PSA Today July 20: Week ends lower / Casino Bill with Upper House / Sony 1Q FY18 preview/TSMC Q2, Shin-Etsu / JTE tackles knee pain - Nikkei -0.20%
Japan Market Comment by Pelham Smithers and Joel ScheimanNikkei ¥22,697.88 (-¥66.80 / -0.20%); Topix ¥1,744.98 (-¥4.61 / -0.26%); ¥/$112.32
Tags: Mitsubishi Tanabe (4508 JP), DSK (4568 JP), Chugai (4519 JP), Shionogi (4507 JP), Otsuka (4578 JP), TEL (8035 JP), ASML (ASML NA), Inter Action (7725 JP), Japan Display (6740 JP), Tokyo Ohka Kogyo (4186 JP), Sega Sammy (6460 JP), Orix (8591 JP), Heiwa (6412 JP), Fuji Media (4676 JP), Konami (9766 JP), Glory (6457 JP), Mars Engineering (6419 JP), Japan Cash Machine (6418 JP), Secom (9735 JP), Panasonic (6752 JP), NEC (6701 JP), Canon (7751 JP), Sony (6758 JP),Spotify (SPOT US), Samsung (005930 KS), TSMC (2330 TT), Apple (AAPL US), Shin-Etsu Chemical (4063 JP), Fujifilm Holdings (4901 JP), Japan Tissue Engineering, (7774 JP)
Main Points at a Glance
• Market ends the week lower
• Casino Bill goes to Upper House
• Sony 1Q FY18 preview
• TSMC’s guidance auspicious for Shin-Etsu Chemical
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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