PSA Today 23 May: Profit-taking halts 8 days of gains / April global video game console sales / Defence plays rise / Recruit's YTD high today / NTT Data's global lab – Nikkei 225 -0.42%
PSA Today Japan Market Comment by Pelham Smithers, William Nestuk, Thao Nguyen and Lindsay WhippTags: M3 (2413 JT), Recruit (6098 JT), Sysmex (6869 JT), Olympus (7733 JT), Toyota Motor (7203 JT), Sony (6758 JT), Panasonic (6752 JT), Otsuka Holdings (4578 JT), Eisai (4523 JT), Chugai (4519 JT), Denso (6902 JT), Mitsubishi Electric (6503 JT), Secom (9735 JT), Mizuho Financial Group (8411 JT), Greenhill (GHL US), Microsoft (MSFT US), Nintendo (7974 JT), KHI (7012 JT) , MHI (7011 JT), IHI (7013 JT), Disco (6146 JT), NTT Data (9613 JT)
Main Points
• Profit-taking halts 8-day rally in Japanese shares
• Global video game console sales fall YoY in April
• Heavies rise on defence theme
• Recruit reaches a new YTD high
• NTT Data establishes global lab for burgeoning technologies
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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