PSA Today Jan 16: Rally resumes/Murata's Metrocirc recovery/NAND slide/Honda's car of the year/Asahi Kasei housing orders trend/Japan Robot Association - Nikkei +1.0%
PSA Today Jan 16: Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and William Nestuk
Nikkei ¥23,951.81 (+¥236.93 / +1.0%); Topix ¥1,894.25 (+¥10.35 / +0.6%); ¥/$110.86
Tags: Kitanotatsujin (2930 JP), Ya-Man (6630 JP), Murata (6981 JP), Apple (AAPL US), Nissha Printing (7915 JP), Rohm (6963 JP), Tokyo Electron (8035 JP), Toshiba (6502 JP), Canon (7751 JP), Asahi Kasei (3407 JP), Sekisui Chemical (4204 JP), Sekisui House (1928 JP), Daiwa House (1925 JP), Airtac International (1590 TT), Yasakawa (6506 JP), Omron (6445 JP), KHI (7012 JP), Mitsubishi Electric (6503 JP), Fanuc (6954 JP), Nabtesco (6268 JP), Nidec (6594 JP), Harmonic Drive Systems (6324 JP), Daifuku (6383 JP)
· Market higher as 4Q ’17 stocks resume their rally
· Kitanotatsujin limit up second day in a row
· Murata – Nikkei puff piece suggests Metrocirc-driven recovery is in place
· NAND prices slide
· Honda’s Accord wins North American Car of the Year
· Asahi Kasei’s housing orders – a third strong month
· Automation and robotics get a boost
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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