PSA Today 7 Mar: Here comes the yen / Jan's wage growth / Capcom's FY24 line-up / Astellas and Veozah / KHI hits 8-yr high – Nikkei 225 -1.23% | ¥$148.35
PSA Today Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk and Nia DokovaTags: Sakura Internet (3778 JT), Cross Cat (2307 JT), Sanoyas Holdings (7022 JT), Namura Shipbuilding (7014 JT), MHI (7011 JT), KHI (7012 JT), Capcom (9697 JT), Nexon (3659 JT), Canon (7751 JT), Nissan Motor (7201 JT), Internet Initiative Japan (3774 JT), Square Enix (9684 JT), Koei Tecmo (3635 JT), Astellas Pharma (4503 JT)
Main Points
• Nikkei 225 falls below 40,000 on interest rate hike expectations
• Wage growth stronger than expected in January
• Capcom FY24 line-up being fleshed out
• Astellas announces Japan Phase 3 studies for Veozah
• KHI hits 8-yr high
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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