PSA Today 15 Mar: Higher market on lower oil, stronger dollar / ARM jobs lost / Mitsui Chemicals cuts PTA capacity / CyberAgent's ABEMA to broadcast World Cup games – Nikkei 225 +0.15%
Japan Market Comment by Pelham Smithers, Joel Scheiman, and Thao NguyenTags: Eisai (4523 JT), Biogen (BIIB US), Ya-Man (6630 JT), Mitsui High-Tec (6966 JT), Poletowin Pitcrew (3657 JT), Shift Inc (3697 JT), Premier Anti-Aging (4934 JT), Nvidia (NVDA US), SoftBank Group (9984 JT), Alibaba (9988 HK), Renaissance IPO ETF (IPO US), Mitsui Chemicals (4183 JT), Mitsubishi Chemical Holdings (4188 JT), CyberAgent (4751 JT), TV Asahi (9409 JT)
Main Points
• Tokyo trades higher as oil falls, dollar rises
• Job losses at ARM
• Mitsui Chemicals to cut PTA capacity
• CyberAgent’s ABEMA to broadcast World Cup games
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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