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

PSA Today Feb 19: Closing the week on a down note / Murata, Access and JIGlet / Showa Denko's signals / Mazda top in US Consumer Report / Newbie Freee surpasses TIS's market cap – Nikkei -0.72%

Japan Market Comment by Pelham Smithers, Joel Scheiman, Julie Boote and Lindsay Whipp
Nikkei ¥30,017.92 (-¥218.17 / -0.72%); Topix ¥1,928.95 (-¥12.96 / -0.67%); ¥/$105.56
Tags: Fast Retailing (9983 JT), Applied Materials (AMAT US), Tokyo Electron (8035 JT), Advantest (6857 JT), Lasertec (6920 JT), TSMC (2330 TT), Hoya (7741 JT) Shin-Etsu Chemical (4063 JT), Apple (AAPL US), Murata (6981 JT), Alps Alpine (6770 JT), Taiyo Yuden (6976 JT), BASE Inc (4477 JT), Sansan (4443 JT), Hitachi (6501 JT), Access (4813 JT), Keyence (6861 JT), Omron (6645 JT), Showa Denko (4004 JT), Mazda Motor (7261 JT), BMW (BMW GR), Subaru (7270 JT), Porsche (owned by VW (VOW GR), Honda Motor (7267 JT), Tesla (TSLA US), Freee KK (4478 JT), TIS Inc (3626 JT), Money Forward (3993 JT)
Main Points
• Nikkei ends the week down as Wall Street, Covid issues hit cyclicals
• Murata, Access develop the “JIGlet”
• Showa Denko sold down on guidance for a second year of net losses
• Mazda tops US Consumer Reports’ reliability ranking
• Newcomer Freee KK surpasses old-timer TIS’ market cap
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

Julie Boote

Lindsay Whipp

Pelham Smithers

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