Pelham Smithers Associates Ltd - PSA Today Feb 9: Bitcoin and tech nudge index towards 30k / Nexons stellar 4Q / Valve and Steam in China / Isuzu raises figures, Honda too / Daikins record Q3 – Nikkei +0.40%

Report

Pelham Smithers Associates Ltd

Julie Boote ...

Pelham Smithers
William Nestuk

PSA Today Feb 9: Bitcoin and tech nudge index towards 30k / Nexon's stellar 4Q / Valve and Steam in China / Isuzu raises figures, Honda too / Daikin's record Q3 – Nikkei +0.40%

Japan Market Comment by Pelham Smithers, Julie Boote and William Nestuk
Nikkei ¥29,505.93 (+¥117.43 / +0.40%); Topix ¥1,925.54 (+¥1.59 / +0.08%); ¥/$104.86
Tags: Tesla (TSLA US), GMO Internet (9449 JT), Monex (8698 JT), Metaps (6172 JT), Murata (6981 JT), Nidec (6594 JT), Rohm (6963 JT), Diamond Electric (6699 JT), Tokyo Electron (8035 JT), Hoya (7741 JT), Renesas (6723 JT), Dialog (DLG GY), SoftBank Group (9984 JT), Bandai Namco (7832 JT), Taiyo Yuden (6976 JT), BASE Inc (4477 JT), Sony (6758 JT), Nintendo (7974 JT), Nexon (3659 JT), Tencent (700 HK), Square Enix (9684 JT), Valve, Capcom (9697 JT), Isuzu Motors (7202 JT), Honda Motor (7267 JT), Daikin (6367 JT)
Main Points
• Bitcoin, tech to the fore as market edges towards 30,000
• Nexon 4Q OP +245% YoY
• Valve to launch Steam officially in China
• Isuzu raises FY20 forecast on improved LCV sales outlook
• Honda raises OP forecast on cost reduction efforts
• Daikin posts record Q3

09/02/2021 6 EN

Provider

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.

See profile

Analysts

Julie Boote

Pelham Smithers

William Nestuk

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PSA Today Feb 9: Bitcoin and tech nudge index towards 30k / Nexon's stellar 4Q / Valve and Steam in China / Isuzu raises figures, Honda too / Daikin's record Q3 – Nikkei +0.40%

PSA Research & Consulting Services: BayCurrent (6532 JT) Update 2025

PSA Media & Entertainment: Square Enix (9684 JT) – Back in Play

PSA Today 1 May: Gains as BoJ leaves rates unch, dollar, bonds up / Genki Hoya / ZOZO FY24, FY25 guidance miss / Healthcare round-up / Nxera interest / Insource April KPIs – Nikkei 225 +1.13% | ¥$144.48

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