PSA Today 30 May: Steady, rotational market / Record profits for Sony in FY23? / Powerful merger of Hino and Mitsubishi Fuso / Yaskawa's 1 June IR day – Nikkei 225 +0.30% | ¥$140.23
Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk and Thao NguyenTags: Nissan Motor (7201 JT), Olympus (7733 JT), Subaru (7270 JT), Secure Inc (4264 JT), Birdman (7063 JT), Advantest (6857 JT), Screen (7735 JT), A&D Holon (7745 JT), Lasertec (6920 JT), Jeol (6951 JT), Socionext (6526 JT), Sony (6758 JT), CD Projekt (CDR PW), Istyle (3660 JT), Take Two (TTWO US), Toyota Motor (7203 JT), Hino Motor (7205 JT), Daimler Truck Holding (DTG GR), Volvo Trucks (VOLVB SW), Yaskawa Electric (6506 JT)
Main Points
• Tokyo shares reverse early losses to close little changed as market rotates
• Might Sony enjoy record profits in FY23?
• Merger between Hino and Mitsubishi Fuso
• Yaskawa near record high ahead of 1 June IR Day
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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