PSA Today 12 Jan: Wall Street triggers a switchback towards gains for the year so far / Raising prices in Japan / Sony and PS4 production / CyberAgent acquires BABEL LABEL – Nikkei 225 +1.92%
Japan Market Comment by Pelham Smithers, William Nestuk and Thao NguyenTags: Softbank Group (9984 JT), Keyence (6861 JT), Tokyo Electron (8035 JT), Eisai (4523 JT), Biogen (BIIB US), Yaskawa Electric (6506 JT), Disco (6146 JT), Aeon Mall (8905 JT), Cosmos Pharmaceutical (3349 JT), Izumi (8273 JT), Monotaro (3064 JT), Daikin (6367 JT), Tokyo Steel (5423 JT), Koei Tecmo (3635 JT), Fanuc (6954 JT), Nidec (6594 JT), Canon Electronics (7739 JT), Koa (6999 JT), Canon (7751 JT), Fujitsu (6702 JT), Sony (6758 JT), Advanced Micro Devices (AMD US), Apple (AAPL US), CyberAgent (4751 JT), Netflix (NFLX US), TV Asahi (9409 JT)
Main Points
• Nikkei 225 climbs, eradicating 2022 YTD losses on Wall St gains
• Are Japanese companies behind the curve on raising prices?
• Sony to keep making PS4s through 2022
• CyberAgent acquires content studio BABEL LABEL
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.
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