PSA Today 1 Dec: Powell's comments weaken yen and sees Japan higher / Zoom sues Zoom / Mitsubishi Chem to exit petrochems / Money Forward's revision down – Nikkei 225 +0.41%
Japan Market Comment by Pelham Smithers, Joel Scheiman and Lindsay WhippTags: Daikin (6367 JT), Fanuc (6954 JT), Sony (6758 JT), Toyota Motor (7203 JT), Nissan Motor (7201 JT), Hyundai Motor (005380 KS), Zoom (ZM US), Zoom Corp (6694 JT), Mitsubishi Chemical Holdings (4188 JT), Money Forward (3994 JT)
Main Points
• Tokyo rebounds as yen weakens on Powell comments
• Zoom sues Zoom
• Mitsubishi Chemical to exit petrochemicals
• Money Forward shares slip following downward revision and M&A
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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