PSA Today Dec 26: Market slides on tech profit taking / CPI at 0.9% / Nikkei negative on Hisamitsu 3Q / Jumanji delivers at box office / Nikkei -0.2%
PSA Today Dec 26: Japan Market Comment by Pelham Smithers
Nikkei ¥22,892.69 (-¥46.49 / -0.20%); Topix ¥1,827.01 (-¥4.92 / -0.27%); ¥/$113.29
Tags: Takashimaya (8233), Hisamitsu (4530), Sony (6758)
• Profit taking in tech hits Nikkei
• Dept stores higher on good 3Q numbers from Takashimaya (8233)
• CPI up to 0.9% YoY, unemployment down to 2.7%
• Nikkei forecasts poor 3Q figures for Hisamitsu (4530)
• Comscore forecasts US$50mil 4-day take for Jumanji
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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