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

PSA Today 31 May: Macro / Eisai / FCV-EVs/ Diamond Elec – Nikkei 225 -0.99%

Pelham Smithers Associates

PSA Today 31 May: Weak macro data / Apr retail sales / Eisai AD bet / FCV-EV race / Diamond Elec EV charger boost – Nikkei 225 -0.99%

Nikkei ¥28,860.08 (-¥289.08 / -0.99%); Topix ¥1,922.98 (-¥24.46 / -1.26%); Mothers ¥1,150.06 (+¥4.87 / +0.43%); ¥/$109.74

Tags: Komatsu (6301 JT), Daiichi Life (8750 JT), Nihon Dempa (6779 JT), IIJ (3774 JT), Cyber Security Cloud (4493 JT), Cybertrust Japan (4498 JT), Coly (4175 JT), Eisai (4523 JT), Biogen (BIIB US), Bioarctic (BIOAB SS), Toyota (7203 JT), Air Liquide Japan (AI FP), Zenrin (9474 JT), Nissan (7201 JT), Diamond electric (6699 JT)

Main Points
• Nikkei slides back below 29,000 on weak economic data
• Japan retail sales weaken in April
• Eisai and the AD bet
• The race in Japan between FCVs and EVs
• Diamond Electric boosted on EV chargers

Please see attached PDF for details
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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