PSA Today 21 June: Buoyed by commodity price falls / Video game console sales / NEC, AVEVA, factory DX / Honda's EV China plant / Considering CyberAgent – Nikkei 225 +1.84%
Japan Market Comment by Pelham Smithers, Julie Boote, and Thao NguyenTags: Daikin (6367 JT), West Japan Railway (9021 JT), Nissan Motor (7201 JT), Renault (RNO FP), Sony (6758 JT), TSMC (2330 TT), GA Technologies (3491 JT), Renova (9519 JT), eRex (9517 JT), Mitsui Matsushima (1518 JT), Nippon Steel (5401 JT), Nintendo (7974 JT), Microsoft (MSFT US), NEC (6701 JT), Aveva, Hitachi (6501 JT), NTT (9432 JT), Honda (7267 JT), Guangzhou Automobile Group (2238 HK), Dongfeng Motor Group (489 HK), Tesla (TSLA US), Nio (NIO US), CyberAgent (4751 JT), Kakao Games (293490 KS)
Main Points
• Tokyo reverses yesterday’s losses as weaker commodity prices seen as bringing relief to industry
• Video game console sales continue to slide
• Honda starts building EV plant in China
• CyberAgent surges as Uma Musume ranks No. 1 in Korea
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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