PSA Today July 1: Slide on Tankan figures.../ ...but Tankan forecasts better / Sony continues to buy content / The government's new cashless promotion scheme / Money Forward's further links with Shizuoka Bank – Nikkei -0.75%
Japan Market Comment by Pelham Smithers, Thao Nguyen and Lindsay WhippNikkei ¥22,121.73 (-¥166.41 / -0.75%); Topix ¥1,538.61 (-¥20.16 / -1.29%); ¥/$107.52
Tags: BASE Inc (4477 JT), Money Forward (3994 JT), GA Technologies (3491 JT), Tokyo Electron (8035 JT), Suzuki Motor (7269 JT), Maruti Suzuki (MSIL IN), Z Holdings (4689 JT), LINE Corp (3938 JT), Sony (6758 JT), Netflix (NFLX US), Rakuten (4755 JT), NTT DOCOMO (9437 JT), East Japan Railway (9020 JT), Shizuoka Bank (8355 JT)
Main Points
• Tokyo slides as Tankan underscores economic travails
• BoJ’s Tankan -34 but forecasts suggest some hope
• Sony continues content buying spree
• Applications for government’s new cashless promotional campaign open today
• Money Forward strengthens partnership with Shizuoka Bank
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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