Report

PSA Today Jan 21: Wall Street helps but Covid lurks / Capcom revises up again / Raccoon: another Uriho deal / Smartphone payments keep rising - Nikkei 0.82%

Japan Market Comment by Pelham Smithers and Thao Nguyen
Nikkei ¥28,756.86 (+¥233.60 / +0.82%); Topix ¥1,860.64 (+¥11.06 / +0.60%); ¥/$103.41
Tags: Nintendo (7974 JT), Nikon (7731 JT), Mazda (7261 JT), Panasonic (6752 JT), Tesla (TSLA US), Pfizer (PFE US), Mitsubishi Chemical (4188 JT), Internet Initiative Japan (3774 JT), Fujitsu (6702 JT), NEC (6701 JT), BASE Inc (4477 JT), Mercari (4385 JT), Freee KK (4478 JT), J Tower (4485 JT), Medley (4480 JT), SoftBank Group (9984 JT), Z Holdings (4689 JT), ZOZO (3092 JT), Demae-Can (2946 JT), Raccoon Holdings (3031 JT), Hamagin Finance, Capcom (9697 JT), Bandai Namco (7832 JT), NTT DOCOMO, Rakuten (4755 JT), KDDI (9433 JT)
Main Points
• Wall St provides market spurt but Covid, domestic economy concerns limit upside.
• Raccoon in another “Uriho” accounts receivable deal
• Capcom revises up (again!)
• Smartphone payments continue to rise
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
Pelham Smithers

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