PSA Machinery: Harmonic Drive Systems' (6324 JT) Resilience
Analyst William Nestuk remains positive on Harmonic Drive Systems’ prospects, despite the temporary inventory glut and threat of competition. The firm is also now supplying Nissan with a new automotive application which boosts fuel efficiency and given the pressure for automakers to meet global emission targets, demand could rise considerably in the future.
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.
PSA produces both company and sector reports. The focus of PSA’s research is to identify winners and losers as new technologies impact the top and bottom lines of corporations. Critical to our research is the clear explanation of how these new technologies work and how they impact companies and industries.
The founding partners have worked closely together for twenty years and the team has more than doubled in size since 2012.
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