PSA Today Aug 21: Market Lower on Wall St, FX Concerns / Nintendo: Switch Sales and Splatoon 2 Selling Well/Banks' Pressure Toshiba to Sell Toshiba Memory by Sept/ NAND Prices Ticking Down - Nikkei -0.40%
Japan Market Comment by Pelham Smithers
Nikkei ¥19,393.13 (-¥77.28 / -0.40%); Topix ¥1,595.19 (-¥2.17 / -0.14%); ¥/$109.27
Tags: Nintendo (7974), Toshiba (6502)
- Market lower on Wall Street, currency worries
- Switch sales strong in Japan…
- …and Splatoon 2’s cumulative sales are now ahead of both Mario Kart 8 Delux and Legend of Zelda: Breath of the Wild on the Switch format
- Banks pressure Toshiba to sell memory business before September
- NAND prices ticking down
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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