Korea / Special Situations, Clepsydra Capital

Sanghyun Park

Korea / Special Situations

Event-Driven

What should we make of this meeting between Samsung's Lee Jae-yong and Softbank's Son? The timing of their meeting is so interesting. In fact, they met on the day when Qualcomm's possible takeover of NXP became a hot issue. They had talked for more than two hours. Many important topics might have been discussed, and particularly a possible collaboration in IoT and automotive chips (autonomous systems) was surely included in this conversation.Apparently, people, including myself, have a lot of…

What should we make of this meeting between Samsung's Lee Jae-yong and Softbank's Son? The timing of their meeting is so interesting. In fact, they met on the day when Qualcomm's possible takeover of NXP became a hot issue. They had talked for more than two hours. Many important topics might have been discussed, and particularly a possible collaboration in IoT and automotive chips (autonomous systems) was surely included in this conversation.Apparently, people, including myself, have a lot of…

New Era of Softbank-Samsung Partnership? Son Met Lee Jay-Yong

Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Equity Bottom-Up

NTT (Nippon Telegraph & Telephone) / Equity Bottom-Up

NTT (Nippon Telegraph & Telephone) (9432 JP)

The previous Insight on <a href="https://www.smartkarma.com/entities/623" target="_blank" data-smartkarma-citation="entities:623:1">NTT (9432 JP)</a> approximately 6 weeks ago after Q1 earnings discussed the beat in expectations based on an acceleration of cost cuts at both parent and subs. That <a href="https://www.smartkarma.com/insights/ntt-costs-lower-earnings-better-nice-noises-no-buyback-yet-but-nice-noises-there-too" target="_blank">insight</a> discussed the in some small amount the noises around a possible buyback. This insight discusses the possibilities and parameters further. There is a Short &amp; Sweet Version and a Longer Gory Details Version below a thin red line.<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/013/431/original/ShortSweetLogo.png?1474205845" class="editor-image img-responsive" data-smartkarma-image-id="13431"></figure>NTT has bought back 3 trillion yen of stock over the past 15+ years. The…

The previous Insight on NTT (9432 JP) approximately 6 weeks ago after Q1 earnings discussed the beat in expectations based on an acceleration of cost cuts at both parent and subs. That insight discussed the in some small amount the noises around a possible buyback. This insight discusses the possibilities and parameters further. There is a Short &amp; Sweet Version and a Longer Gory Details Version below a thin red line.NTT has bought back 3 trillion yen of stock over the past 15+ years. The…

Asean-focused. Ex-Head of Thai Research

Athaporn Arayasantiparb, CFA

<table class="table table-striped"><tbody>
<tr>
<td style="text-align: left;">Stock</td>
<td style="text-align: left;">Business</td>
<td style="text-align: left;">Shr pr</td>
<td style="text-align: left;">Mkt cap (US$ bn)</td>
<td style="text-align: left;">PE (x)</td>
<td style="text-align: left;">Yield (%)</td>
<td style="text-align: left;">ROI (%)</td>
</tr>
<tr>
<td>Facebook (FB)</td>
<td>Social network</td>
<td>USD128</td>
<td>358</td>
<td>61.3</td>
<td>0</td>
<td>12.6</td>
</tr>
<tr>
<td>Softbank (9984)</td>
<td>Venture capital</td>
<td>6,691 Yen</td>
<td>78.5</td>
<td>17.7</td>
<td>0.6</td>
<td>3.4</td>
</tr>
<tr>
<td>Fanuc (6954)</td>
<td>Robotics</td>
<td>16,735 Yen</td>
<td>33.5</td>
<td>23.5</td>
<td>2.9</td>
<td>10.2</td>
</tr>
<tr>
<td>Intuch</td>
<td>Telecoms/venture cap</td>
<td>52.25 Baht</td>
<td>4.8</td>
<td>8.8</td>
<td>8.8</td>
<td> 54.8</td>
</tr>
</tbody></table>Two Old Men. As we highlighted earlier in <a href="https://www.smartkarma.com/insights/sathorn-series-1-the-case-against-rate-cuts" target="_blank" data-smartkarma-citation="insights:5359">Sathorn Series 1: The Case Against Rate Cuts</a> , Thailand is the oldest population in ASEAN, so it's no wonder we look to Japan, the country with Asia's oldest population for leadership and inspiration for…



Stock
Business
Shr pr
Mkt cap (US$ bn)
PE (x)
Yield (%)
ROI (%)


Facebook (FB)
Social network
USD128
358
61.3
0
12.6


Softbank (9984)
Venture capital
6,691 Yen
78.5
17.7
0.6
3.4


Fanuc (6954)
Robotics
16,735 Yen
33.5
23.5
2.9
10.2


Intuch
Telecoms/venture cap
52.25 Baht
4.8
8.8
8.8
 54.8

Two Old Men. As we highlighted earlier in Sathorn Series 1: The Case Against Rate Cuts , Thailand is the oldest population in ASEAN, so it's no wonder we look to Japan, the country with Asia's oldest population for leadership and inspiration for…

Silicon September 3.0: Changing the Rules of Productivity (AI, VR, & Robotics)

Japan TMT Analyst

Pelham Smithers

Market Intel on Asian Tech with a Japan focus

Pelham Smithers Associates

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. 

