Daily Brief Thematic (Sector/Industry): Ohayo Japan | Goldman Says 20% Downside and more

• Equities fell on valuation concerns as AI stocks declined despite strong earnings, with Palantir dropping 8%.
• Nintendo’s 1H net profit surged 83% to ¥198bn on 110% higher sales, with FY3/26 profit forecast raised 26% to ¥350bn, driven by strong Switch 2 sales plans.
• Japan still earnings driven but stronger yen, weak overseas stocks and lower Futures suggest a period of consolidation.

• Of the 30 companies that constitute the Straits Times Index (STI), Real Estate Investment Trusts (REITs) have long been a cornerstone.
• For investors seeking growth and diversification beyond the blue-chip giants, the iEdge Singapore Next 50 indices present a compelling hunting ground beyond the 30 largest companies on the SGX. 
• These indices track the next 50 largest stocks after the top 30 SGX stocks ranked by market capitalization, and are home to a dynamic cohort of REITs.

• SMCI (bad)and AMD (good) numbers failing to lift the mood AH with CEO’s of GS, MS, Capital Group calling for a correction.
• Lasertec, Advantest, TEL and Kokusai likely to wobble at the open, but it may be too early for dip-buying yet.
• Nintendo posts impressive numbers and guidance looks obviously conservative with the NSW2 set to be their best selling console ever.

Each week, I’ll share five intriguing investment ideas that recently caught my attention. These ideas are meant to spark your research and help you kickstart the week ahead with fresh insights.

Because these ideas are the result of my first-level idea generation process, they require more in depth research. Therefore, the ideas will often be concise, with occasional references to valuable work from other practitioners that I encourage you to explore.

If you have something fascinating to share that could benefit me and the wider community, don’t hesitate to send it my way—I’d love to hear from you!

• U.S. had 78,692 public EV stations and 235,398 ports as of Oct 2025, up 4.9% YTD; California led with 24% share.
• ChargePoint dominates Level 2 chargers (33% share), while Tesla leads in DC Fast charging (54% of total DC ports). Electrify America and EVgo follow with ~8% and 7% shares.
• Europe surpassed 1 million charge points; China reached 4.32 million public and 17.35 million total chargers by Aug 2025.

• Temasek is considering a merger between Mapletree and Capitaland to form a $150 billion fund manager.
• Wee Hur and Aravest are collaborating to acquire Singapore’s Hotel Miramar for $123 million.
• Aravest has also acquired a 50% stake in a Brisbane office tower for $131 million with SMFL’s backing.

• UOB KayHian issues ‘Buy’ rating for ASL Marine, target price at 33 cents.
• Analysts boost outlook on Wilmar after 3Q update and Indonesia cooking oil case end.
• CGSI expects DFI to prioritize medium-term goals and acquisitions at the investor day.