PSA Today April 3: Decoupling / Nintendo's smartphone gaming stance / Monex Coincheck move / Tesla's lidarless autopilot / Fanuc's US auto robotics -Nikkei -0.5%
Japan Market Comment by Pelham Smithers, Julie Boote and William NestukNikkei ¥21,292.29 (-¥96.29 / -0.5%); Topix ¥1,703.80(-¥4.98 / -0.3%); ¥/$105.99
Tags: Facebook (FB US), Apple (AAPL US), Intel (INTC US) Renesas (6723 JP), Hitachi (6501 JP), Nintendo (7974 JP), Alphabet (GOOG US), DeNA (2432 JP), Monex (8698), Takeda (4502 JP), SBI Holdings (8473 JP), Tesla (TSLA US), Waymo, Continental AG (CON GR), Denso (6902 JP), Toyota (7203 JP), Fanuc (6954 JP), GM (GM US)
Main Points at a Glance
• Japanese equities lower, but losses reduced by end of trading
• Nintendo to play down smartphone gaming – Bloomberg
• Monex considering acquiring majority stake in Coincheck
• Tesla accident: autopilot under the spotlight
• Fanuc’s US auto robotics business
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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