Japanese Equity Specialist, Ortus Advisors

Andrew Jackson

Japanese Equity Specialist

Ortus Advisors

Thematic (Sector/Industry)

<ul>
<li>SMCI strong after showcasing its latest server products, while BESI drops -7.5% with its earnings beat not big enough.</li>
<li>AI plays in unlikely places: Oji Paper and Toto emerging from the bathroom to the cleanroom.</li>
<li>JSW +9.2% yesterday on US infrastructure potential, but likely we see more upside for Heavies as further conflict in the Middle East looms.</li>
</ul>


SMCI strong after showcasing its latest server products, while BESI drops -7.5% with its earnings beat not big enough.
AI plays in unlikely places: Oji Paper and Toto emerging from the bathroom to the cleanroom.
JSW +9.2% yesterday on US infrastructure potential, but likely we see more upside for Heavies as further conflict in the Middle East looms.


Japan Morning Connection: Markets Spooked by the Specter of Attacks on Iran

<ul>
<li>Micron up AH as numbers beat handily, but not on what you maybe thought. TP's for Sandisk and Kioxia get doubled but expect more on the follow.</li>
<li>Defense will be in focus after loosing their shine to AI on Trump's Ukraine comments and big Boeing deals in the wings.</li>
<li>Quantum names continue higher and Socionext's 7.5% move Monday should have more to run.</li>
</ul>


Micron up AH as numbers beat handily, but not on what you maybe thought. TP's for Sandisk and Kioxia get doubled but expect more on the follow.
Defense will be in focus after loosing their shine to AI on Trump's Ukraine comments and big Boeing deals in the wings.
Quantum names continue higher and Socionext's 7.5% move Monday should have more to run.


Japan Morning Connection: The US Expands Its Tech Reach, Looking to Aquire 10% of Lithium Americas

<ul>
<li>Cautious ASML guidance sets dour tone to start but weakness for semi's limited.</li>
<li>JNJ beats handily thanks to FX and medtech which should cause pharma and likes of Terumo to squeeze off the bell.</li>
<li>7&amp;I likely to be weak to start but unlikely there was too much residual expectation priced in after a difficult road for CT.</li>
</ul>


Cautious ASML guidance sets dour tone to start but weakness for semi's limited.
JNJ beats handily thanks to FX and medtech which should cause pharma and likes of Terumo to squeeze off the bell.
7&amp;I likely to be weak to start but unlikely there was too much residual expectation priced in after a difficult road for CT.


Japan Morning Connection: Couche-Tard Sounds the Retreat on Its Advances for 7&I

<ul>
<li>NVDA and AMD saving the market after weak banks earnings set a sour tone.</li>
<li>Chips news a big win for demand for Samsung memory which should play well for Micronics.</li>
<li>Apple cutting a manufacturing deal with MP Materials reiterates importance of rare earths access.</li>
</ul>


NVDA and AMD saving the market after weak banks earnings set a sour tone.
Chips news a big win for demand for Samsung memory which should play well for Micronics.
Apple cutting a manufacturing deal with MP Materials reiterates importance of rare earths access.


Japan Morning Connection: Only Tech in the Green After Dovish Stance Against AI Chips to China

<ul>
<li>Oracle order for millions of homes worth of power consumption sends DC and server related higher.</li>
<li>Power semis also up as analysts continue to take a more constructive view.</li>
<li>Gaming names may bounce after yesterdays dip given they are seen as 'tariff proof' ahead of deadline.</li>
</ul>


Oracle order for millions of homes worth of power consumption sends DC and server related higher.
Power semis also up as analysts continue to take a more constructive view.
Gaming names may bounce after yesterdays dip given they are seen as 'tariff proof' ahead of deadline.


Japan Morning Connection: AI and Tech Snaps Back with SOX at Recent Highs

Japan

TOWA CORPORATION produces semiconductor manufacturing equipment including mold packaging, IC inspection units, precision molds and dies, and plastic molds. The Company also provides technical consultation.

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Towa Corp (6315 JP)

Japan Morning Connection: Markets Spooked by the Specter of Attacks on Iran

Markets spooked by the specter of attacks on Iran as Trump looks for ways to force a deal. Power and industrial semi’s underperformed while Tech...

Andrew Jackson

Japan Morning Connection: The US Expands Its Tech Reach, Looking to Aquire 10% of Lithium Americas

Quantum names continue to do well which may send Socionext even higher. Micron's numbers after hours will add upside to Ibiden. Any pullback in...

Andrew Jackson

Japan Morning Connection: Couche-Tard Sounds the Retreat on Its Advances for 7&I

ASML guidance sets dour tone but market may have seen through the cautiousness, JNJ beats sending pharma higher giving some JP names a potential...

Andrew Jackson

Japan Morning Connection: Only Tech in the Green After Dovish Stance Against AI Chips to China

AI ecosystem given a lift by the US softening their stance on trade with China. Other sectors in the red after mixed earnings from banks...

Andrew Jackson

Japan Morning Connection: AI and Tech Snaps Back with SOX at Recent Highs

DC and server-related stocks boosted by Oracle's deal, while power semiconductors rise with positive outlook. Gaming stocks may rebound after a...

Andrew Jackson

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Japan Morning Connection: Markets Spooked by the Specter of Attacks on Iran

Markets spooked by the specter of attacks on Iran as Trump looks for ways to force a deal. Power and industrial semi’s underperformed while Tech...

Andrew Jackson

Japan Morning Connection: The US Expands Its Tech Reach, Looking to Aquire 10% of Lithium Americas

Quantum names continue to do well which may send Socionext even higher. Micron's numbers after hours will add upside to Ibiden. Any pullback in...

Andrew Jackson

Japan Morning Connection: Couche-Tard Sounds the Retreat on Its Advances for 7&I

​ASML guidance sets dour tone but market may have seen through the cautiousness, JNJ beats sending pharma higher giving some JP names a potential...

Andrew Jackson

Japan Morning Connection: Only Tech in the Green After Dovish Stance Against AI Chips to China

AI ecosystem given a lift by the US softening their stance on trade with China. Other sectors in the red after mixed earnings from banks...

Andrew Jackson

Japan Morning Connection: AI and Tech Snaps Back with SOX at Recent Highs

DC and server-related stocks boosted by Oracle's deal, while power semiconductors rise with positive outlook. Gaming stocks may rebound after a...

Andrew Jackson

ASML guidance sets dour tone but market may have seen through the cautiousness, JNJ beats sending pharma higher giving some JP names a potential...