Report
Julie Boote ...
  • Pelham Smithers
  • William Nestuk

PSA Today Jan 4: Market soars through 23k/ Fintech and Ripple, cryptocurrencies and blockchain/Sony's Jumanji/ US 2017 auto sales/Automation notes - Nikkei +3.26%

Japan Market Comment by Pelham Smithers, Julie Boote and William Nestuk
Nikkei ¥23,506.33 (+¥741.39 / +3.26%); Topix ¥1,863.82(+¥46.26/ +2.55%); ¥/$112.66
Tags: Solxyz (4284), SBI Holdings (8473), Credit Saison (8253), GMO Internet (9449), Remixpoint (3825), Digital Garage (4819), NEC (6701), Fujitsu (6702), Hitachi (6501), NTT Data (9613), Sony (6758), Toyota (7203), Honda (7267), Nissan (7201), Daikin (6367), Jiangxi Copper Co (358 HK), Tongling Nonferrous Metals Group (000630 CH), Komatsu (6301), Hitachi Construction Machinery (6305), Fanuc (6954), IHI (7013), Airbus (AIR FP), Denso (6902), Aisin (7259)

  • Nikkei soars through 23,000, led by high beta names
  • Fintech names to the fore on Japan credit card / Ripple deal
  • Sony’s Jumanji brings in over US$350mil globally and is still #1 in US
  • 2017 US auto sales see first annual sales decline since 2009
  • Three high-profile machinery stocks hit yearly highs, with two of these listing highs
  • IHI, Fanuc and Denso remarks
Underlying
MARR SpA

MARR is a parent company engaged in commercialization and distribution of fresh, dried and frozen food products to the Foodservice sector. Through its subsidiaries, AS.CA. S.p.A. and SFERA S.p.A., Co. is engaged in the marketing and distribution of fresh, dried and frozen food products for Foodservice operators. Through its subsidiary, ALISEA soc. cons. a r.l., Co. is also engaged in hospital catering. In addition, through its subsidiaries, NEW CATERING S.r.l. and EMI.GEL. S.R.L., Co. markets and distributes foodstuff products to bars and fast food outlets, and through another subsidiary, BALDINI ADRIATICA PESCA S.r.l., it markets and distributes fresh and frozen seafood products.

Provider
Pelham Smithers Associates Ltd
Pelham Smithers Associates Ltd

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. 

Analysts
Julie Boote

Pelham Smithers

William Nestuk

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