Pelham Smithers Associates Ltd - PSA Today Aug 14th: Strong Yen/June GDP +1.0% QoQ, +4.0% Annualized/Toshiba, Toshiba Memory/Sony, EMI Publishing/Recruits FY17 Q1/Trend Micros FY17 Q2/Avex Off to a Rough Start/Ferrotecs Upward Revision - Ni

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Pelham Smithers Associates Ltd

Pelham Smithers

PSA Today Aug 14th: Strong Yen/June GDP +1.0% QoQ, +4.0% Annualized/Toshiba, Toshiba Memory/Sony, EMI Publishing/Recruit's FY17 Q1/Trend Micro's FY17 Q2/Avex Off to a Rough Start/Ferrotec's Upward Revision - Ni

Japan Market Comment by Pelham Smithers, William Nestuk and Thao Nguyen
Nikkei ¥19,537.10 (-¥192.64 / -0.98%); Topix ¥1,599.06 (-¥18.19 / -1.12%); ¥/$109.56
Tags: Daifuku (6383), Yaskawa (6506), Toshiba (6502), Western Digital (WDC US), SK Hynix (000660 KS), Hon Hai (2317 TT), Sony (6758), Recruit Holdings (6098), Trend Micro (4704), istyle (3660), Avex (7860), Ferrotec (6890)
Strong yen sends market lower after holiday
New highs for Yaskawa and Daifuku – again

June GDP up 1.0% QoQ, 4.0% annualized
Toshiba – Issues over payment timings for Toshiba Memory
Sony – Looking to acquire remainder of EMI Publishing?
Recruit Holdings – Good FY17 Q1 but concerns on overseas strategy and high valuations remain
Enterprise drives FY17 Q2 at Trend Micro
Heavy investment burdens continue to weigh on iStyle
Avex off to a rough start
Further upside to Ferrotec’s upward revision

14/08/2017 6 EN

Provider

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.

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Analysts

Pelham Smithers

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PSA Today Aug 14th: Strong Yen/June GDP +1.0% QoQ, +4.0% Annualized/Toshiba, Toshiba Memory/Sony, EMI Publishing/Recruit's FY17 Q1/Trend Micro's FY17 Q2/Avex Off to a Rough Start/Ferrotec's Upward Revision - Ni

PSA Autos / New Mobility: Honda and Nissan Plan Merger for 2026

PSA Today 23 Dec: Up on Wall Street, M&A / Games / SPE / Chemicals – Nikkei 225 +1.19% | ¥$156.59

The PSA Weekly Research Round up for the Week to 20 December 2024

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