PSA Today 23 Dec: Financials strong amid afflicted market / 50% 2022 memory price falls / JSR considered / Fanuc poised / Enechange's carbon capture -Nikkei 225 -1.03%
Japan Market Comment by Pelham Smithers, Joel Scheiman, William Nestuk and Lindsay WhippTags: Micron (MS US), Lam Research (LRCX US), Lasertec (6920 JT), Tokyo Electron (8035 JT), Eisai (4523 JT), Sysmex (6869 JT), Mitsubishi UFG (8306 JT), US Bancorp (USB US), Toshiba (6502 JT), Samsung Electronics (005930 KS), SK Hynix (000660 KS), JSR (4185 JT), Tokyo Ohka Kogyo (4186 JT), Fanuc (6954 JT), Daifuku (6383 JT), SMC (6273 JT), Keyence (6861 JT), Yaskawa (6506 JT), Komatsu (6301 JT), Enechange (4169 JT), Daiwa Securities (8601 JT), Chevron (CVX US)
Main Points
• US GDP, Micron guidance hit Japan shares, but financials again make gains
• Memory chip prices likely to have fallen 50% in 2022
• JSR shares may be oversold
• Fanuc resilient at ¥20,000 support
• Enechange invests in Canadian carbon capture firm
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.