PSA Today Aug 2: Donalded / Solid Toyota / Weak sales at Honda / Kakaku.com beats / Good Q1 at TIS - Nikkei -2.11%
Japan Market Comment by Pelham Smithers, Julie Boote, Thao Nguyen and Lindsay WhippNikkei ¥21,087.16 (-¥453.83 / -2.11%); Topix ¥1,533.46 (-¥33.89 / -2.16%); ¥/$107.12
Tags: Toyota (7203 JT), Nippon Steel (5401 JT), Fujikura (5803 JT), Capcom (9697 JT),TIS (3626 JT), Mitsubishi UFJ Financial Group (8306 JT), KDDi (9433 JT), Rohm (6963 JT), Nidec (6594 JT), Honda (7267 JT), Kakaku.com (2371 JT), NTT Data (9613 JT), Nomura Research Institute (4307 JT), SCSK (9719 JT)
Main Points
• Markets get donalded
• Toyota presents solid set of Q1 results
• Honda Q1 profits fall on weaker sales
• Kakaku.com Q1 beats
• Good start to FY19 for TIS
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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