Report

PSA Today Dec 13: Drifting; thematic stocks down/Nintendo looking beyond DeNA?/Toshiba, WDC/ DSK loses on Effient/Eisai and AD/Competition for JSR, Nissan Chem/Showa Denko/Machinery Weaker - Nikkei -0.47%

PSA Today Dec 13: Japan Market Comment by Pelham Smithers, Joel Scheiman, and William Nestuk
Nikkei ¥22,758.07 (-¥108.10 / -0.47%); Topix ¥1,810.84 (-¥4.24 / -0.23%); ¥/$113.32
Tags: GMO Internet (9449), Anritsu (6754), Square Enix (9684), Konami (9766), Nintendo (7974), GungHo (3765), DeNA (2432), IIJ (3774), Toshiba (6502), Western Digital (WDC US), SK Hynix (000660 KS), Daiichi Sankyo (4568), Lilly (LLY US), Roche (ROG SW), Chugai (4519), Eisai (4523), Biogen (BIIB US), JSR (4185), Nissan Chemical (4021), AU Optronics (AUO US), Nippon Shokubai (4114), Showa Denko (4004), SGL (SGL GY), SMC (6273), Yaskawa (6506), Nabtesco (6268), Komatsu (6301), Daikin (6367) Joy Global (pvt)
• Nikkei drifts down on profit taking, Alabama 
• Thematic stocks generally lower 
• WSJ report: Nintendo is looking for more support in mobile; comment 
• Toshiba and Western Digital reach settlement 
• DSK loses its Effient patent appeal 
• Approaching crunch time for Eisai on AD 
• AUO subsidiary to compete with JSR and Nissan Chemical in LCD alignment films 
• Showa Denko’s message fails to inspire 
• Machinery stocks were generally weak 

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
Pelham Smithers

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