PSA Today 21 Dec: Tokyo follows Wall St lower / Nexon's The Finals drops a spot in the Steam charts / Japan's 2024 budget / Daihatsu issue / Fujitsu General sale could be rushed – Nikkei225 -1.59% | ¥$143.21
PSA Today Japan Market Comment by Pelham Smithers, Julie Boote and William NestukTags: Fast Retailing (9983 JT), Renesas (6723 JT), Hitachi (6501 JT), Petrofac (PFC LN), TennetT Corp (pvt), Sony (6758 JT), Zee Entertainment (Z IN), Peptidream (4587 JT), Toyota Motor (7203 JT0, Subaru (7270 JT), Mazda Motor (7261 JT), Suzuki Motor (7269 JT), Aisin (7259 JT), Nexon (3659 JT), CyberAgent (4755 JT), Hino Motors (7205 JT), Mitsubishi Motors (7211 JT), Fujitsu General (6755 JT), Fujitsu (6702 JT)
Main Points
• Nikkei 225 drops 500pts as Tokyo shares follow Wall Street lower
• The Finals drops one spot in Steam charts
• Japan unveils 2024 budget
• Auto shares sold off on Daihatsu sales suspension
• Fujitsu General sale could be rushed
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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