PSA Today Aug 6: Lower / NTT Restructures / SoftBank's Boosted 1Q / Minebea-Mitsumi/ Akebono Brake – Nikkei -0.56%
Japan Market Comment by Pelham Smithers and William NestukNikkei ¥22,507.32 (-¥17.86 / -0.08%); Topix ¥1,732.90 (-¥9.68 / -0.56%); ¥/$111.32
Tags: Comsys (1721), Kyowa Exeo (1951 JP), Foster Electric (6794 JP), Isuzu (7202 JP), Toyota (7203 JP), SoftBank (9984 JP), NTT Data (9613 JP), Universal Entertainment (6425 JP), NTT (9432 JP), NTT Communications, Dimensions Data, Fujitsu (6702 JP), NTT DoCoMo (9437 JP), SoftBank (9984 JP), Flipcart, Uber, Grab, Yahoo Japan (4689 JP), Sprint (S US), Alibaba (BABA US), Minebea Mitsumi (6479 JP), Nintendo (7974 JP), Apple (AAPL US), Akebono Brake (7238 JP)
• Tokyo closes lower
• NTT restructures
• SoftBank 1Q boosted by revaluation gains
• Minebea-Mitsumi above-plan FY18 Q1 but shares go nowhere
• Akebono Brake weak Q1 but support maintained
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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