PSA Today Dec 4: Trade worries again / Finally: Nintendo's Switch in China / Nov US auto sales: improvement / Mazda's US hopes / Fujitsu General soars – Nikkei -1.05%
Japan Market Comment by Pelham Smithers, Julie Boote and William NestukNikkei ¥23,135.23 (-¥244.58 / -1.05%); Topix ¥1,703.27 (-¥3.46 / -0.29%); ¥/$109.18
Tags: Fast Retailing (9983 JT), Nintendo (7974 JT), Fujitsu (6702 JT), Fujitsu Frontech (6945 JT), Shinko Electric (6967 JT), FDK Corp (6955 JT), Fujitsu General (6755 JT), Fuji Electric (6504 JT), Astellas (4503 JT), Audentes (BOLD US), Sony (6758 JT), Tencent (700 HK), JD.Com (JD US), Nvidia (NVDA US), Microsoft (MSFT US), Amazon (AMZN US), Nissan (7201 JT), Toyota (7203 JT), Honda (7267 JT), Mazda (7261 JT), Mitsubishi Motors (7211 JT), Subaru (7270 JT)
Main Points
• Trade worries (again) and poor Uniqlo sales send market lower
• Nintendo to launch Switch in China on 10 Dec
• US auto sales rise in November on incentives, extra day
• Fujitsu General up on Fujitsu story
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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