Pelham Smithers Associates Ltd - The PSA Japan Weekly Research Round-Up for the week ending March 26, 2021

Report

Pelham Smithers Associates Ltd

Joel Scheiman ...

Julie Boote
Lindsay Whipp
Pelham Smithers
William Nestuk

The PSA Japan Weekly Research Round-Up for the week ending March 26, 2021

Weekly Comment Summary
Lindsay Whipp takes a look at MedTech play JMDC’s parent Noritsu Koki, one of several Japanese names trading at less than the value of their subsidiaries / affiliates.

Reports / Flash Notes Summaries
1. JSR (4185 JT) – A New Corporate Image
2. Jig-Saw Inc (3914 JT) – A Xilinx for the 2020s? Or a Toy?
3. Intel (INTC US) to the Semiconductor Shortage Rescue
4. Japan MedTech – Not All Are Created Equal
Company / Sector / Thematic Comments
Technology: Consumer Electronics, Gaming
1. Nintendo (7974 JT) Teams Up with Niantic Again
2. DoJ Extends Anti-Trust Review of Sony’s (6758 JT) Acquisition of Crunchyroll
3. Weekly Mobile Game Revenues Update
4. Capcom (9697 JT) Releases Monster Hunter: Rise
Technology: Industrial Electronics / Components / Semis / SPE
5. Renesas (6723 JT) Plant Suffers a Fire; Read Across to OEMs
6. Intel (INTC US) to Boost Semiconductor Capacity
7. NEC (6701 JT) Facial Recognition Technology Takes a Leap to Healthcare
8. Other Moves and News That Caught Our Eye
Chemicals / Materials
9. JSR (4185 JT) Strategy Looks Solid but Not Surprising
10. Mitsui M&S Revises Up
Autos
11. ASEAN Auto Markets Remain under Pressure
12. Positive Outlook for Auto Financial Services
13. Toyota (7203 JT) Acquires Isuzu Stake
14. Suzuki (7269 JT) Shares Rise on India Price Hikes
Auto Parts / Machinery
15. China Automation Dip
16. Auto Component Suppliers’ FY21 Guidance Likely Flattered by Weaker Q4 FY20
Internet / eCommerce / Enterprise Software
17. Freee (4478 JT) Surges Following Share Sale Details
18. Cybozu’s (4776 JT) Feb Sales Accelerate; Borrows up to ¥bil in Expansion Push
19. Enechange (4169 JT) to Make its Smart Meter Data Subsidiary Wholly Owned
20. V-Cube (3681 JT): Life After Covid?
21. Other Moves and News That Caught Our Eye
Pharma
22. Pharma News and Moves
Miscellaneous
23. Other Moves and News That Caught Our Eye
Macro
24. Renesas and the Fed Bet
25. BoJ Virus Lending Hits Record ¥18.7tril

PSA Company Visits, Tours and Interviews
• Visited: Toyota Industries (6201 JT), Daifuku (6383 JT)

26/03/2021 24 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

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 30 Apr: Good earnings, trade hopes / Macro / Video games / Auto tariffs / Analyst comments: SQE, Sony CMOS, Koei Tecmo, Murata, Melco, Nabtesco, Sumi Chem, TIS, NTT Data, MACP, MARI – Nikkei 225 +0.57% | ¥$142.54

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk, Lindsay Whipp and Hiroyuki Terada Tags: NEC Corp (6701 JT), Socionext (6526 JT), TDK (6762 JT), Mitsubishi Electric (6503 JT), Hitachi (6501 JT), Sumitomo Pharma (4506 JT), Sumitomo Chemical (4005 JT), Nikon (7731 JT), Square Enix (9684 JT), Sony (6758 JT), Sega Sammy (6460 JT), Stakelogic BV, Koei Tecmo (3635 JT), Akatsuki (3932 JT), Life Create (352A JT), Mitsui OSK (9104 JT), Otsuka Holdings (4578 JT), Suzuken (9987 JT), Toyota Motor (7203 JT), Toyota Industries (6201 JT), Alphabet (GOOG US), Cap...

21h / 47m 21h / 47m 1 EN

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), ...

April 28, 2025 April 28, 2025 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

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 March 26, 2021

PSA Today 30 Apr: Good earnings, trade hopes / Macro / Video games / Auto tariffs / Analyst comments: SQE, Sony CMOS, Koei Tecmo, Murata, Melco, Nabtesco, Sumi Chem, TIS, NTT Data, MACP, MARI – Nikkei 225 +0.57% | ¥$142.54

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

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