PSA Today Feb 19: Strong day / SoftBank and the Swiss Re Board / Bright spots despite weak solar / Bridgestone's upbeat FY18 forecasts - Nikkei +1.97%
Japan Market Comment by Pelham Smithers and Julie Boote
Nikkei ¥22,149.21 (+¥428.96/ +1.97%); Topix ¥1,775.15(+¥37.78 / +2.17%); ¥/$106.50
Tags: Vinx (3784 JP), Sigmaxyz (6088 JP), Value HR (6078 JP), Toridoll (3397 JP), M3 Japan (2413 JP), Sankyo (6417 JP), Sony (6758 JP), iStyle (3660 JP), SoftBank (9984 JP), Swiss Re (SREN SW), Kyocera (6971 JP), Ferrotec (6890 JP), Bridgestone (5108 JP)
Main Points at a Glance
· Japanese equities move higher led by asset-backed names
· SoftBank seeks seats on Swiss Re Board
· Japan solar output continues to weaken but bright spots do exist
· Bridgestone forecasts higher growth for FY18
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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