Report
Joel Scheiman ...
  • Julie Boote
  • Pelham Smithers
  • William Nestuk

PSA Today Apr 27: Optimism / DSK's sharp forecast fall / Video games in lockdown: update / LINE, Demae-can: stronger ties / Pussy-footing Panasonic / Your car is protective equipment / Fanuc and Nabtesco: tails up – Nikkei +2.71%

Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and William Nestuk
Nikkei ¥19,783.22 (+¥521.22 / +2.71%); Topix ¥1,447.25 (+¥25.96 / +1.83%); ¥/$107.27
Tags: Mitsui OSK (9104 JT), MonotaRO (3064 JT), Advantest (6857 JT), Fanuc (6954 JT), Hitachi Zosen (7004 JT), Daiichi Sankyo (4568 JT), Sekisui Chemical (4204 JT), Takeda (4502 JT), Shionogi (4507 JT), Nitto Denko (6988), Colopl (3668 JT), Chugai Pharmaceutical (4519 JT), mixi (2121 JT), Sony (6758 JT), Square Enix (9684 JT), Koei Tecmo (3635 JT), Capcom (9697 JT), LINE Corp (3938 JT), Demae-Can (2484 JT), SoftBank Corp (9434 JT), Naver (035420 KS), Askul (2678 JT),Yamato Transport (9064 JT), Panasonic (6752 JT), Nabtesco (6268 JT), Ford (F US), GM (GM US)
Main Points
• Nikkei rises on growing Covid-19 optimism, decent results
• DSK forecasts sharp fall in FY20 OP
• Lockdown video game update
• LINE boosts stake in Demae-can
• Panasonic’s non-revision revised earnings
• The car’s new function: as protective equipment
• Fanuc and supplier Nabtesco soar on automotive optimism
Provider
Pelham Smithers Associates Ltd
Pelham Smithers Associates Ltd

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. 

Analysts
Joel Scheiman

Julie Boote

Pelham Smithers

William Nestuk

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