Pelham Smithers Associates Ltd - The PSA Japan Weekly Research Round-Up for the Week Ending 14 January 2022

Report

Pelham Smithers Associates Ltd

Joel Scheiman ...

Julie Boote
Lindsay Whipp
Pelham Smithers
Thao Nguyen
William Nestuk

The PSA Japan Weekly Research Round-Up for the Week Ending 14 January 2022

The Weekly Comment Summary
Having operated in a zero-inflation environment for twenty years, Japanese companies are starting to raise prices. Pelham Smithers comments.

PSA Company Visits, Tours and Interviews
• Conference Calls with: ExaWizards (4259 JT) Q&A with Cybozu (4776 JT), Yaskawa (6506 JT)
• Presentations at: Sansan (4443 JT), Money Forward (3994 JT), Shift Inc (3697 JT), Tosoh (4042 JT)

Reports / Flash Notes Summaries
1. Money Forward (3994 JT) FY21 Q4 Preview
2. Shift Inc (3697 JT) FY22 Q1 Preview

Company / Sector / Thematic Comments
Technology: Consumer Electronics, Gaming
1. Sony (6758 JT) to Keep Making PS4s Through 2022
2. Nintendo’s (7974 JT) Problem for 2022: Deciding When to Call “Time” on the Switch
3. Production Issues Impact Sales of Consoles Over Holiday Period
Technology: Industrial Electronics / Components / Semis & SPE / Precision
4. Other Tech-Related News & Moves That Caught Our Eye
Autos
5. China Auto Sales Increase in 2021
Auto Parts / Machinery
6. Yaskawa (6506 JT): FY21 Q3 Results: Modest on Component Shortage
Internet / eCommerce
7. CyberAgent (4751 JT) Acquires Content Studio BABEL LABEL
8. Demae-can’s (2484 JT) FY22 Q1 Operating Loss Widened by ¥5.7 YoY
9. Other Internet / eCommerce-related News & Moves that Caught Our Eye
Enterprise Software
10. Money Forward (3994 JT) FY21 Q4 Preview
11. Shift Inc (3697 JT) FY22 Q1 Preview
12. Sansan (4443 JT) FY21 Q2 Results: Contact Management ARPA Grinds to Halt
Pharma
13. Eisai (4523 JT) Follows Biogen (BIIB US) Lower
Miscellaneous
14. Other News & Moves That Caught Our Eye
Macro / Market / Strategy
15. Are Japanese Companies Behind the Curve on Raising Prices?
16. New Sections of the Tokyo Stock Exchange

14/01/2022 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

Julie Boote

Lindsay Whipp

Pelham Smithers

Thao Nguyen

William Nestuk

Other Reports from Pelham Smithers Associates Ltd

Hiroyuki Terada ... (+6)

Hiroyuki Terada
Joel Scheiman
Julie Boote
Lindsay Whipp
Pelham Smithers
William Nestuk

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

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk, Lindsay Whipp and Hiroyuki Terada Tags: Toyota Motor (7203 JT), Toyota Industries (6201 JT), Namura Shipbuilding (7014 JT), Mitsui E&S (7003 JT), Anritsu (6754 JT), Advantest (6857 JT), Disco (6146 JT), Tokyo Seimitsu (7729 JT), ARE Holdings (5857 JT), Shin-Etsu Chemical (4063 JT), Sakura Internet (3778 JT), Daiwa Securities (8601 JT), Japan Exchange (8697 JT), Sumitomo Heavy (6302 JT), Nitto Denko (6988 JT), Hitachi (6501 JT), NEC Corp (6701 JT), Socionext (6526 JT), ZTE (763 HK), TDK (6762 JT), ...

13h / 6m 13h / 6m 1 EN

Hiroyuki Terada ... (+8)

Hiroyuki Terada
Joel Scheiman
Julie Boote
Lindsay Whipp
Nia Dokova
Pelham Smithers
Thao Nguyen
William Nestuk

The PSA Research Round-Up for the Two-Week Period Covering 11~25 April 2025

Weekly Comment Summary Two weeks ago, we wrote here about how US trade policy was generating a very “top down” market. Since then, uncertainty has replaced fear, and this has led to a very “bottom up" market, with the winners those delivering good / better-than-expected news, explains Pelham Smithers. PSA Company Visits, Tours and Interviews Visited: TKP (3479 JT), JINS Holdings (3046 JT), Treasure Factory (3093 JT), Koshidaka Holdings (2157 JT) 1-1 Call with: Insource (6200 JT) Presentations at: Shin-Etsu Chemical (4063 JT), Nitto Denko (6988 JT), Fujifilm Holdings (4901 JT), Zeon Corp...

April 25, 2025 April 25, 2025 1 EN

Hiroyuki Terada

Hiroyuki Terada

PSA Broadline Retail: Treasure Factory (3093 JT): Inbound Sales Still Solid in Q1

Second-hand retailer Treasure Factory has an advantage over mainstream luxury goods retailers, explains analyst Hiroyuki Terada in this update which adjusts PSA’s forecasts downwards and introduces our FY27 numbers.

April 25, 2025 April 25, 2025 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

The PSA Japan Weekly Research Round-Up for the Week Ending 14 January 2022

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

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe