PSA Today Apr 10 Easter Friday PSA Today: Closes a strong week on a positive note / MonotaRO's March sales / Yaskawa Q4 a positive surprise but OSG did better – Nikkei +0.79%
Japan Market Comment by Pelham Smithers and William NestukNikkei ¥19,498.50 (+¥152.73 / +0.79%); Topix ¥1,430.04 (+¥13.06 / +0.92%); ¥/$108.40
Tags: Mizuho Bank (8411 JT), Internet Initiative Japan (3774 JT), Seven & I (3382 JT), Lawson (2651 JT), Hitachi (6501 JT), Matsui Securities (8628 JT), SBI Holdings (8473 JT), GMO Payments (3769 JT), GMO Internet (9449 JT), Yaskawa Electric (6506 JT), SMC (6273 JT), THK (6481 JT), Nabtesco (6268 JT), Fanuc (6954 JT), TDK (6762 JT), Murata (6981 JT), Alps Alpine (6770 JT), MonotaRO (3064 JT), Misumi (9962 JT), OSG Corp (6136 JT)
Main Points
• Tokyo closes strong week on positive note
• MonotaRO March sales +22.6% YoY
• Yaskawa 4Q positive surprise but arguably OSG did better
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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