PSA Today 20 July: Market surges / Sony wins opening round in PlayStation Store legal battle / ASML cuts FY revenue guidance / Nidec's FY22 Q1 results – Nikkei 225 +2.67%
Japan Market Comment by Pelham Smithers and Julie BooteTags: Netflix (NFLX US), Sony (6758 JT), Hioki EE (6866 JT), Nidec (6594 JT), Toyota Motor (7203 JT), Toshiba (6502 JT), Bain, CVC, Brookfield (BAM US), KKR ( KKR US), Monex Group (8698 JT), GMO Internet (9449 JT), SBI Holdings (8473 JT), Zeon (4205 JT), Mimasu Semiconductor (8155 JT), Takeda Pharmaceutical (4502 JT), IHI (7013 JT), ASML (ASML NA)
Main Points
• Tokyo surges on back of Wall Street rally
• Sony wins opening round in PlayStation Store legal battle
• ASML cuts full year revenue guidance
• Nidec produces flat FY22 Q1 profits, supported by weaker Yen
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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