PSA today 15 Mar: Worries ease / PS5 Pro confusion / Smaregi / Nidec under pressure / Anycolor Q3 beat - Nikkei 225 +0.03%
Japan Market Comment by Pelham Smithers, Julie Boote and Thao NguyenTags: Kobe Steel (5406 JT), Sekisui House (1928 JT), Advantest (6857 JT), MHI (7011 JT), Mitsui High-Tec (6966 JT), Mitsubishi Electric (6503 JT), Nidec (6594 JT), SoftBank Group (9984 JT), Silicon Valley Bank (SIVB US), Sony (6758 JT), Advanced Micro Devices (AMD US), Smaregi (4431 JT), Freee (4478 JT), Base Inc (4477 JT), GAC Motor (2238 HK), Anycolor (5032 JT)
Main Points
• Bank shares lead market rebound as contagion risk concerns diminish.
• Conflicting rumours over PS5 Pro in video game industry press
• Smaregi revises up
• Nidec under pressure
• Anycolor FY23 Q3 beats
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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