Report
Lindsay Whipp ...
  • Pelham Smithers
  • Thao Nguyen
  • William Nestuk

PSA Today Aug 13: Rally broadens; back above 23k / Sony to buy Crunchyroll, anime co? / IHI, Nabtesco, Mabuchi Motor / Istyle exceeds guidance / Considering Freee – Nikkei +1.78%

Japan Market Comment by Pelham Smithers, William Nestuk, Thao Nguyen and Lindsay Whipp
Nikkei ¥23,249.61 (+¥405.65 / +1.78%); Topix ¥1,624.15 (+¥18.62 / +1.16%); ¥/$106.80
Tags: Terumo (4543 JT), Olympus (7733 JT), Sysmex (6869 JT), Tokyo Electron (8035 JT), Daikin (6367 JT), Fanuc (6954 JT), Lasertec (6920 JT), Ulvac (6728), Sony (6758 JT), Bandai Namco (7832 JT), Microsoft (MSFT US), Tokyu Corp (9005 JT), Tobu Railway (9001 JT), JFE (5411 JT), Nippon Steel (5401 JT), Hikari Tsushin (9435 JT), Rakus (3923 JT), PKSHA (3993 JT), Cybozu (4776 JT), AT&T (T US), Crunchyroll, Toho (9602 JT), Toei (9605 JT), Toei Animation (4816 JT), IHI (7013 JT), Nabtesco (6268 JT), Mabuchi Motor (6592 JT), Istyle (3660 JT), Freee (4478 JT), Money Forward (3994 JT)
Main Points
• Japan rally continues, broadens out
• AT&T looking to Sony to be buyer of Crunchyroll
• IHI Aero-Engine Losses Smaller than Expected
• Nabtesco Expects Firm Q3 Robot Gears
• Mabuchi Motor Provides Positive Q3 Auto Guidance
• Istyle: FY20 exceeds guidance
• Freee beats FY20 sales guidance; provides conservative FY21 forecast
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
Lindsay Whipp

Pelham Smithers

Thao Nguyen

William Nestuk

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