PSA Today Apr 17: Quiet day / Ono set-back / Daifuku a higher wages beneficiary / Sony's other hit movie / Nissan's future: Ghosn / Graphite electrode contracts / NOK, Yaskawa comment – Nikkei +0.06%
Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and William NestukNikkei ¥21,847.59 (+¥12.60 / +0.06%); Topix ¥1,729.98 (-¥6.24 / -0.36%); ¥/$107.01
Tags: Ono Pharm (4528 JP), Merck (MRK US), Osaka Titanium (5726 JP), Toho Titanium (5727 JP), Daifuku (6383 JP), JP Morgan (JPM US), Sony (6758 JP), Nissan (7201 JP), Renault (RNO FP), Mitsubishi Motors (7211 JP), Showa Denko (4004 JP),Tokai Carbon (5301 JP), SGL Carbon SE (SGL GR), GrafTech International (priv.), Brookfield Asset Management (BAM US), NOK (7240 JP), Yaskawa (6506 JP)
Main Points at a Glance
• Another quiet day
• A set-back for Ono
• Wage rises help spur Daifuku etc.
• Sony gets another hit movie
• Nissan’s Carlos Ghosn confirms changes lie ahead, but no details given
• Graphite electrode makers negotiate long-term contracts
• NOK bucks the trend
• Yaskawa recovers slightly
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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