Report
Joel Scheiman ...
  • Julie Boote
  • Pelham Smithers

PSA Today Jan 6: Iran and yen deal blows to market / Growing appetite for stablecoins; Tether, GMO / Mixed performance at the Japanese for Dec US auto sales / Fujifilm dissolves Xerox contract – Nikkei -1.91%

Japan Market Comment by Pelham Smithers, Julie Boote and Joel Scheiman
Nikkei ¥23,204.86 (-¥451.76 / -1.91%); Topix ¥1,697.49 (-¥23.87 / -1.39%); ¥/$108.77
Tags: Ishikawa Seisakusho (6208 JT), Howa Machinery (6203 JT), Hosoya Pyro-Engineering (4274 JT), Nexon (3659 JT), SoftBank Group (9984 JT), T-Mobile (TMUS US), Sprint (S US), GMO Internet (9449 JT), GMO Payment Gateway Inc (3769 JT), Ford (F US), Toyota Motor (7203 JT), Honda Motor (7267 JT), Nissan (7201 JT), Subaru (7270 JT), Mitsubishi Motors (7211 JT), Mazda (7261 JT), Fujifilm Holdings (4901 JT), Xerox Corp (XRX US), Hewlett Packard (HPQ US)
Main Points
• Tokyo lower as yen, Iran hit sentiment
• Growing appetite for stablecoins
• Mixed US auto sales results for Japanese assemblers
• Fujifilm decides to dissolve contract with Xerox
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

Julie Boote

Pelham Smithers

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