Report
Joel Scheiman ...
  • Pelham Smithers
  • William Nestuk

PSA Today Feb 20: Dollar Strength offsets Covid-19 concerns / Covid-19 and Abe's Red Zone / TDK's FY20 Outlook / Toyota and Toyota Industries HV battery JV – Nikkei +0.34%

Japan Market Comment by Pelham Smithers, Joel Scheiman, and William Nestuk
Nikkei ¥23,479.15 (+¥78.45 / +0.34%); Topix ¥1,674.48 (+¥2.62 / +0.16%); ¥/$111.40
Tags: Yuki Gosei Kogyo (4531 JT), V-Cube (3681 JT), Soliton Systems (3040 JT), Phyz Holdings (9325 JT), JR West (9021 JT), Sony (6758 JT), Maeda Road (1883 JT), Maeda Corp (1824 JT), Seven & I Holdings (3382 JT), Marathon Petroleum (MPC US), Kirin Holdings (2503 JT), SoftBank Group (9984 JT), SoftBank Corp (9434 JT), Nexon (3659 JT), TDK (6762 JT), Amperex Technology Co Ltd (pvt.), Toyota Industries (6201 JT), Toyota Motor (7203 JT)
Main Points
• Dollar Strength, Wall St gains keep Tokyo up despite growing domestic virus concerns
• COVID-19 and Abe’s Red Zone
• TDK looks for further growth in FY20
• Toyota Ind and Toyota Motor: Edge up on HV battery announcement
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

Pelham Smithers

William Nestuk

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