Pelham Smithers Associates Ltd - PSA Today Feb 17: Slide masks some strong cyclical, Bitcoin moves / Time to consider SBI Holdings / Bridgestones recovery path / Shin-Etsus limited rare earths risk – Nikkei -0.58%

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Pelham Smithers Associates Ltd

Joel Scheiman ...

Julie Boote
Pelham Smithers

PSA Today Feb 17: Slide masks some strong cyclical, Bitcoin moves / Time to consider SBI Holdings / Bridgestone's recovery path / Shin-Etsu's limited rare earths risk – Nikkei -0.58%

Japan Market Comment by Pelham Smithers, Julie Boote and Joel Scheiman
Nikkei ¥30,292.19 (-¥175.56 / -0.58%); Topix ¥1,961.49 (-¥3.59/ -0.18%); ¥/$105.95
Tags: Namura Shipbuilding (7014 JT), CyberAgent (4751 JT), Internet Initiative Japan (3774 JT), NEC (6701 JT), Hua Hong Semi (1347 HK), Monex (8698 JT), Remixpoint (3825 JT), SBI Holdings (8473 JT), Diamond Electric (6699 JT), Showa Denko (4004 JT), Daiwa Securities (8601 JT), SoftBank Group (9984 JT), Z Holdings (4689 JT), Nomura Securities (8604 JT), SMBC Nikko, Sendai Bank, Ehime Bank (8541 JT), Michinoku Bank (8350 JT), Fukushima Bank (8562 JT), Shimane Bank (7150 JT), Rakuten (4755 JT), Bridgestone (5108 JT), Microsoft (MSFT US), VW (VOW GR), Shin-Etsu Chemical (4063 JT), Hitachi Metals (5486 JT), TDK (6762 JT), Toyota Motor (7203 JT)
Main Points
• Nikkei slide masks strong day for cyclicals, Bitcoin plays
• Time to consider SBI Holdings
• Bridgestone on path to recovery, aiming to become new mobility solution provider
• Shin-Etsu’s limited rare-earth risk

17/02/2021 6 EN

Provider

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.

See profile

Analysts

Joel Scheiman

Julie Boote

Pelham Smithers

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PSA Today Feb 17: Slide masks some strong cyclical, Bitcoin moves / Time to consider SBI Holdings / Bridgestone's recovery path / Shin-Etsu's limited rare earths risk – Nikkei -0.58%

PSA Research & Consulting Services: BayCurrent (6532 JT) Update 2025

PSA Media & Entertainment: Square Enix (9684 JT) – Back in Play

PSA Today 1 May: Gains as BoJ leaves rates unch, dollar, bonds up / Genki Hoya / ZOZO FY24, FY25 guidance miss / Healthcare round-up / Nxera interest / Insource April KPIs – Nikkei 225 +1.13% | ¥$144.48

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