Report
Joel Scheiman ...
  • Pelham Smithers
  • William Nestuk

PSA Today Jan 29: Dragged down by Asia/Crypto Stocks Hurdle Theft Trap/Looking Ahead to Canon's Results and FY18CE/JSR Reports Strong Q3/Koito Sold Off on Weak Results/Muted Response to Fanuc's Strong Q3-Nikkei

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Japan Market Comment by Pelham Smithers, Joel Scheiman and William Nestuk

Nikkei ¥23,629.34 (-¥2.54 / -0.01%); Topix ¥1,880.45 (+¥1.06/ +0.06%); ¥/$108.91

Tags: Bitcoin (XBT), SBI Holdings (8473 JP), GMO Internet (9449 JP), Canon (7751 JP), JSR (4185 JP), Tokyo Ohka Kogyo (4186 JP), Koito Manufacturing (7276 JP), Fanuc (6954 JP)

Main Points at a Glance

·      Weak markets in Asia drag the Nikkei lower

·      Crypto Stocks Hurdle the Theft Trap

·      A snapshot of what to expect for Canon’s FY17 earnings, and more importantly, the FY18 CE

·      JSR’s strong Q3 puts it well ahead of guidance, and consensus

·      Koito sold off

·      Rather muted response to Fanuc’s strong Q3 results

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
Joel Scheiman

Pelham Smithers

William Nestuk

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