PSA Today Aug 3: Concerns/Foster weak/Promising, cheap telco engineers/ TOY's excellent 1Q/Nippon Shokubai: costs loom/ Kakaku misses - Nikkei +0.06%
Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and Thao NguyenNikkei ¥22,525.18 (+¥12.65/ +0.06%); Topix ¥1,742.58 (-¥9.51/ -0.54%); ¥/$111.68
Tags: Sega Sammy (6460 JP), Nippon Shokubai (4114 JP), Suzuki Motor (7269 JP), Kakaku.com (2371 JP), Gree (3632 JP), Start Today (3092 JP), CyberAgent (4751 JP), Megachips (6875 JP), Apple (AAPL US), Foster Electric (6794 JP), Kyowa Exeo (1951 JP), Comsys Holdings (1721 JP), Mirait (1417 JP), Anritsu (6754 JP), Furukawa Electric (5801 JP), Toyota (7203 JP), Honda (7267 JP), Nissan (7201 JP), Nippon Shokubai (4114 JP), Kakaku.com (2371 JP)
Main Points at a Glance
• Topix slides as trade, currency concerns continue
• Foster Electric in weak 1Q
• Telco engineers report 1Q
• Toyota’s excellent 1Q results
• Nippon Shokubai’s strong 1Q; higher 2Q costs loom
• Kakaku.com: 1Q missed
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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