PSA Today Aug 21: Weak Market / 40% Cut in Phone Bills / Cashless Payments / Tesla Denies Panasonic Exclusivity / Retail Figures / Kitanotatsujin Review / Automakers Raise China Capacity / Sony, Fujifilm Backup Tape Patents- Nikkei +0.09
Japan Market Comment by Pelham Smithers, Julie Boote and Joel ScheimanNikkei ¥22,219.73 (+¥20.73 / +0.09%); Topix ¥1,685.42 (-¥6.73 / -0.40%); ¥/$110.07
Tags: Internet Initiative Japan (3774 JP), Peptidream (4587 JP), KDDi (9433 JP), NTT DoCoMo (9437 JP), Rakuten (4755 JP), SoftBank (9984 JP), GMO Payment Gateway (3769 JP), GMO Internet (9449 JP), MUFG (8306 JP), Tesla (TSLA US), Panasonic (6752 JP), Kitanotatsujin (2930 JP), Nissan (7201 JP), Toyota (7203 JP), Honda (7267 JP), Sony (6758 JP), Fujifilm Holdings (4901 JP)
Main Points at a Glance
• Weak day as risk-on stocks, IT services eschewed
• LDP suggesting 40% cut in phone bills?
• Government considering subsidies to accelerate cashless payments
• Tesla denies Panasonic solar cell exclusivity existed
• Japan department store sales down, supermarket up
• Kitanotatsujin to review some product ad campaigns as its ad spend rises
• Japanese automakers increase capacity in China ahead of market deregulation
• Sony wins a round against Fujifilm in backup tapes
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.