PSA Today Apr 1: US Covid-19 concerns spill over / Tankan / March retail sales and Covid-19 / Has Covid-19 killed the compact camera? / Toray's carbon fiber / GA Technologies' successful tech-based solutions – Nikkei - 4.50%
Japan Market Comment by Pelham Smithers, Joel Scheiman and Thao NguyenNikkei ¥18,065.41 (-¥851.60 / -4.50%); Topix ¥1,351.08 (-¥51.96/ -3.70%); ¥/$107.40
Tags: Nihon Kohden (6849), NTT DOCOMO (9437 JT), Aeon (8267 JT), Ajinomoto (2802 JT), Oriental Land (4661 JT), ANA Holdings (9202 JT), Nintendo (7974 JT), Capcom (9697 JT), GungHo (3765 JT), Square Enix (9684 JT), Round One (4680 JT), Xerox Corp (XRX US), HP (HPQ US), Fuji Xerox, Fujifilm Holdings (4901 JT), Workman Co (7564 JT), Takashimaya (8233 JT), Isetan Mitsukoshi (3099 JT), J-Front (3086 JT), Nikon (7731 JT), Canon (7751 JT), Sony (6758 JT), Panasonic (6752 JT), Toray (3402 JT), Pacific Textile Holdings (1382 HK), Boeing (BA US), GA Technologies (3491 JT)
Main Points
• Nikkei slumps on US Covid-19 concerns
• Retail sales numbers for March showing growing impact of Covid-19
• Has coronavirus killed off the compact camera?
• Toray’s carbon fiber less of a draw amid Covid-19
• GA Technologies: tech-based solutions drive further growth
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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