Report

PSA Today 30 Apr: Shares rise / Underwhelming macro / Video game round-up / Sumitomo Chem strategy flops / Komatsu's rare buyback / ExaWizards and Family Mart / MARI announces Q2 and Holds Meeting - Nikkei 225 +1.24%

PSA Today Japan Market Comment by Pelham Smithers, Joel Scheiman, William Nestuk and Lindsay Whipp
Tags: Mitsubishi Electric (6503 JT), Komatsu (6301 JT), Hitachi (6501 JT), M3 (2413 JT), Oriental Land (4661 JT), NEC Corp (6701 JT), Socionext (6526 JT), Advantest (6857 JT), PeptiDream (4587 JT), Nitto Denko (6988 JT), JSR (4185 JT), Toyota (7203 JT), Nintendo (7974 JT), Kadokawa (9468), Koei Tecmo (3635 JT), Warner Bros. Discovery (WBD US) Sega Sammy (6460 JT), Sony (6758 JT), Sumitomo Chemical (4005 JT), Sumitomo Pharma (4506), Hitachi Construction Machinery (6305 JT), ExaWizards (4259 JT), FamilyMart (unlisted), M&A Research Institute [MARI] (9552 JT)
Main Points
• Japan shares rise on US market gains, positive domestic earnings numbers
• Japanese economic data is again underwhelming
• Video game industry round-up
• Sumitomo Chemical’s strategy disappoints the market
• Komatsu’s first share buyback in 10 years
• Exawizards wins new client in Familymart
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. 

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