Report
Joel Scheiman ...
  • Julie Boote
  • Pelham Smithers
  • Thao Nguyen

PSA Today Aug 13: Turkey, euro woes / Economy, policy / Sony's Spider-Man / SoftBank, Tesla / Bad News for Capcom / What Next for Ricoh? / FX Impact on Autos / Glyphosate; Sumitomo Chemical / Recruit's FY18 Q1 Beat/ Mercari Disappoints -

Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and Thao Nguyen
Nikkei ¥21,857.43 (-¥440.65 / -1.98%); Topix ¥1,683.50 (-¥36.66 / -2.13%); ¥/$110.35
Tags: Sony (6758 JP), Nikon (7731 JP), Murata (6981 JP), Rohm (6963 JP), TDK (6762 JP), Tesla (TSLA US), SoftBank (9984 JP), Panasonic (6752 JP), Capcom (9697 JP), Tencent (700 HK), Ricoh (7752 JP), HP (HPQ US), Xerox (XRX US), Lexmark (pvt), Suzuki (7269 JP), Honda (7267 JP), Mitsubishi Motors (7211 JP), Nissan (7201 JP), Sumitomo Chemical (4005 JP), Sumitomo Dainippon Pharma (4506 JP), Nufarm (NUF AU), Monsanto (MON US), Bayer (BAYN GR), Nissan Chemical (4021 JP), Recruit (6098 JP), Indeed, Glassdoor, Mercari (4385 JP), LINE (3938 JP)
Main Points at a Glance
• Nikkei slumps on Turkey, Euro
• Economic data continues to point to policy shift
• Sony’s Spider-Man spin-off strategy
• SoftBank and Tesla
• Shares in Capcom slump as China pulls Monster Hunter
• Ricoh review
• Auto Sector under pressure on currency concerns
• Sumitomo Chemical and Nissan Chemical’s roundup relations
• Recruit’s Q1 beats consensus estimates
• Mercari closed FY18 on a sour note
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

Thao Nguyen

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