PSA Today 16 Oct: Tokyo slide amid Middle East tensions / WDD, Kioxia deal back on the cards / Mazda pondering its EV strategy / Money Forward tumbles – Nikkei 225 -2.03% | ¥$149.56
PSA Today Japan Market Comment by Pelham Smithers, Julie Boote and Lindsay WhippTags: Canon (7751 JT), Tokyo Electron (8035 JT), Lam Research (LRCX US), Western Digital (WDC US), Kioxia, Money Forward (3994), Sansan (4443 JT), Appier (4180 JT), Freee KK (4478 JT), Cybozu (4776 JT), Shift Inc (3697 JT) Seagate (STX US), Samsung Electronics (005930 KS), SK Hynix (000660 KS), Micron (MU US), Toshiba (6502 JT), Socionext (6526 JT), Mazda Motor (7261 JT), Obic Business Consultants (4733 JT)
Main Points
• Tokyo shares slide amid heightened Middle East tensions
• WDC / Kioxia deal back on the cards
• Mazda pondering EV possibilities
• Money Forward tumbles following FY23 operating loss 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.
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