PSA Communications / Internet: iStyle (3660 JT) – Solving Issues by Forming Alliances
Istyle faced a number of issues across all its segments prior to the Covid-19 pandemic, which was made worse during the health crisis. This doesn’t reflect well on management, who admitted that they were unable to respond to changes in the external environment. In light of this, the partnership with large and experienced companies such as Amazon and Mitsui & Co was cheered by investors. In this report, analyst Thao Nguyen goes through Istyle’s different challenges and discusses the potential contributions from its new allies.
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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