PSA Today 28 May: Ending the week on a high note / Sony's prospects / Kaneka's ambitions – Nikkei 225 + 1.87%
Japan Market Comment by Pelham Smithers and Joel ScheimanNikkei ¥29,149.41 (+¥600.40 / +2.10%); Topix ¥1,946.80 (+¥36.42 / +1.87%); ¥/$109.91
Tags: MHI (7011 JT), Hitachi (6501 JT), Fuji Electric (6504 JT), Murata (6981 JT), Rohm (6963 JT), Nidec (6594 JT), Molitec Steel (5986 JT), Nippon Kodoshi (3891 JT), Toshiba (6502 JT), Toyo Seikan (5901 JT), Fuji Oil (5017 JT), Sony (6758 JT), Anap (3189 JT), Zozo (3092 JT), Phil Company (3267 JT), CyberAgent (4751 JT), Avex (7860 JT), Kaneka (4118 JT)
Main Points
• Topix ends week on high note as energy plays, corporate activism come to the fore
• Sony sets the temperature for the coming years
• Kaneka’s ambitious FY21~FY22 targets
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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