Pelham Smithers Associates Ltd - PSA Today 17 May: 30,000 / Japan GDP motoring / Interest in Apples WWDC / Fujifilm, peers, and semis / SMC and Yaskawa pull back / Gee whizz, hydrogen motorcycles – Nikkei 225 +0.84% | ¥136.80

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Pelham Smithers Associates Ltd

Joel Scheiman ...

Julie Boote
Pelham Smithers
Thao Nguyen
William Nestuk

PSA Today 17 May: 30,000 / Japan GDP motoring / Interest in Apple's WWDC / Fujifilm, peers, and semis / SMC and Yaskawa pull back / Gee whizz, hydrogen motorcycles – Nikkei 225 +0.84% | ¥136.80

Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk and Thao Nguyen
Tags: Lasertec (6920 JT), Tokyo Electron (8035 JT), TSMC (2330 TT), IBM (IBM US), Micron (MU US), Intel (INTC US), Shinko Electric (6967 JT), Ibiden (4062 JT), Nikon (7731 JT), SoftBank Group (9984 JT), Arm, Rakuten (4755 JT), KDDI (9433 JT), QoL Holdings (3034 JT), Daiichi Sankyo (4568 JT), CyberAgent (4751 JT), OpenAI, Apple (AAPL US), Microsoft (MSFT US), Sony (6758 JT), JSR (4185 JT), Mitsui Mining & Smelting (5706 JT), Fujifilm Holdings (4901 JT), Entegris (ENTG US), Yaskawa Electric (6506 JT), SMC (6273 JT), Honda (7267 JT), Suzuki Motor (7269 JT), Yamaha Motor (7272 JT), Kawasaki Heavy Industries (7012 JT), Toyota Motor (7203 JT)
Main Points
• Nikkei 225 bucks global sell-off to break 30,000 on strong GDP data.
• Japan GDP +0.4% QoQ.
• Interest in WWDC 2023 on the up.
• Fujifilm and peers remain bullish on semiconductors.
• SMC and Yaskawa pull back
• Japanese assemblers are developing hydrogen motorcycles

17/05/2023 1 EN

Provider

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.

See profile

Analysts

Joel Scheiman

Julie Boote

Pelham Smithers

Thao Nguyen

William Nestuk

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PSA Today 17 May: 30,000 / Japan GDP motoring / Interest in Apple's WWDC / Fujifilm, peers, and semis / SMC and Yaskawa pull back / Gee whizz, hydrogen motorcycles – Nikkei 225 +0.84% | ¥136.80

The PSA Research Round-Up for the Two-Week Period Covering 11~25 April 2025

PSA Broadline Retail: Treasure Factory (3093 JT): Inbound Sales Still Solid in Q1

PSA Today 25 Apr: Most of tariff fall recouped now / Tokyo CPI / Analyst articles on Advantest, Nissan, Hino, Denso, HCM, NRI, NTT Data, Chugai, DSK – Nikkei 225 +1.90% | ¥$143.55

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