PSA Today Jun 17: Taking a breather / Covid stocks to the fore / The rise of Japan's online real estate industry / FDA warns Takeda / May still bad for European car sales /Toray's weak carbon fiber outlook - Nikkei -0.56%
Japan Market Comment by Pelham Smithers, Julie Boote and Joel ScheimanNikkei ¥22,455.76 (-¥126.45 / -0.56%); Topix ¥1,587.09 (-¥6.36 / -0.49%); ¥/$107.35
Tags: AnGes (4563 JT), SoftBank Group (9984 JT), T-Mobile (TMUS US), Z Holdings (4689 JT), ZOZO (3092 JT), Askul (2678 JT), Demae-Can (2484 JT), Mixi (2121 JT), Nintendo (7974 JT), DLE (3686 JT), Triller (pvt), Snap (SNAP US), Cybozu (4776 JT), Rightmove (RMV LN), Experian (EXPN LN), NoBroker (pvt), Beike (pvt), Taisei Corp (1801 JT), GA Technologies (3491 JT), SRE Holdings (2980 JT), Heroz (4382 JT), PKSHA Technology (3993 JT), RPA Holdings (6572 JT), Takeda Pharmaceutical (4502 JT), Daiichi Sankyo (4568 JT), Toyota (7203 JT), Mitsubishi Motors (7211 JT), Nissan Motor (7201 JT), Mazda (7261 JT), Honda (7267 JT), Suzuki (7269 JT),Toray (3402 JT), Toray Composite Materials America (pvt), Boeing (BA US)
Main Points
• Covid stocks to the fore as market takes a breather
• The rise of Japan’s online real estate industry
• Takeda receives FDA warning letter
• European auto sales continue to tumble in May
• Toray shares weak on carbon fiber outlook
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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