Japanese Equity Specialist, Ortus Advisors

Andrew Jackson

Japanese Equity Specialist

Ortus Advisors

Thematic (Sector/Industry)

<ul>
<li>Ibiden -27% since start of month but set to recover as Intel wins Google TPU deal. TEL, Lasertec, Screen and TOK also set for a stronger session.</li>
<li>Fujikura and peers should be helped by Corning's multi-billion dollar Amazon optical fiber deal.</li>
<li>Softbank -23% since start of month looking attractive as OpenAI formally announces IPO plans.</li>
</ul>


Ibiden -27% since start of month but set to recover as Intel wins Google TPU deal. TEL, Lasertec, Screen and TOK also set for a stronger session.
Fujikura and peers should be helped by Corning's multi-billion dollar Amazon optical fiber deal.
Softbank -23% since start of month looking attractive as OpenAI formally announces IPO plans.


Japan Morning Connection: Ibiden Set to Recover as Intel Wins Google TPU Deal

<ul>
<li>Softbank claims Toyota's crown as Japan's largest company as ARM +15.7% on NVDA's PC superchip announcement.</li>
<li>QD Laser and TDK announce RGB laser partnership for building mass-production capability for smart-glasses hardware.</li>
<li>Space names facing heavy profit taking again despite Astroscale -14.2%, QPS -13.9% and Axelspace -10.6% yesterday.</li>
</ul>


Softbank claims Toyota's crown as Japan's largest company as ARM +15.7% on NVDA's PC superchip announcement.
QD Laser and TDK announce RGB laser partnership for building mass-production capability for smart-glasses hardware.
Space names facing heavy profit taking again despite Astroscale -14.2%, QPS -13.9% and Axelspace -10.6% yesterday.


Japan Morning Connection: Long AI Short Software Trade Unwinding as Jensen Backs Software

<ul>
<li>Shin Etsu likely to catch up today after Sumco's +19.23% move on Nomura TP raise from AI wafer demand.</li>
<li>Fuji Electric may get more attention after plans to launch a new liquid cooling product for servers which could reduce power by as much as 85%.</li>
<li>A surge in the US for software should help NEC, Fujitsu, OBIC which are all not far from their lows.</li>
</ul>


Shin Etsu likely to catch up today after Sumco's +19.23% move on Nomura TP raise from AI wafer demand.
Fuji Electric may get more attention after plans to launch a new liquid cooling product for servers which could reduce power by as much as 85%.
A surge in the US for software should help NEC, Fujitsu, OBIC which are all not far from their lows.


Japan Morning Connection: Blue Origin Blast Will Only Add to SpaceX IPO Excitement

<ul>
<li>Even a slight disappointment from NVDA could trigger a big correction in Japanese SPE names who have already started to waver in the last few days post-earnings. </li>
<li>Lasertec, Disco and Advantest retreating but merely a blip on their 1-year charts with room for more profit taking.</li>
<li>Space names Synspective and Axelspace still look attractive ahead of SpaceX pricing in 3 weeks.</li>
</ul>


Even a slight disappointment from NVDA could trigger a big correction in Japanese SPE names who have already started to waver in the last few days post-earnings. 
Lasertec, Disco and Advantest retreating but merely a blip on their 1-year charts with room for more profit taking.
Space names Synspective and Axelspace still look attractive ahead of SpaceX pricing in 3 weeks.


Japan Morning Connection: NVDA Numbers Tomorrow Loom Over Already Wavering SPE Names

<ul>
<li>Boeing China deal reported to be for as many as 500 aircraft — positive read for Toray and Japan's heavies who are suppliers to the 787 Dreamliner.</li>
<li>Space names heating up ahead of estimated June-July listing window with Astroscale +13.3% and QPS +5.8% yesterday.</li>
<li>TDK flagged alongside Himax as a key lifecording wearables play which will be the eyes and ears of AI as wearables become more and more ubiquitous.</li>
</ul>


Boeing China deal reported to be for as many as 500 aircraft — positive read for Toray and Japan's heavies who are suppliers to the 787 Dreamliner.
Space names heating up ahead of estimated June-July listing window with Astroscale +13.3% and QPS +5.8% yesterday.
TDK flagged alongside Himax as a key lifecording wearables play which will be the eyes and ears of AI as wearables become more and more ubiquitous.


Japan Morning Connection: Toray and the Heavies in Focus as China Eyes a Possible Deal with Boeing

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 (9984 JP)

Japan Morning Connection: Ibiden Set to Recover as Intel Wins Google TPU Deal

Intel's Google TPU win may lift Ibiden, while Corning's Amazon deal may help Fujikura recover. Panasonic could see a lift on AI infrastructure plans.

Andrew Jackson

Japan Morning Connection: Long AI Short Software Trade Unwinding as Jensen Backs Software

Software set to surge with Jensen’s narrative that AI agents will consume more software, and that demand for software engineers is set to sharply...

Andrew Jackson

Japan Morning Connection: Blue Origin Blast Will Only Add to SpaceX IPO Excitement

Space names Axelspace, QPS, Synspective and Astroscale all sold off Friday on Blue Origin explosion but unlikely to wallow long with SpaceX IPO...

Andrew Jackson

Japan Morning Connection: NVDA Numbers Tomorrow Loom Over Already Wavering SPE Names

SPE names brace for NVDA numbers tomorrow after already wavering post earnings. Market remains gun-shy on mainstay AI plays making it likely for...

Andrew Jackson

Japan Morning Connection: Toray and the Heavies in Focus as China Eyes a Possible Deal with Boeing

Boeing's China deal boosts Toray and Japan's heavies; Space names like Astroscale and QPS surge; TDK flagged as a play for lifecording AI wearables.

Andrew Jackson

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Japan Morning Connection: Ibiden Set to Recover as Intel Wins Google TPU Deal

Intel's Google TPU win may lift Ibiden, while Corning's Amazon deal may help Fujikura recover. Panasonic could see a lift on AI infrastructure plans.

Andrew Jackson

Japan Morning Connection: Long AI Short Software Trade Unwinding as Jensen Backs Software

Software set to surge with Jensen’s narrative that AI agents will consume more software, and that demand for software engineers is set to sharply...

Andrew Jackson

Japan Morning Connection: Blue Origin Blast Will Only Add to SpaceX IPO Excitement

Space names Axelspace, QPS, Synspective and Astroscale all sold off Friday on Blue Origin explosion but unlikely to wallow long with SpaceX IPO...

Andrew Jackson

Japan Morning Connection: NVDA Numbers Tomorrow Loom Over Already Wavering SPE Names

SPE names brace for NVDA numbers tomorrow after already wavering post earnings. Market remains gun-shy on mainstay AI plays making it likely for...

Andrew Jackson

Japan Morning Connection: Toray and the Heavies in Focus as China Eyes a Possible Deal with Boeing

​Boeing's China deal boosts Toray and Japan's heavies; Space names like Astroscale and QPS surge; TDK flagged as a play for lifecording AI wearables.

Andrew Jackson

Boeing's China deal boosts Toray and Japan's heavies; Space names like Astroscale and QPS surge; TDK flagged as a play for lifecording AI wearables.