Global Materials | Industrials | Commodities

Rahul Jain

Thematic (Sector/Industry)

<ul>
<li>Japan targets nuclear at 20–22% of power by 2030 under its GX Basic Policy, alongside a major renewables push.</li>
<li>Electricity demand set to rise 35–50% by 2050, with data centers tripling consumption by 2034.</li>
<li>Leaders: MHI (~10% nuclear revenue) and IHI (~5%) stand out as equipment winners; Kansai, Kyushu add steady utility exposure.</li>
</ul>


Japan targets nuclear at 20–22% of power by 2030 under its GX Basic Policy, alongside a major renewables push.
Electricity demand set to rise 35–50% by 2050, with data centers tripling consumption by 2034.
Leaders: MHI (~10% nuclear revenue) and IHI (~5%) stand out as equipment winners; Kansai, Kyushu add steady utility exposure.


Japan’s Nuclear Reset: Core Equipment Plays and Utility Options

Japanese Equity Specialist, Ortus Advisors

Andrew Jackson

Japanese Equity Specialist

Ortus Advisors

<ul>
<li>A pullback in tech with momentum factor significantly underperforming value. </li>
<li>Intel rallies as high as 12% as it prices in Son's $2bn investment and Lutnick confirms Chips funds for Equity.</li>
<li>Japan's MoD budget may not meet investors lofty expectations given the backdrop of 5% targets in EU.</li>
</ul>


A pullback in tech with momentum factor significantly underperforming value. 
Intel rallies as high as 12% as it prices in Son's $2bn investment and Lutnick confirms Chips funds for Equity.
Japan's MoD budget may not meet investors lofty expectations given the backdrop of 5% targets in EU.


Japan Morning Connection: Buffets Steps in to Take Stakes in US Homebuilder Majors

<ul>
<li>AI and tech took a backseat, although momentum significantly outperformed value which is likely to be reflected in JP.</li>
<li>Trend Micro may be in focus after analyst pushes cyber security as biggest tech trade this year.</li>
<li>KHI looking to release its own humanoid, but Harmonic joints are out of favor and worth another look after steep decline.</li>
</ul>


AI and tech took a backseat, although momentum significantly outperformed value which is likely to be reflected in JP.
Trend Micro may be in focus after analyst pushes cyber security as biggest tech trade this year.
KHI looking to release its own humanoid, but Harmonic joints are out of favor and worth another look after steep decline.


Japan Morning Connection: Oil Down and Defense up as Trump Rails at Putin and Sends More Patriots

<ul>
<li>Homebuilders starting to stir, watch Sumitomo Forestry for upside squeeze potential.</li>
<li>Este Lauder continues to climb but JP names still languish as slow to react to changing trends.</li>
<li>Trump's brinkmanship continues as the 9th July tariff deadline looms.</li>
</ul>


Homebuilders starting to stir, watch Sumitomo Forestry for upside squeeze potential.
Este Lauder continues to climb but JP names still languish as slow to react to changing trends.
Trump's brinkmanship continues as the 9th July tariff deadline looms.


Japan Morning Connection: Big Pivot from Momo into Value Should See a Sharp Factor Rotation Today

<ul>
<li>US Homebuilders starting to show signs of life should help sentiment for Sumi Forestry and Sekisui.</li>
<li>Boeing move may already be priced in for Heavies but Momo still rules in Japan.</li>
<li>Softbank signaling buybacks to take a back seat over investments in ASI.</li>
</ul>


US Homebuilders starting to show signs of life should help sentiment for Sumi Forestry and Sekisui.
Boeing move may already be priced in for Heavies but Momo still rules in Japan.
Softbank signaling buybacks to take a back seat over investments in ASI.


Japan Morning Connection: Tech Plateauing May See NKY Top Out for Last Day of the QTR

Japan

IHI Corporation manufactures heavy machinery. The Company produces aircraft jet engines, rocket propulsion systems, and ships for military and commercial use. Ishikawajima-Harima also constructs petroleum refineries and nuclear power plants.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

IHI Corp (7013 JP)

Japan’s Nuclear Reset: Core Equipment Plays and Utility Options

Japan aims for 20-22% nuclear power by 2030, alongside a renewables push. Electricity demand to rise significantly by 2050, with data centers...

Rahul Jain

Japan Morning Connection: Buffets Steps in to Take Stakes in US Homebuilder Majors

Lower rates and pick up in demand for US Homebuilders attracts Warren Buffet. NVDA reportedly developing new Blackwell GPU for China market. Will...

Andrew Jackson

Japan Morning Connection: Oil Down and Defense up as Trump Rails at Putin and Sends More Patriots

JP autos look ripe for a squeeze if better than expected tarrif outcome. Musk convinced by his humanoid robots despite setbacks. JP heavies should...

Andrew Jackson

Japan Morning Connection: Big Pivot from Momo into Value Should See a Sharp Factor Rotation Today

Homebuilders show potential for upside as market rotates; watch big momentum winners for downside. Este Lauder climbs while JP names lag behind.

Andrew Jackson

Japan Morning Connection: Tech Plateauing May See NKY Top Out for Last Day of the QTR

Further downside looks limited for US homebuilders, should help Sumitomo Forestry and Sekisui. Positive analyst comments lift Boeing. Softbank to...

Andrew Jackson

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Japan’s Nuclear Reset: Core Equipment Plays and Utility Options

​Japan aims for 20-22% nuclear power by 2030, alongside a renewables push. Electricity demand to rise significantly by 2050, with data centers...

Rahul Jain

Japan Morning Connection: Buffets Steps in to Take Stakes in US Homebuilder Majors

Lower rates and pick up in demand for US Homebuilders attracts Warren Buffet. NVDA reportedly developing new Blackwell GPU for China market. Will...

Andrew Jackson

Japan Morning Connection: Oil Down and Defense up as Trump Rails at Putin and Sends More Patriots

JP autos look ripe for a squeeze if better than expected tarrif outcome. Musk convinced by his humanoid robots despite setbacks. JP heavies should...

Andrew Jackson

Japan Morning Connection: Big Pivot from Momo into Value Should See a Sharp Factor Rotation Today

​Homebuilders show potential for upside as market rotates; watch big momentum winners for downside. Este Lauder climbs while JP names lag behind.

Andrew Jackson

Japan Morning Connection: Tech Plateauing May See NKY Top Out for Last Day of the QTR

Further downside looks limited for US homebuilders, should help Sumitomo Forestry and Sekisui. Positive analyst comments lift Boeing. Softbank to...

Andrew Jackson

Japan aims for 20-22% nuclear power by 2030, alongside a renewables push. Electricity demand to rise significantly by 2050, with data centers...

Homebuilders show potential for upside as market rotates; watch big momentum winners for downside. Este Lauder climbs while JP names lag behind.