Report
Julie Boote ...
  • Pelham Smithers
  • Thao Nguyen
  • William Nestuk

PSA Today Aug 3: Nasdaq and bottom fishing / Capcom's strong Q1 / DOCOMO Q1 OP +1% YoY / Suzuki's Q1 reports an OP vs operating loss / Nabtesco's FY20 1H disappoints / Star performer of the day Z Holding's Q1 beat – Nikkei +2.24%

Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk and Thao Nguyen
Nikkei ¥22,195.38 (+¥485.38 / +2.24%); Topix ¥1,522.64 (+¥26.58 / +1.76%); ¥/$105.81
Tags: Canon (7751 JT), Nikon (7731 JT), Z Holdings (4689 JT), SoftBank Group (9984 JT), KDDI (9433 JT) Alps Alpine (6770 JT), NEC (6701 JT), Nabtesco (6268 JT), Densan System (3630 JT), Casio (6952 JT), Rohm (6963 JT), Seven & I (3382 JT), Capcom (9697 JT), Square Enix (9684 JT), NTT DOCOMO (9437 JT), Suzuki Motor (7269 JT), Mazda (7261 JT), Mitsubishi Motors (7211 JT) LINE Corp (3938 JT)
Main Points
• Nasdaq, earnings, bottom fishing send Nikkei higher
• Capcom FY20 Q1 OP +39% YoY
• DOCOMO FY20 Q1 OP +1% YoY
• Suzuki FY20 Q1 profits stay in black on lower costs
• Nabtesco disappoints on FY20 H1 results and full-year guidance
• Z Holdings’ FY20 Q1 beats consensus
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
Julie Boote

Pelham Smithers

Thao Nguyen

William Nestuk

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