PSA Today 16 Mar: Oil and yen supportive / Strong China macro data / Is Sony's sexism case moving to class action? / Higher PVC prices / Nidec rebounds – Nikkei 225 +1.64%
Japan Market Comment by Pelham Smithers, Julie Boote and Joel ScheimanTags: Delta Airlines (DAL US), Hitachi (6501 JT), Nidec (6594 JT), Murata (6981 JT), Tokyo Electric Power (9501 JT), Bandai Namco (7832 JT), Kadokawa Corp (9468 JT), KLab (3656 JT), Electronic Arts (EA US), Sony (6758 JT), Activision Blizzard (ATVI US), Shin-Etsu Chemical (4063 JT), Kaneka (4118 JT), Geely Automobile Holdings (175 HK), Guangzhou Automobile Group (2238 HK)
Main Points
• Tokyo stocks rise again as yen, oil prices stabilize, China surges
• China economic data much stronger than feared
• Is Sony’s sexism case moving on to class action status?
• Shin-Etsu, Kaneka hike PVC prices
• Nidec shares rebound
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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