Switch 2, Hello Kitty and Demon Slayer have underlined the success of Japan’s global pop culture influence. In this review, Pelham Smithers discusses whether 2025 will be the peak, or if there more to come. In light of the capital limitations faced by Japanese game developers evident at TGS2025, Pelham thinks further consolidation is likely and suggests three likely scenarios.
This CY25 Q2 has been another tremendous quarter for the Japanese video game sector, driven by the release of the Switch 2. Analyst Pelham Smithers reviews the performance and offerings of the video game stocks PSA covers and delivers his updated rankings.
When the BoJ raised rates in March, it had been 17 years since it had last done so, though the world was very different then. While the July rate hike was unlikely to move the economic needle, the question now is what else might follow the subsequent financial market maelstrom. Pelham Smithers discusses the outlook for Japan’s macro environment, what new fiscal policies the new PM might introduce, how the BoJ might react and the all-important trend in corporate earnings. This then leads us to...
Despite having been labelled as lockdown stocks, smartphone game companies have not been sold off to the same extent as have other Covid beneficiaries, such as EC companies, against the backdrop of the reopening of the economy. That smartphone game stocks have been relatively resilient suggests that the services they provide have become a part of people’s daily lives. The fact that restrictions to movement have been lifted does not mean that people will stop playing smartphone games or reduce th...
2021 saw the video game industry delivery unlikely hits, several using new concepts such as NFTs and metaverse tropes. Meanwhile, the latest versions of Call of Duty, Battlefield and eFootball (Pro Evolution Soccer) looked dated and underwhelmed the public. The PS5 kicks off a new era for console gaming but the timing of its release also coincides with a new era for the broader industry. This report discusses those changes and which companies look best placed to benefit.
GUNGHO ONLINE ENTMT (JP), a company active in the Software industry, slightly increases its general evaluation. The independent financial analyst theScreener just confirmed the stock market behaviour of the title as moderately risky. At the fundamental level, theScreener confirms the rating of 1 out of 4 stars; given the more favourable environment, the title's overall rating is upgraded to Neutral even if it remains under pressure. As of the analysis date January 18, 2022, the closing price was...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Uncertainty Hits Global Equities MSCI ACWI (ACWI-US) recently broke below the $81.50 short-term support level we were watching, which tells us that the important $77 support level is likely to be tested. While a more cautious outlook is appropriate, as long as $77 holds (the September lows) we are constructive and would be buyers on a pullback. A move below $77 would start to get very concerning, and would leave $75 and the 200-day MA as last-ditch support. · Market Dynamics Still Cons...
TOKYO--(BUSINESS WIRE)-- Don your crow mask and get ready to party! GungHo Online Entertainment (GOE) has released their first DLC pack for Ninjala, the Crow Tengu bundle, and has officially kicked off a week of knockout madness with the IPPON MATSURI (Festival), taking place from July 21 to July 26. In addition, GOE has posted Dev Diary #7 to YouTube, in which the Ninjala developers share new information about Season 2 (coming August 26) and talk more about when players can expect to see the next episode of the hit Ninjala cartoon anime series. This press release features multimedia. View the...
TOKYO--(BUSINESS WIRE)-- GungHo Online Entertainment (GOE) released its bubblegum arena brawler Ninjala exclusively for the Nintendo Switch - and in less than a day since launch, the game has already surpassed 1 million downloads! To celebrate this achievement, all players will receive 100 Jala. This press release features multimedia. View the full release here: GungHo Online Entertainment - Ninjala 1 Million Downloads (Graphic: Business Wire) Ninjala, a free to play title, features two exciting multiplayer modes including an eight-player arena battle and a 4v4 team battle, as well as a singl...
TOKYO--(BUSINESS WIRE)-- GungHo Online Entertainment (GOE) today released its bubblegum arena brawler Ninjala exclusively for the Nintendo Switch. The free to play title features two exciting multiplayer modes including an eight-player arena battle and a 4v4 team battle, as well as a single-player training mode. Pick and customize your ninja kid before you burst onto the scene of the World Ninja Association’s (WNA) ultimate ninja tournament, Ninjala. By chewing super-powered Ninja-Gum, these modern-day ninjas can blow bubbles that can be targeted at their foes, craft all sorts of weapons, and ...
Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk and Thao NguyenNikkei ¥21,892.78 (+¥156.34/ +0.72%); Topix ¥1,760.53 (+¥14.36 / +0.82%); ¥/$106.85Tags: TDK (6762 JP), Nexon (3659 JP), Capcom (9697 JP), Bandai Namco (7832 JP), Nintendo (7974 JP), Konami (9766 JP), EA (EA US), Koei Tecmo (3635 JP), Honda (7267 JP), Hitachi Chemical (4217 JP), Ionic Materials (private), Toyota (7203 JP), NGK Spark Plug (5334 JP), Ohara (5218 JP), Aisin Seki (7259 JP), Denso (6902...
PSA Today Feb 6: Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk and Thao Nguyen Nikkei ¥21,610.24 (-¥1,071.88 / -4.7%); Topix ¥1,743.41 (-¥80.33 / -4.4%); ¥/$108.88Tags: iStyle (3660 JP), Kitanotatsujin (2930 JP), Sony (6758 JP), Nintendo (7974 JP), Square Enix (9684 JP), Capcom (9697 JP), Koei Tecmo (3635 JP), Gumi (3903 JP), Bandai Namco (7832 JP), Sega Sammy (6460 JP), Toyota (7203 JP), Mitsubishi Motors (7211 JP), IHI (7013 JP), Nissan (7201 JP), GungHo (3765 JP), Nexon...
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.