PSA Today 15 Oct: Yen at Y114/$, Wall Street gains help / VisasQ losses / Nidec's Zeekr good news / Money Forward doing well – Nikkei 225 +1.81%
Japan Market Comment by Pelham Smithers, Julie Boote and Lindsay WhippTags: Fanuc (6954 JT), Komatsu (6301 JT), TSMC (2330 TT), Tokyo Electron (8035 JT), Lasertec (6920 JT), Nintendo (7974 JT), Fast Retailing (9983 JT), Takashimaya (8233 JT), Demae-Can (2484 JT), Z Holdings (4689 JT),Toyota Motor (7203 JT), VisasQ (4490 JT), BASE Inc (4477 JT), Nidec (6594 JT), Geely (175 HK), Guangzhou Automotive (2238 HK), Money Forward (3994 JT), NTT Docomo, Mitsubishi UFJ Financial Group (8306 JT)
Main Points
• Yen at ¥114/$, Wall St gains power Topix higher
• VisasQ loses money in 2Q
• Nidec supplies e-Axle to new brand Zeekr
• Money Forward results in line with consensus estimates, on track to meet or beat top end of guidance
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.