PSA Today Apr 11: Flat despite weak Asia / Nintendo gets Xbox Live onto Switch / China, chemical safety / Yaskawa's FY18 and FY19e / istyle on China's No.1 e-commerce site – Nikkei +0.11%
Japan Market Comment by Pelham Smithers, Joel Scheiman, William Nestuk and Thao NguyenNikkei ¥21,711.38 (+¥23.81 / +0.11%); Topix ¥1,606.52 (-¥1.14 / -0.07%); ¥/$111.06
Tags: Ryohin Keikaku (7453 JT), Microsoft (MSFT US), Nintendo (7974 JT), Google (GOOG US), Sony (6758 JT), Tianjiayi Chemical (pvt.), Yaskawa Electric (6506 JT), istyle (3660 JT), Glowdayz, Inc (pvt.), Alibaba (BABA US)
Main Points
• Tokyo closes flat amid Asian sell-off
• Nintendo gets Xbox Live for the Switch
• Proposed chemical safety crackdown in China
• Yaskawa FY18 OP a bit low on weak A/C servos but FY19 guidance as expected
• istyle opens @cosme official store on Tmall.com
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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