Research is provided by the following:
Pelham Smithers: Macro, consumer electronics, telecoms & pharma
Joel Scheiman: Electronics materials / components
Julie Boote: Autos
Will Nestuk: Capital goods, machinery & transportation equipment parts
Thao Nguyen: eCommerce, internet content, marketing & advertising

Given that the iPhone 7 is expected to be pretty similar to the iPhone 6s, it is not surprising that the Japanese stock market has generally shown more interest in 2017's anticipated OLED / Glass offering. However, as more and more snippets about the iPhone 7 hit the rumour mills, the Japanese stock market is beginning to think that the iPhone 7 may prove to be rather more important for Japanese companies than originally thought.Perhaps the most important story circulating is that Apple is to…

Given that the iPhone 7 is expected to be pretty similar to the iPhone 6s, it is not surprising that the Japanese stock market has generally shown more interest in 2017's anticipated OLED / Glass offering. However, as more and more snippets about the iPhone 7 hit the rumour mills, the Japanese stock market is beginning to think that the iPhone 7 may prove to be rather more important for Japanese companies than originally thought.Perhaps the most important story circulating is that Apple is to…

IPhone 7 Implications for Japanese Stocks

Ever since Masayoshi Son brought his clunking fist down on CLSA for a "Sell" report on <a href="https://www.smartkarma.com/entities/315" target="_blank" data-smartkarma-citation="entities:315:1">Softbank,</a> sell-side analysts in Japan have been understandably nervous of producing negative research on Japanese stocks. However, given the <a href="https://www.smartkarma.com/entities/637" target="_blank" data-smartkarma-citation="entities:637:1">Toshiba</a> and <a href="https://www.smartkarma.com/entities/356" target="_blank" data-smartkarma-citation="entities:356:1">Olympus</a> scandals, it is a bit of a surprise as to how long it has taken for the short-sell researcher-investors to turn their eyes to Japan. That has now changed. Hard on the heels of a short-sell report on <a href="https://www.smartkarma.com/entities/18448" target="_blank" data-smartkarma-citation="entities:18448:1">Itochu Corp,</a> by Glaucus Research, another of the…

Ever since Masayoshi Son brought his clunking fist down on CLSA for a "Sell" report on Softbank, sell-side analysts in Japan have been understandably nervous of producing negative research on Japanese stocks. However, given the Toshiba and Olympus scandals, it is a bit of a surprise as to how long it has taken for the short-sell researcher-investors to turn their eyes to Japan. That has now changed. Hard on the heels of a short-sell report on Itochu Corp, by Glaucus Research, another of the…

Japan

SoftBank Group Corp provides telecommunication services.  The Company also operates ADSL (Asymmetric Digital Subscriber Line) and fiber optic high-speed Internet connection, e-Commerce businesses, and Internet based advertising and auction businesses.

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

Softbank Group (ADR) (SFTBY US)

New Era of Softbank-Samsung Partnership? Son Met Lee Jay-Yong

What should we make of this meeting between Samsung's Lee Jae-yong and Softbank's Son? The timing of their meeting is so interesting. In fact, they...

Sanghyun Park

NTT: Thoughts About Further Buybacks

The previous Insight on NTT (9432 JP) approximately 6 weeks ago after Q1 earnings discussed the beat in expectations based on an acceleration of...

Travis Lundy

Silicon September 3.0: Changing the Rules of Productivity (AI, VR, & Robotics)

Two Old Men. As we highlighted earlier in Sathorn Series 1: The Case Against Rate Cuts , Thailand is the oldest population in ASEAN, so it's no...

Athaporn Arayasantiparb, CFA

IPhone 7 Implications for Japanese Stocks

Given that the iPhone 7 is expected to be pretty similar to the iPhone 6s, it is not surprising that the Japanese stock market has generally shown...

Pelham Smithers Associates

Cyberdyne: Citron Ups the Ante

Ever since Masayoshi Son brought his clunking fist down on CLSA for a "Sell" report on Softbank, sell-side analysts in Japan have been...

Pelham Smithers Associates

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)