PSA Today July 27: Some lockdown optimism / Might 1Q FY21 be a record OP for Topix 100 / MMC's strong Q1 / Rakuten: woe on woe – Nikkei 225 +0.49%
Japan Market Comment by Pelham Smithers, Julie Boote and Thao NguyenTags: ANA (9202 JT), West Japan Railway (9021 JT), Oriental Land (4661 JT), Eisai (4523 JT), Biogen (BIIB US), Chugai Pharmaceutical (4519 JT), Nitto Denko (6988 JT), Koei Tecmo (3635 JT), PCA Corp (9629 JT), Amazon (AMZN US), Z Holdings (4689 JT), Minkabu the Infonoid (4436 JT), Ivy Cosmetics (4918 JT), Shin-Etsu Chemical (4063 JT), Shimano (7309 JT), Nidec (6594 JT), Mitsubishi Motors (7211 JT), Rakuten (4755 JT), SoftBank Corp (9434 JT), KDDI (9433 JT)
Main Points
• Market higher as lockdown easing stocks gain
• Might 1Q FY21 be a record OP for Topix 100?
• Mitsubishi Motor reports strong FY21 Q1 results
• Rakuten hit by negative news on several fronts
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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