PSA Today Aug 18: Yen up, mixed market / Washington, Huawei and Beijing / CyberAgent: doing well – Nikkei -0.20%
Japan Market Comment by Pelham Smithers and Thao NguyenNikkei ¥23,051.08 (-¥45.67 / -0.20%); Topix ¥1,610.85 (+¥1.03 / +0.06%); ¥/$105.57
Tags: Murata (6981 JT), Canon (7751 JT), Ricoh (7752 JT), Konica Minolta (4902 JT), Nintendo (7974 JT), Square Enix (9684 JT), Niantic, CyberAgent (4751 JT), Jimoty (7082 JT), NextDoor.com, Trenders Inc (6069 JT), Oisix ra Daichi (3182 JT), Enigmo (3665 JT), GNI Group (2160 JT), Chugai Pharmaceutical (4519 JT), Takeda (4502 JT), Otsuka Holdings (4578 JT), MediaTek (2454 TT), Huawei, Qualcomm (QCOM US), Synopsys (SNPS US), Cadence (CDNS US), TDK (6762 JT), Sony (6758 JT), Oppo, Vivo, Xiaomi (1810 HK), HiSilicon
Main Points
• Tokyo closes mixed as yen strength dampens optimism
• Washington tightens Huawei ban
• CyberAgent outperforms on better game performance
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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