PSA Today Feb 17: Poor GDP numbers; comment / Capcom's Monster Hunter goes mobile / SRE Holdings revises up / Nabtesco's mixed message / Recruit's Q3 miss – Nikkei -0.69%
Japan Market Comment by Pelham Smithers, Joel Scheiman, William Nestuk and Thao NguyenNikkei ¥23,523.24 (-¥164.35 / -0.69%); Topix ¥1,687.77 (-¥15.10/ -0.89%); ¥/$109.83
Tags: Kirin Holdings (2503 JT), Asahi Group (2502 JT), Asics (7936 JT), Nissha (7915 JT), Cybozu (4776 JT), V-Cube (3681 JT), Soliton Systems (3040 JT), Ascentech (3565 JT), Digital Garage (4819 JT), GMO Internet (9449 JT), NHK Spring (5991 JT), TDK (6762 JT), Capcom (9697 JT), Square Enix (9684 JT), SRE Holdings (2980 JT), Freee KK (4478 JT), Heroz (4382 JT), Nabtesco (6268 JT), Recruit (6098 JT)
Main Points
• Japanese shares lose ground on poor GDP numbers
• Japan GDP -1.6% QoQ
• Capcom – Monster Hunter goes mobile
• SRE Holdings revises up
• Nabtesco: Mixed results meeting but share price unchanged
• Recruit’s FY19 Q3 earnings miss
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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