- Julie Boote
- Pelham Smithers
- Thao Nguyen
- William Nestuk
PSA Today 9 Aug: SoftBank and TEL trigger slide / Nexon's Q2 / Toray guidance / Mazda's Q1 loss / Considering Daifuku / Trend Micro's prospects – Nikkei 225 -0.88%
Japan Market Comment by Pelham Smithers, Joel Scheiman, Julie Boote, William Nestuk and Thao NguyenTags: Tokyo Electron (8035 JT), SoftBank Group (9984 JT), Nvidia (NVDA US), Nexon (3659 JT), Mercari (4385 JT), Trend Micro (4704 JT), Olympus (7733 JT), Toray (3402 JT), Nissha (7915 JT), Nissan Chemical (4021 JT), GMO Financial Gate (4051 JT), Boeing (BA US), Mazda (7261 JT), Toyota Motor (7203 JT), Daifuku Industries (6383 JT)
Main Points
• Japan shares slide on SoftBank, Tokyo Electron earnings
• Nexon 2Q FY22 OP +47% YoY
• Toray guides for higher carbon fiber OP, cuts plastics
• Mazda reports FY22 Q1 operating loss
• Daifuku hit by Shanghai lockdown but more China business ahead
• Trend Micro’s FY22 Q2 OP misses
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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