- Julie Boote
- Pelham Smithers
- Thao Nguyen
- William Nestuk
PSA Today Aug 4: Optimism / Sony results and read-thru to Nintendo / Results for Astellas Pharm, SoftBank Corp, Ricoh, Subaru, Asahi Kasei, Daikin, MinebeaMitsumi, Kakau.com / Z Holdings-Line merger timeline confirmed – Nikkei +1.70%
Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk and Thao NguyenNikkei ¥22,573.66 (+¥378.28 / +1.70%); Topix ¥1,555.26 (+¥32.62 / +2.14%); ¥/$105.93
Tags: Japan Airlines (9201 JT), Capcom (9697 JT), Square Enix (9684 JT), Astellas Pharma (4503 JT), Nippon Steel (5401 JT), Sony (6758 JT), APPLE (AAPL US), Huawei, ByteDance, Microsoft (MSFT US), Warner (WMG US), Vivendi (VIV FP), Nintendo (7974 JT), SoftBank Corp (9434 JT), KDDI (9433 JT), SoftBank Group (9984 JT), Ricoh (7752 JT), Ricoh Leasing (8566 JT), Subaru (7270 JT), Asahi Kasei (3407 JT), Daikin (6367 JT), MinebeaMitsumi (6479 JT), Nabtesco (6268 JT), Z Holdings (4689 JT), LINE Corp (3938 JT), Naver (035420 KS), Kakaku.com (2371 JT)
Main Points
• US optimism and domestic earnings send Japanese shares higher again
• Sony’s FY20 1Q OP -1% YoY
• Readthrough for Nintendo from Sony results
• SoftBank Corp produces a record FY20 Q1 OP
• Ricoh reports an operating loss for FY20 1Q
• Subaru reports a FY20 Q1 operating loss, predicts recovery
• The market was pleased with Asahi Kasei’s FY20 Q1
• Daikin and Minebea-Mitsumi post strong FY20 Q1
• Z Holdings and LINE to merge in Mar 2021
• Kakaku.com’s FY20 Q1 misses
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.