PSA Today Feb 26: Market sell-off rate abating amid Covid-19 / Grim supermarket sales in Jan / Automaker sales trying to move online / Cybozu strategy – Nikkei -0.79%
Japan Market Comment by Pelham Smithers, Julie Boote and Lindsay WhippNikkei ¥22,426.19 (-¥179.22 / -0.79%); Topix ¥1,606.17 (-¥12.09 / -0.75%); ¥/$110.40
Tags: Sanix Inc (4651 JT), V-Cube Inc (3681 JT), Rizap Group (2928 JT), Central Sports (4801 JT), Watabe Wedding (4696 JT), Freee KK (4478 JT), Cybozu Inc (4776 JT), Kitanotatsujin (2930 JT), Daiichi Sankyo (4568 JT), Canon (7751 JT), Kyorin (4569 JT), Geely (175 HK), BMW (BMW GR), Mercedes (DAI GR), Tesla (TSLA US), Hyundai Motor (0053080 KS), Toyota (7203 JT), Peugeot (UG FP), Mitsubishi Motors (7211 JT), Ford (F US), Volkswagen (VOW GR), Zendesk (ZEN US)
Main Points
• Markets learning to live with Covid-19
• Grim supermarket sales for Jan 2020
• Automakers push for online sales as alternative to showroom visits
• Cybozu announces steady January sales, holds strategy meeting
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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