Report

PSA Today Aug 22: Thin Volume/New Highs for Yaskawa, SMC, Daifuku, Nabtesco/Daikin Cools/Ferrotec Bounces/PSA Discussion: Virtual Reality Price Wars as HTC follows Oculus with a US$200 Price Cut - Nikkei -0.05

PSA Today for August 22nd: Japan Market Comment by Pelham Smithers, Joel Scheiman and William Nestuk  
Nikkei ¥19,383.84 (-¥9.29 / -0.05%); Topix ¥1,596.12 (+¥0.93/ +0.06%); ¥/$109.28  
Tags: Sumitomo Chemical (4005), Tanaka Chemical (4080), Toda Kogyo (4100), Nippon Denko (5563), Stella Chemifa (4109), Ube Industries (4208), Yasunaga Corporation (7271), KH Neochem (4189), Dexerials (4980), Yaskawa Electric (6506), SMC (6273), Daifuku (6383), Nabtesco (6268), Ferrotec (6890), Daikin (6367), Facebook (FB US), HTC (2498 TT), Sony (6758), Amazon (AMZN US), Google (GOOG US), Microsoft (MSFT US)

  • Market flat on thin volume  
  • Yaskawa, SMC, Daifuku and Nabtesco hit new all-time highs…  
  • …while the poor weather in Japan sees demand in Daikin cool off  
  • Ferrotec bounces back  
  • Hi-tech materials firm on incentive recycling  
  • PSA Discussion: HTC cuts price of Vive VR headset  
Provider
Pelham Smithers Associates Ltd
Pelham Smithers Associates Ltd

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. 

Analysts
Pelham Smithers

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