PSA Today Feb 24: US tech sell-off moves to Japan / Sony on PS5, PSVR2 / Hitachi integrates Lumada with ABB products / TIS and Asia – Nikkei -1.61%
Japan Market Comment by Pelham Smithers and Lindsay WhippNikkei ¥29,671.70 (-¥484.33 / -1.61%); Topix ¥1,914.17 (-¥35.28 / -1.25%); ¥/$105.49
Tags: Fast Retailing (9983 JT), Keyence (6861 JT), M3 (2413 JT), Unicharm (8113 JT), Nitori (9843 JT), BASE Inc (4477 JT), Rakus (3923 JT), Medley (4480 JT), Hitachi (6501 JT), Sony (6758 JT), Square Enix (9684 JT), Murata (6981 JT), Lucid Motors, SourceNext Corp (4344 JT), Jorudan (3710 JT), Hertz (HTZGQ US), Onkyo Home Entertainment (6628 JT), Nintendo (7974 JT), AMD (AMD US), Alps Alpine (6770 JT), ABB (ABBN SW), Hitachi (6501 JT) Toshiba (6502 JT), TIS Inc (3626 JT), Jay Mart PCL (JMART TB), Sequent
Main Points
• US tech sell-off migrates to Japan
• Sony warns on PS5 chip production, announces PSVR2
• Hitachi announces Lumada / ABB Integration, China grid order
• TIS Inc makes another Thai investment
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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