Report
Hiroyuki Terada ...
  • Julie Boote
  • Pelham Smithers

PSA Today 17 Jan: Down having been up / Considering the TSE's Prime and Standard markets strategy / Fujitsu and Horizon / TOY's 2024 plans / Dec inbound tourism – Nikkei 225 -0.40% | $147.91

PSA Today Japan Market Comment by Pelham Smithers, Julie Boote and Hiroyuki Terada
Tags: Lasertec (6920 JT), Tokyo Electron (8035 JT), Ibiden (4062 JT), Socionext (6526 JT), Sakura Internet (3778 JT), Kyoritsu Electric (6874 JT), Hogy Medical (3593 JT), M3 Inc (2413 JT), Sysmex (6869 JT), Daiichi Sankyo (4568 JT), Chugai Pharmaceutical (4519 JT), Eisai (4523 JT), Astellas (4503 JT), Fujitsu (6702 JT), Toyota Motor (7203 JT), SoftBank Group (9984 JT), Hitachi (6501 JT), Sony (6758 JT), Oracle Japan (4716 JT), NTT Corp (9432 JT), Tokyo Steel (5423 JT), Nippon Steel (5401 JT), Nucor (NUE US), Accenture (ACN US), Capgemini (CAP FP), IBM (IBM US), Capita (CPI LN), Microsoft (MSFT US), Oracle (ORCL US), NEC Corp (6702 JT), Amazon (AMZN US), BAE Systems (BA/ LN), Thales (HO FP), Babcock (BAB LN), Balfour Beatty (BBY LN), Jacobs Solutions (J US), KBR (KBR US), Kier (KIE LN), Atos (ATO FP), DXC Technology (DXC US), Leidos (LDOS US), Sopra Steria (SOP FP), (BT (BT/A LN), Vodafone (VOD LN), ISS (ISS DC), Mitie (MTO LN), Serco (SRP LN), Sodexo (SW FP), Hino Motors (7205 JT), Daihatsu, Sanrio (8136 JT), Kyoritsu Maintenance (9616 JT), Park24 (4666 JT)
Main Points
• Tokyo shares end lower, reversing massive early gains on China data, US rates worries
• TSE ups the ante on corporate behaviour and disclosure as prime and standard markets bifurcate
• Fujitsu starts publicly addressing Horizon
• Toyota forecasts a further production rise in 2024
• Record Dec-level of visitors to Japan
Provider
Pelham Smithers Associates Ltd
Pelham Smithers Associates Ltd

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. 

Analysts
Hiroyuki Terada

Julie Boote

Pelham Smithers

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