PSA Today 14 Jan: Slide after Nasdaq sell-off / Nintendo's Switch conundrum / Demae-Can's losses / Sansan trips up in Q2 - Nikkei 225 -1.28%
Japan Market Comment by Pelham Smithers, Thao Nguyen and Lindsay WhippTags: Sumitomo Metal Mining (5713 JT), Nippon Steel (5401 JT), Sony (6758 JT), Komatsu (6301 JT), Seven & I (3382 JT), Fast Retailing (9983 JT), Bic Camera (3048 JT), WingArc1st (4432 JT), Sansan (4443 JT), Hitachi (6501 JT), Hitachi Construction Machinery (6305 JT), Kirin (2503 JT), World, Narumiya International (9275 JT), Nintendo (7974 JT), Sony (6758 JT), Microsoft (MSFT US), Demae-can (2484 JT), Delivery Hero (DHER GR), Bengo4.com (6027 JT), Money Forward (3994 JT), Freee kk (4478 JT), Creative Survey, Satori.
Main Points
• Tokyo slides following Nasdaq sell-off
• Nintendo’s problem for 2022: deciding when to call “time” on the Switch
• Demae-can’s FY22 Q1 operating loss widened by ¥5.7bil YoY
• Sansan FY22 Q2 Results: Contact management ARPA grinds to halt
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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