PSA Today 19 Apr: Market recovering after weal Easter period / Significant currency impacts / Takeda's Covid vaccine approved / MMC's strong ASEAN growth / Strong Wacom – Nikkei 225 +0.69%
Japan Market Comment by Pelham Smithers, Julie Boote and William NestukTags: Lasertec (6920 JT), Tokyo Electron (8035 JT), Shin-Etsu Chemical (4063 JT), M3 (2413 JT), Recruit (6098 JT), OBIC Business Consultants (4733 JT), Z Holdings (4689 JT), Dip Corp (2379 JT), Daito Trust (1878 JT), KRS Corp (9369 JT), Credit Saison (8253 JT), GMO Payment Gateway (3769 JT), Osaka Gas (9532 JT), Mazda (7261 JT), Toyota Motor (7203 JT), Sony (6758 JT), Takeda Pharmaceutical (4502 JT), Novavax (NVAX US), Moderna (MRNA US), Shionogi (4507 JT), Daiichi Sankyo (4568 JT), Meiji Holdings (2269 JT), Mitsubishi Motors (7211 JT), Wacom (6727 JT)
Main Points
• Tokyo slides on US losses, despite boost from Fast Retailing numbers
• Hioki EE 1Q FY22
• Sumitomo, others, exiting some petrochemicals
• Subaru models encounter engine sensor malfunction
• Wacom approaches ¥1,000
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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