PSA Today 21 Dec: Market rebounds / Micron results underscore DRAM market rebound / Minebea Mitsumi buys a new building / Sansan's Bill One invoicing system gets Dentsu as a new client – Nikkei 225 +2.08%
Japan Market Comment by Pelham Smithers, William Nestuk and Lindsay WhippTags: Shionogi (4507 JT), Daiichi Sankyo (4568 JT), Chugai Pharmaceutical (4519 JT), Lasertec (6920 JT), Tokyo Electron (8035 JT), Nintendo (7974 JT), Bandai Namco (7832 JT), M3 Inc (2413 JT), Money Forward (3994 JT), ANA Holdings (9202 JT), East Japan Railway (9020 JT), Kohoku Kogyo (6524 JT), Maruwa (5344 JT), Micron (MU US), Advantest (6857 JT), Texas Instruments (TXN US), Screen (7735 JT), Tokyo Seimitsu (7729 JT), Minebea Mitsumi (6479 JT), Nippon Express (9062 JT), Sansan (4443 JT), Dentsu Group (4324 JT)
Main Points
• Micron earnings, receding Covid concerns trigger market rebound
• Micron numbers underscore DRAM market rebound
• Minebea Mitsumi buys ¥73bil Tokyo office building from Nippon Express
• Sansan wins Dentsu as new client for Bill One invoicing
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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