The US market has been good to Japanese game developers, so far, in 2025. Pelham Smithers updates us on what is performing well in the charts and what implications it has for the upcoming earnings season. Several companies have seen their shares rise April-to-date, so the FY25 outlook will be closely watched.
In this quarterly strategy report, we look to evaluate where we are with regards the bull market conditions, and where those indicators might be headed, factoring in the downside risks, from Trump tariffs and the US economy, BoJ actions, Japanese earnings and valuations.
With global console game sales rising, analyst Pelham Smithers discusses whether we are in a new video game industry upswing. Moreover, sales of the PS5 are starting to generate clear water between those of the Xbox X/S in the Americas region – Microsoft’s backyard – so, if the gap becomes even more significant, there will certainly be implications for the X/S.
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....
Japan Market Comment by Pelham Smithers, Julie Boote and Joel Scheiman Nikkei ¥21,824.03 (+¥354.83 / +1.65%); Topix ¥1,741.30 (+¥25.82/ +1.51%); ¥/$106.59 Tags: Alps (6770 JP), Eisai (4523 JP), Merck (MRK US), Universal Entertainment (6425 JP), Wynn (WYNN US), Ulvac (6728 JP), Tokyo Seimitsu (7729 JP), Canon (7751 JP), Samco (6387 JP), Spotify (SPOT US), Sony (6758 JP), Warner Music (unlisted), Honda (7267 JP), Toyota 7203 JP), Miraial (4238 JP), Samsung (005930 KS), Shin-Etsu Polymer (797...
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