Report
Joel Scheiman ...
  • Pelham Smithers

PSA Today 27 May: Profit taking / IIJ & the power of compound interest / Sony's PS5 targets / Strength of Shin-Etsu's PVC – Nikkei 225 -0.33%

Japan Market Comment by Pelham Smithers and Joel Scheiman
Nikkei ¥28,549.01 (-¥93.18 / -0.33%); Topix ¥1,911.02 (-¥9.65 / -0.50%); Mothers ¥1,145.88 (-¥2.70 / -0.24%); ¥/$109.09
Tags: Panasonic (6752 JT), Recruit Holdings (6098 JT), NEC (6701 JT), Fujitsu (6702 JT), Internet Initiative Japan (3774 JT), Sony (6758 JT), Amazon (AMZN US), Nintendo (7974 JT), Warner Music (WMG US), ON Semi (ON US), LG Electronics (066570 KS), Square Enix (9684 JT), Sharp (6753 JT), Onkyo Home Entertainment (6628 JT), NTT (9432 JT), Westlake Chemical Corp (WLK US), Shin-Etsu Chemical (4063 JT)
Main Points
• Profit-taking in DX names, cyclicals sees much of week’s gains reversed
• IIJ & the power of compound interest
• Sony eyeing 23mil PS5 console sales in FY22
• Shin-Etsu’s PVC – from strength to strength
Provider
Pelham Smithers Associates Ltd
Pelham Smithers Associates Ltd

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. 

Analysts
Joel Scheiman

Pelham Smithers

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