaskawa Q2 release tomorrow: at worst neutral
• Istyle’s good run continues
• Money Forward FY20 Q3: What to watch for

08/10/2020 5 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

Lindsay Whipp

Pelham Smithers

Thao Nguyen

William Nestuk

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PSA Today Oct 8: Trading higher as Suga meets Kumagai / PS5 teardown / Weak Asahi Kasei housing orders / New highs for Daifuku, Nabtesco / Yaskawa / Istyle's strong run /Anticipating Money Forward's Q3 – Nikkei +0.96%

The PSA Research Round-Up for the Week to 2 May 2025

PSA Today 2 May: US China talks? / Japan US trade talks Part 2 / MSFT Xbox price raised / US auto scramble / Daikin 5-wk high / DeNA FY24 preview / DTS strong outlook / Genki Nxera – Nikkei 225 +1.04%

PSA Research & Consulting Services: BayCurrent (6532 JT) Update 2025

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