Pelham Smithers Associates Ltd - The PSA Japan Weekly Research Round-Up for the week ending 24 December 2021

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 24 December 2021

Wishing Our Readers a Very Merry Christmas

Weekly Comment Summary
Pelham Smithers presents us with 12 small-cap / frontier stock(ing filler)s to consider for 2022.

PSA Company Visits, Tours and Interviews
• Visited: Denso (6902 JT), Minebea Mitsumi (6479 JT), Daifuku (6383 JT)

Reports / Flash Notes Summaries
1. ExaWizards (4259 JT): Don’t Be Fooled by a Disappointing Debut
Company / Sector / Thematic Comments
Technology: Consumer Electronics, Gaming
1. Sony (6758 JT): Spider-man Movie is a Huge Hit / Inks Deal with Zee (Z IN)
2. Square Enix’s (9684 JT) Console Back-Catalogue Available on Smartphones / Introduces Q4 Line-Up
3. Strong Holiday Season Console Sales
Technology: Industrial Electronics / Components / Semis & SPE / Precision
4. Micron (MU US) Numbers Underscore DRAM Market Rebound
5. Whistle Blower Impact Hits Hitachi (6501 JT)
6. Hoya’s (7741 JT) CEO Suzuki to be Succeeded by CTO Ikeda
Autos
7. Possible End of US EV Tax Incentive Bill Creates Competitive Advantage for Toyota (7203 JT), Nissan (7201 JT)
8. Nissan (7201 JT) Initiates Japan Decarbonisation Project
Auto Parts / Machinery
9. Minebea Mitsumi (6479 JT) Buys ¥73bil Tokyo HQ Building of Nippon Express
10. Komatsu (6301 JT) 10% Hike Above Expectations
Enterprise Software
11. Sansan (4443 JT) Wins Dentsu (4324 JT) as New Client for Bill One Invoicing
12. Cybozu (4776 JT) Expects Another Year of Heavy Spending
13. ExaWizards (4259 JT) Falls on First Day of Trading
14. Other ERP-Software-Related News & Moves That Caught Our Eye
Telecom
15. KDDI (9433 JT) Ties Up with Highway Bus Operator Willer
Pharma
16. More Data Required for Eisai’s (4523 JT) Aduhelm
17. Other Pharma News & Moves That Caught Our Eye
Miscellaneous
18. Other News & Moves That Caught Our Eye
Market / Strategy / Macro
19. Topix Relative to MSCI World Index at 50-year Low in US$ Terms
20. Japan Department Store Sales Bounce Back in November

24/12/2021 20 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

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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), ...

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The PSA Japan Weekly Research Round-Up for the week ending 24 December 2021

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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