PSA Today 2 July: Back above 40k / Nexon's The First Descendant / China and rare earths / Suzuki's India slowdown / June KPIs for some specialty retailers – Nikkei 225 +1.12% | ¥$161.68
PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and Hiroyuki TeradaTags: Daiichi Sankyo (4568 JT), Mitsubishi UFJ (8306 JT), Murata Mfg (6981 JT), Subaru (7270 JT), Honda Motor (7267 JT), Nexon (3659 JT), Sony (6758 JT), China Rare Earth Resources and Technology Co (000831 CH), Shin-Etsu Chemical (4063 JT), Suzuki Motor (7269 JT), Maruti Suzuki (MSIL IN), Toyota Motor (7203 JT) United Arrows (7606 JT), ABC Mart (2670 JT), Treasury Factory (3093 JT)
Main Points
• Tokyo breaks back above 40,000 as dollar, oil surge, JGBs slump further
• Nexon releases The First Descendant
• China’s new rare earth policy lacks teeth for now
• Suzuki sees slowdown in India sales growth
• Specialty retailers’ June KPIs
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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