Japanese Equity Specialist, Ortus Advisors

Andrew Jackson

Japanese Equity Specialist

Ortus Advisors

Thematic (Sector/Industry)

<ul>
<li>Toyota further signalling a U-turn in its EV strategy by delaying long-range battery plant.</li>
<li>Nexon very squeezy, but does something this well flagged really deserve legs?</li>
<li>Activist Murakami up to his old tricks a la Pacific Metals with Ferrotec or just a tactic to shake retail?</li>
</ul>


Toyota further signalling a U-turn in its EV strategy by delaying long-range battery plant.
Nexon very squeezy, but does something this well flagged really deserve legs?
Activist Murakami up to his old tricks a la Pacific Metals with Ferrotec or just a tactic to shake retail?


Japan Morning Connection: Rudderless Tape in the US Points to Uninspired JP Trading to Start

<ul>
<li>Japan defence may be buoyed by comments from Frances Macron that spending needs to rise.</li>
<li>Wild ride for Kokusai Electric continues as outstanding short interest jumps 46% over the last week.</li>
<li>Kura Sushi bringing back free meals - limit up yesterday, but with a big SI will there be more today?</li>
</ul>


Japan defence may be buoyed by comments from Frances Macron that spending needs to rise.
Wild ride for Kokusai Electric continues as outstanding short interest jumps 46% over the last week.
Kura Sushi bringing back free meals - limit up yesterday, but with a big SI will there be more today?


Japan Morning Connection: Walmart Results Raising Questions over the Overall Economy

<ul>
<li>Good numbers from Analog Devices pointing to a bottom should help likes of Rohm and Fuji Electric.</li>
<li>SMCI tear continues, will Nidec keep moving up after yesterdays gains?</li>
<li>Sanken Electric +10.45% yesterday finally starting to catch a bid on ALGM gains.</li>
</ul>


Good numbers from Analog Devices pointing to a bottom should help likes of Rohm and Fuji Electric.
SMCI tear continues, will Nidec keep moving up after yesterdays gains?
Sanken Electric +10.45% yesterday finally starting to catch a bid on ALGM gains.


Japan Morning Connection: Power/Analog Names Drive SOX Higher, Defence Down

<ul>
<li>Softbank racking up big losses in 3Q but market looking to Stargate.</li>
<li>Japanese cosmetics names continue to struggle with Kose missing after Shiseido the day before.</li>
<li>Toray's -12% drop yesterday looks excessive given the overall outlook remains buoyant.</li>
</ul>


Softbank racking up big losses in 3Q but market looking to Stargate.
Japanese cosmetics names continue to struggle with Kose missing after Shiseido the day before.
Toray's -12% drop yesterday looks excessive given the overall outlook remains buoyant.


Japan Morning Connection: Mixed Tape but Gains for Names to Benefit from a US Focused AI Industry

<ul>
<li>Coherent, SMCI, Entegris all posting solid gains, while Skyworks priced in its poor outlook for its Apple biz.</li>
<li>Monolithic as much as +19% post market setting a better tone for power/analog semi related. Renesas +12.6% yesterday also.</li>
<li>Tokyo Electron numbers mixed but positive overall and any weakness at the open a good chance for dip buying.</li>
</ul>


Coherent, SMCI, Entegris all posting solid gains, while Skyworks priced in its poor outlook for its Apple biz.
Monolithic as much as +19% post market setting a better tone for power/analog semi related. Renesas +12.6% yesterday also.
Tokyo Electron numbers mixed but positive overall and any weakness at the open a good chance for dip buying.


Japan Morning Connection: Mixed Read from the US but Direction Pointing Higher

Japan

FUJI ELECTRIC CO.,LTD manufactures electric machinery and electronic devices. The Company's products include automatic vending machines, factory automation equipment, and power supplies, as well as information and electronic components such as power semiconductors and integrated circuits (ICs).

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Fuji Electric (6504 JP)

Japan Morning Connection: Rudderless Tape in the US Points to Uninspired JP Trading to Start

Toyota delays long-range battery plant, pulling back from EV expansion. Nexon's recent move looks squeezy. Murakami's tactics with Ferrotec...

Andrew Jackson

Japan Morning Connection: Walmart Results Raising Questions over the Overall Economy

Japan's defense may see a boost with Macron's call for increased spending. Kokusai Electric's short interest surges. Kura Sushi limit up yesterday...

Andrew Jackson

Japan Morning Connection: Power/Analog Names Drive SOX Higher, Defence Down

Analog Devices' positive numbers should help the likes of Rohm and Fuji Electric. SMCI continues to move up. Sanken Electric sees gains following...

Andrew Jackson

Japan Morning Connection: Mixed Tape but Gains for Names to Benefit from a US Focused AI Industry

Softbank faces significant losses but market will focus on Stargate. Kose follows Shiseido's miss. Toray's drop seems excessive given overall...

Andrew Jackson

Japan Morning Connection: Mixed Read from the US but Direction Pointing Higher

Skyworks priced in poor outlook for its Apple business. Market sets a better tone for power/anolog semi related. Any weakness in Tokyo Electron a...

Andrew Jackson

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52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Japan Morning Connection: Rudderless Tape in the US Points to Uninspired JP Trading to Start

​Toyota delays long-range battery plant, pulling back from EV expansion. Nexon's recent move looks squeezy. Murakami's tactics with Ferrotec...

Andrew Jackson

Japan Morning Connection: Walmart Results Raising Questions over the Overall Economy

​Japan's defense may see a boost with Macron's call for increased spending. Kokusai Electric's short interest surges. Kura Sushi limit up yesterday...

Andrew Jackson

Japan Morning Connection: Power/Analog Names Drive SOX Higher, Defence Down

​Analog Devices' positive numbers should help the likes of Rohm and Fuji Electric. SMCI continues to move up. Sanken Electric sees gains following...

Andrew Jackson

Japan Morning Connection: Mixed Tape but Gains for Names to Benefit from a US Focused AI Industry

​Softbank faces significant losses but market will focus on Stargate. Kose follows Shiseido's miss. Toray's drop seems excessive given overall...

Andrew Jackson

Japan Morning Connection: Mixed Read from the US but Direction Pointing Higher

Skyworks priced in poor outlook for its Apple business. Market sets a better tone for power/anolog semi related. Any weakness in Tokyo Electron a...

Andrew Jackson

Toyota delays long-range battery plant, pulling back from EV expansion. Nexon's recent move looks squeezy. Murakami's tactics with Ferrotec...

Japan's defense may see a boost with Macron's call for increased spending. Kokusai Electric's short interest surges. Kura Sushi limit up yesterday...

Analog Devices' positive numbers should help the likes of Rohm and Fuji Electric. SMCI continues to move up. Sanken Electric sees gains following...

Softbank faces significant losses but market will focus on Stargate. Kose follows Shiseido's miss. Toray's drop seems excessive given overall...