Report
Joel Scheiman ...
  • Lindsay Whipp
  • Pelham Smithers

PSA Today Dec 28: Closing Higher / PC Components / Cybozu / Towa Hi System – Nikkei +0.74%

Japan Market Comment by Pelham Smithers, Joel Scheiman, Lindsay Whipp
Nikkei ¥26,854.03 (+¥197.42 / +0.74%); Topix ¥1,788.04 (+¥9.63 / +0.54%); ¥/$103.48

Main Points
• Tokyo defies Covid, eco data to close higher
• PC component shortages rampant
• Cybozu investment costs to push down OP by more than half in FY21
• Towa Hi System markets another stellar small-cap enterprise software IPO in December

Tags: MHI (7011 JT), Murata (6981 JT), Tokyo Electron (8035 JT), Nintendo (7974 JT), Sony (6758 JT), Monex (8698 JT), SBI Holdings (8473 JT), Ceres (3696 JT), Remixpoint (3825 JT), Nvidia (NVDA US), AMD (AMD US), Nikon (7731 JT), Cybozu (4776 JT), Towa Hi System (4172 JT), Yappli (4168 JT), ENECHANGE (4169 JT)
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
Joel Scheiman

Lindsay Whipp

Pelham Smithers

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