PSA Today Apr 12: Slide on Covid, China / Nintendo warns on Switch supply / Considering Yaskawa and Fanuc - Nikkei -0.77%
Japan Market Comment by Pelham Smithers and William NestukNikkei ¥29,538.73 (-¥229.33 / -0.77%); Topix ¥1,954.59 (-¥4.88 / -0.25%); ¥/$109.44
Tags: Toshiba (6502 JT), Yaskawa Electric (6506 JT), Restar Holdings (3156 JT), Paltek Corp (7587 JT), Endeavor, Santen Pharmaceutical (4536 JT), AGC (5201 JT), Sun Corp (6736 JT), Cellebrite, Megachips (6875 JT), SiTime (SITM US), NPC (6255 JT), Value Golf (3931 JT), Nintendo (7974 JT), Sony (6758 JT), Fanuc (6954 JT)
Main Points
• Nikkei slides on Covid, earnings, China weakness
• Nintendo warns on Switch supply
• Yaskawa sold off on FY20 / FY21 disappointment
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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