- Julie Boote
- Lindsay Whipp
- Pelham Smithers
- Thao Nguyen
PSA Today 9 Nov: Market lower on strong yen, results / Improved profitability for Nissan Motor / Dena's Q2 beat / Nexon's Q3 beat but FY miss / Mixed messages from JMDC – Nikkei 225 -0.75%
Japan Market Comment by Pelham Smithers, Joel Scheiman, Julie Boote, Thao Nguyen and Lindsay WhippTags: Subaru (7270 JT), Toyota Motor (7203 JT), Mazda (7261 JT), Nissan Motor (7201 JT), Isuzu Motors (7202 JT), Kawasaki Heavy Industries (7012 JT), Toray (3402 JT), Kureha (4023 JT), Kaneka (4118 JT), JSR (4185 JT), SoftBank Group (9984 JT), Fast Retailing (9983 JT), Honda (7267 JT), DeNA (2432 JT), Nexon (3659 JT), JMDC (4483 JT)
Main Points
• Stronger yen and harsh reactions to results sees Japan lower
• Improved profitability outlook for Nissan
• DeNA’s FY21 Q2 earnings beat
• Nexon’s FY21 Q3 beat but FY guidance miss
• Mixed messages from JMDC’s FY21 H1
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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