- Julie Boote
- Pelham Smithers
- Thao Nguyen
- William Nestuk
PSA Today 8 Aug: Higher despite China trade data / Renesas bags Sequans / Bandai Namco, Nikon, Sysmex Q1s / Daikin, Nabtesco, KHI comments / Trend Micro's Q2 – Nikkei 225 +0.38% | ¥$143.03
Main Points• Tokyo shares close higher despite weak China trade data
• Renesas acquires Sequans
• Bandai Namco FY23 Q1 OP -37% YoY
• Nikon FY23 Q1 OP -79% YoY
• Sysmex FY23 Q1 OP +20% YoY
• Mazda misses FY23 Q1 consensus estimates on higher expenses
• Nabtesco H1 call neutral
• KHI Q1 disappoints despite share gains for US motorcycles
• Daikin Q1 OP in-line but China strong
• Trend Micro’s Q2 earnings beat
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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