PSA Today Jan 27: Virus worries / Koa results read across to Murata? / Koei Tecmo 3Q OP / Coronavirus China auto production concerns – Nikkei -2.03%
Japan Market Comment by Pelham Smithers and Julie BooteNikkei ¥23,343.51 (-¥483.67 / -2.03%); Topix ¥1,702.57 (-¥27.87 / -1.61%); ¥/$109.04
Tags: PCA Corp (9629 JT), JSR (4185 JT), Nitto Denko (6988 JT), Koa (6999 JT), Murata (6981 JT), Koei Tecmo (3635 JT), Square Enix (9684 JT), Dongfeng (489 HK), Nissan (7201 JT), Honda (7267 JT), Renault (RNO FP), Peugeot (UP FP). GM (GM US), SAIC (600104 CH)
Main Points
• China virus concerns hit Tokyo hard as Asia closed for holiday
• Koa’s results – a read across to Murata?
• Koei Tecmo’s 3Q OP +24%.
• Coronavirus pandemic set to hurt China auto production
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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