PSA Today 13 April: Up, with new tech strong / Shionogi bad news / Machinery order backlog / China's video game sector thawing / Toyota launches bZ4X EV – Nikkei 225 +1.93%
Japan Market Comment by Pelham Smithers and Julie BooteTags: Denso (6902 JT), M3 Inc (2413 JT), Lasertec (6920 JT), Izumi (8273 JT), J Front Retail (3086 JT), Lawson (2651 JT), Toho (9602 JT), Shionogi (4507 JT), Takeda Pharmaceutical (4502 JT), Sansan Inc (4443 JT), Freee KK (4478 JT), Medley (4480 JT), SRE Holdings (2980 JT), Money Forward (3994 JT), Toyota Motor (7203 JT), Pfizer (PFE US), Merck (MRK US), Gilead (GULD US), Nexon (3659 JT), Bandai Namco (7832 JT), Koei Tecmo (3635 JT), CyberAgent (4751 JT), Subaru (7270 JT)
Main Points
• Tokyo shares reverse Tuesday’s losses as frontier tech stocks surge
• Shionogi’s Covid drug risks birth defects
• Japan machinery order backlog hits new high in February
• Signs of thaw in the Chinese video game sector
• Toyota launches bZ4X
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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