PSA Today Aug 15: China Currency Issues / Cyberdyne Disappoints / Nexon Hit on China's Gaming Crisis / MMC Strong ASEAN Performance / Ferrotec's Q1 Comment - Nikkei -0.7%
Japan Market Comment by Pelham Smithers, Thao Nguyen, Julie Boote and William NestukNikkei ¥22,204.22 (-¥151.86 / -0.7%); Topix ¥1,698.03 (-¥12.92 / -0.8%); ¥/$111.29
Tags: Capcom (9697 JP), Nexon (3659 JP), Bandai Namco (7832 JP), Nintendo (7974 JP), Cyberdyne (7779 JP), Mitsubishi Motors (7211 JP), Ferrotec (6890 JP)
Main Points at a Glance
• China currency issues hit Nikkei
• Cyberdyne disappoints
• Nexon hit by China’s game industry crisis
• Mitsubishi Motors sales booming in ASEAN markets
• Ferrotec drops despite good FY18 Q1 results
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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