PSA Today Aug 24: Up again / Covid pick-up means stronger mobile game sales / Demae-can plots better take-up – Nikkei 225 +0.87%
Japan Market Comment by Pelham Smithers and Thao NguyenTags: Sony (6758 JT), Showa Denko (4004 JT), Ki-Star Real Estate (3465 JT), Sumco (3436 JT), JSR (4185 JT), Tokyo Ohka Kogyo (4186 JT), Shinko Electric (6967 JT), Yamaha Motor (7272 JT), Yamaha Corp (7951 JT), SoftBank Group (9984 JT), Alibaba (BABA US), Nomura Research Institute (4307 JT), Fujitsu (6702 JT), CyberAgent (4751 JT), Konami (9766 JT), Mixi (2121 JT), Niantic, NetEase (9999 HK), MiHoYo, Demae-can (2484 JT) Z Holdings (4689 JT)
Main Points
• Tokyo trades higher as Wall Street gains continue to improve sentiment
• Mobile game sales pick up as Covid worsens in Asia
• Demae-can announces new reward campaigns
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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