Report
Pelham Smithers ...
  • Thao Nguyen
  • William Nestuk

PSA Remembrance Day: HK a factor / Tencent, Nintendo and China / Toshiba earnings, Kioxia / Daifuku firm /iStyle's surge - Nikkei -0.26%

Japan Market Comment by Pelham Smithers, William Nestuk and Thao Nguyen
Nikkei ¥23,331.84 (-¥60.03 / -0.26%); Topix ¥1,704.03 (+¥1.26 / +0.07%); ¥/$109.02
Tags: Honda (7267 JT), Tokyo Seimitsu (7729 JT), Shimane Bank (7150 JT) Fukushima Bank (8562 JT), SBI Holdings (8473 JT), Sony (6758 JT), Tencent (700 HK), Nintendo (7974 JT), Koei Tecmo (3635 JT), Toshiba (6502 JT), Toshiba Tec (6588 JT), Kioxia Memory (pvt., pre- IPO), Daifuku (6383 JT), BOE (000725 CH), istyle (3660 JT)
Main Points
• Japanese shares mixed following events in HK
• Tencent looking to make console games using Nintendo characters
• Toshiba 1H OP up 7x – Nikkei
• Daifuku firm
• istyle surges on expectation of smaller losses
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
Pelham Smithers

Thao Nguyen

William Nestuk

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