PSA Today 8 Mar: Up despite Fed comments / Reflecting on Ricoh / Grim Jan camera shipments / Asahi Kasi's FY22 guidance lowered – Nikkei 225 +0.48%
Japan Market Comment by Pelham Smithers, Julie Boote and Joel ScheimanTags: Nissan Motor (7201 JT), Nitori (9843 JT), Mitsubishi Motors (7211 JT), Mazda (7261 JT), Toyota Motor (7203 JT), Honda (7267 JT), Tokyo Seimitsu (7729 JT), J Front (3086 JT), Komatsu (6301 JT), Sharp (6753 JT), Hon Hai (2317 TT), Ricoh (7752 JT), Sony (6758 JT), Cybozu (4776 JT), Canon (7751 JT), Konica Minolta (4902 JT), Fujifilm (4901 JT), Kyocera (6971 JT), Brother (6448 JT), Seiko Epson (6724 JT), Samsung Electronics (005930 KS), HP (HPQ US), Nikon (7731 JT), Asahi Kasei (3407 JT), Ube Corp (4208 JT)
Main Points
• Topix continues to rally despite Fed comments, Wall Street sell-off
• Ricoh: solutions for others, not for itself
• Camera shipments -35% YoY in Jan
• Asahi Kasei guides for FY22 loss after Polypore write-down
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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