Report
Joel Scheiman ...
  • Pelham Smithers
  • William Nestuk

PSA Today 3 Apr: Shrugging off worries to close higher / Tankan / Falling memory prices / Global video console sales / UBE's EV machinery / Toyota Industries rebound – Nikkei 225 +0.52%

Japan Market Comment by Pelham Smithers, Joel Scheiman and William Nestuk
Tags: SRE Holdings (2980 JT), M3 (2413 JT), Z Holdings (4689 JT), Money Forward (3994 JT), Freee KK (4478 JT), Tesla (TSLA US), Panasonic (6752 JT), Contemporary Amperex Technology (300750 CH), UBE Corp (4208 JT), Samco Inc (6387 JT), Lasertec (6920 JT), Torex Semiconductor (6616 JT), Micron (MU US), TSMC (2330 TT), Renesas Electronics (6723 JT), Infineon (IFX GY), Sony (6758 JT), Nintendo (7974 JT), Microsoft (MSFT US), Toyota Industries (6201 JT), IDRA Group
Main Points
• Tokyo shares shrug off weak Tankan, oil production cuts, to close higher.
• Memory chip prices continue to fall in March.
• Global video game console sales +41% YoY in February.
• UBE shares rise on EV machinery news.
• Toyota Industries rebounds on briefing over forklift engine certification.
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

William Nestuk

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