- Joel Scheiman
- Julie Boote
- Lindsay Whipp
- Pelham Smithers
- Thao Nguyen
- William Nestuk
The PSA Research Round-Up for the Week to 25 July 2025
Weekly Comment SummaryBurdened by higher costs, video game publishers are looking to raise prices, but they are facing pushback, and may have to rethink.
Pelham Smithers explains why.
PSA Weekly Contents at a Glance
Reports / Flash Notes Summaries
1. Insource (6200 JT) – Short-Term Burden But Longer-Term Growth Drivers in Place Add title
2. Koshidaka (2157 JT) – Aggressive Cost Control & Acceleration of New Store Openings
Company / Sector / Thematic Comments
Technology: Consumer Electronics, Gaming
1. Video Games Round Up
2. Nintendo Sets Sales Record in US
3. Other News & Moves That Caught Our Eye
Technology: Industrial Electronics / Components / Semis & SPE / Precision
4. Nidec: ‘Preliminary Performance Information’ Rather Than FY25 Q1 Financial Statements Released
5. Canon Reports Flat FY25 Q2 OP
6. Renesas FY25 Q2 OP -43% YoY.
7. Screen HD FY25 Q1 OP -12% YoY
8. Other News & Moves That Caught Our Eye
Chemicals / Materials
9. Shin-Etsu Polymer’s FY25 Q1 Ahead of Consensus
10. Shin-Etsu Chemical’s Unexpectedly Low Guidance for FY25
Autos / New Mobility
11. US Auto Import Tariffs to Be Cut to 15%
12. Mitsubishi Motors’ Profits Take Large Tariff Hit
Capital Goods / Machinery / Auto Parts
13. Nuclear Comeback Could Boost IHI’s Earnings
14. Fanuc FY25 Q1 +29% YoY, Full-Year Guidance Neutral
15. Other News & Moves That Caught Our Eye
Internet / eCommerce
16. Mercari: Full-Year FY25 Preview
17. Other News & Moves That Caught Our Eye
Enterprise Software / IT Services
18. TIS: FY25 Q1 Preview
19. Obic: FY25 Q1 Beats Consensus
20. Obic Business Consultants: FY25 Q1 Results Show a Solid Start to the Year
Pharma / Healthcare
21. Chugai Pharm FY25 Q2 OP -14% YoY
22. Other News & Moves That Caught Our Eye
Small- / Mid-Cap Insights
23. Insource Reports Solid FY24 Q3
24. Open Up Group Reports June KPIs
Miscellaneous / Market / Strategy / Macro
25. What Next for the Japanese Government?
26. Takaichi vs Koizumi Part 2?
27. Japan US Trade Deal
28. Tokyo CPI Data Reduces Rate Hike Risk
29. Other News & Moves That Caught Our Eye
List of Recently Published PSA Notes & Reports
Important Disclosure Statement from Pelham Smithers Associates Limited
PSA in the Press
Chemicals analyst Joel Scheiman features in the following Bloomberg article: Shin-Etsu Chemical’s Segments 1Q Results May Diverge: Preview – [23 Jul]
PSA Company Visits, Tours and Interviews
Visited: Treasure Factory (3093 JT), Insource (6200 JT), Koshidaka Holdings (2157 JT)
1-1 Call with: Open Up Group (2154 JT)
Presentations at: Shin-Etsu Chemical (4063 JT)
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.
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