PSA Today 20 July: A decline on tech earnings worries / Rapid decline of machine tool order backlog / Disco's Q1 / Nidec posts a record quarter / Considering Mercari – Nikkei 225 -1.23% | $139.41
Main Points• Tokyo shares decline on SOX, tech earnings concerns
• Machine tool order backlog declining more rapidly
• Disco FY23 Q1 OP -21% YoY
• Nidec reports record quarterly profits for FY23 Q1
• Reviewing Mercari in light of recent good run
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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