PSA Today 2 July: Tokyo reacts positively to yen, Wall Street / Considering Sony / Nissan's EV plans / Mercari and cryptos – Nikkei 225 +0.27%
Japan Market Comment by Pelham Smithers, Julie Boote and Thao NguyenTags: Micron (MU US), Sompo Holdings (8630 JT), Nissan Motor (7201 JT), Subaru Corp (7270 JT), Sony (6758 JT), Internet Initiative Japan (3774 JT), Anritsu (6754 JT), Mirait Holdings (1417 JT), Kaken Pharmaceutical (4521 JT), Almirall (ALM SM), Carna Bioscience (4572 JT), Gilead Sciences (GILD US), Envision AESC, Tesla (TSLA US), VW (VOW GR), Renault (RNO FP), Mercari (4385 JT), Twitter (TWTR US), Avex (7860 JT), GMO Internet (9449 JT)
Main Points
• Tokyo rebounds on yen, Wall Street
• Sony 1Q FY21 OP revisited
• Nissan gains on EV expansion plans
• Mercari joins Japan Cryptocurrency Business Association
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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