PSA Today Apr 24: Solid day, strong banks / Heroz stratospheric / Waiting for Subaru emissions report / Hitachi Chemical guidance comment / An opportunity in IHI? / NOK stock behaviour suggestive - Nikkei +0.86%
Japan Market Comment by Julie Boote, Joel Scheiman and William NestukNikkei ¥22,278.12 (+¥190.08 / +0.86%); Topix ¥1,769.75 (+¥18.96 / +1.08%); ¥/$108.80
Tags: Keyence (6861 JP), Sony (6758 JP), Toyota (7203 JP), Sharp (6753 JP), Isuzu (7202 JP), Mitsubishi Motors (7211 JP), FCC (7296 JP), Exedy (7278 JP), NOK (7240 JP), IHI (7013 JP), KHI (7012 JP), Heroz (4382 JP), Bandai Namco (7832 JP), Koei Tecmo (3635 JP), Hearts United Group (3676 JP), Osaka Titanium (5726 JP), Sumitomo Metal Mining (5713 JP), United Company Rusal (486 HK), Nissha (7915 JP), Subaru (7270 JP), Mitsubishi Motors (7211 JP), Hitachi Chemical (4217 JP), JSR (4185 JP), IHI (7013 JP), NOK (7240 JP), HCM (6305 JP), Komatsu (6301 JP)
Main Points at a Glance
• Further evidence of decoupling from Wall Street
• New listing Heroz finally trades after three days at bid-only – to close just shy of 10x the IPO price
• Update on Subaru data falsification expected this week
• Hitachi Chemical’s Guidance Might be Conservative
• IHI Sell-Off a Possible Opportunity for the Risk Tolerant
• Accumulation in NOK Underway?
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.