PSA Today July 5: Inching up / Household spending / Japan-Korea dispute; impact on autos / Dentsu's info bank / Seven & i's cashless payment hack – Nikkei +0.20%
Japan Market Comment by Pelham Smithers, Julie Boote, Thao Nguyen and Lindsay WhippNikkei ¥21,746.38 (+¥43.93 / +0.20%); Topix ¥1,592.58 (+¥2.80 / +0.18%); ¥/$107.88
Tags: Subaru (7270 JT), Rohm (6963 JT), Murata (6981 JT), Cybozu (4776 JT), Rakuten (4755 JT), Kitanotatsujin (2930 JT), Seven & i Holdings (3382 JT), Hyundai Motors (005380 KS), Kia Motors (000270 KS), LG Chemical (051910 KS), Samsung SDI (006400 KS), Toyota (7203 JT), Honda (7267 JT) Nissan (7201 JT), Dentsu (4324 JT), Amazon (AMZN US), Google (GOOGL US), Facebook (FB US), Yahoo Japan (4689 JT), LINE (3938 JT), Fast Retailing (9983 JT)
Main Points
• Topix closes higher in holiday-affected trading
• Household spending +4% YoY in May
• Korea Japan dispute: Consequences for autos
• Dentsu launches an “information bankâ€
• Seven & i’s new QR code payment function hacked
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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