PSA Today 2 Aug: Severe sell-off / Strategy notes after the fall / Sumi Chem's encouraging Q1 / Omron's Q1 miss / Sanrio's strong Q1– Nikkei 225 -5.81% | ¥$148.81
PSA Today Japan Market Comment by Pelham Smithers, Joel Scheiman, Hiroyuki Terada and Nia DokovaTags: Intel (INTC US), Amazon (AMZN US), Daiwa Securities (8601 JT), Sony (6758 JT), Toyota Motor (7203 JT), Canon (7751 JT), Japan Airlines (9201 JT), NH Foods (2282 JT), Konami (9766 JT), MonotaRO (3064 JT), Mitsubishi Heavy (7011 JT), Lasertec (6920 JT), Isetan Mitsukoshi (3099 JT), Screen Holdings (7735 JT), Sumitomo Chemical (4005 JT), JMDC (4483 JT), TIS (3626 JT), Chugai Pharmaceutical (4519 JT), Hitachi (6501 JT), Nidec (6594 JT), NEC (6701 JT), Keyence (6861 JT), Fanuc (6954 JT), Sanrio (8136 JT), SBI Holdings (8473 JT), Tokyo Electron (8035 JT), Omron (6645 JT)
Main Points
• Sharpest sell-off in the Nikkei 225 since 2016
• Is now the time to take a risk on the Japanese stock market or is it time to play safe?
• Sumitomo Chemical’s FY24 1Q – a better-than-expected start
• Omron’s FY24 1Q misses revenue consensus
• Sanrio’s FY24 Q1 exceeds expectations
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.