PSA Today 14 Sep: Buybacks, METI data / Nidec's Nagamori is back / MMC halts developing platforms in Japan / GA Technologies’ FY21 Q3 results and FY downward revision – Nikkei 225 +0.73%
Japan Market Comment by Pelham Smithers, Julie Boote and Thao NguyenTags: Koa Corp (6999 JT), Nichicon (6996 JT), Nippon Chemi-Con (6997 JT), Daishinku (6962 JT), SBI Holdings (8473 JT), Shinsei Bank (8303 JT), Money Forward (3994 JT), Asahi Kasei (3407 JT), Itamar Medical (ITMR US), Demae-Can (2484 JT), Z Holdings (4689 JT), Tokio Marine (8766 JT), Nidec (6594 JT), Mitsubishi Motors (7211 JT), Nissan Motor (7201 JT), GA Technologies (3491 JT)
Main Points
• Tokyo gains 1% on buybacks, METI data
• Nidec’s Nagamori is back
• Mitsubishi Motors stops developing platforms in Japan
• GA Technologies’ FY21 Q3 results and FY downward revision
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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