PSA Today Apr 8: Trade talks stall / Analysts more positive on earnings / EU, UK gaming probes / Toray's new China investment – Nikkei -0.21%
Japan Market Comment by Pelham Smithers and Joel ScheimanNikkei ¥21,761.65 (-¥45.85 / -0.21%); Topix ¥1,620.14 (-¥5.61 / -0.35%); ¥/$111.45
Tags: Onward (8016 JT), Sugi Holdings (7649 JT), SanBio (4592 JT), Akebono Brake (7238 JT), Nabtesco (6268 JT), Boeing (BA US), IHI (7013 JT), Capcom (9697 JT), Bandai Namco (7832 JT), Sony (6758 JT), Nintendo (7974 JT), Microsoft (MSFT US), NetEase (NTES US), Toray (3402 JT)
Main Points
• Tokyo slides on lack of trade talks development
• Analysts more confident about Japan earnings
• EU, UK initiate anti-competition gaming investigations
• Toray’s new investment in China
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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