PSA Today Dec 9: Covid hope reasserts / NTT considers Fujitsu and NEC / Kuroda Precision's Fastec system / Fanuc gets an upgrade / Machinery firm on China hydraulics – Nikkei +1.33%
Japan Market Comment by Pelham Smithers and William NestukNikkei ¥26,817.94 (+¥350.86 / +1.33%); Topix ¥1,779.42 (+¥20.61 / +1.17%); ¥/$104.14
Tags: Softbank Group (9984 JT), Hitachi (6501 JT), Hitachi Metals (5486 JT), Nissan Motor (7201 JT), Panasonic (6752 JT), Toyota Motor (7203 JT), Denso (6902 JT), Koito Manufacturing (7276 JT), Kuroda Precision (7726 JT), Edia (3935 JT), Tencent Music (TME US), Hoden Seimitsu (6469 JT), Roval, NTT (9432 JT), NEC (6701 JT) Fujitsu (6702 JT), Renesas (6723 JT), Hitachi (6501 JT), Kuroda Precision (7726 JT), Harmonic Drive Systems (6324 JT), KHI (7012 JT), Sysmex (6869 JT), Fanuc (6954 JT), Komatsu (6301 JT), Nabtesco (6268 JT)
Main Points
• Nikkei surges as Covid vaccinations begin in UK
• Might NTT push through a merger of NEC and Fujitsu telecom equipment businesses?
• Update on Kuroda Precision’s in-vogue Fastec system
• Fanuc boost from ¥32,000 foreign broker target
• Komatsu and Nabtesco higher on strong China hydraulic demand
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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