PSA Today Jun 29: Covid and retail sales worries upset market / The printer copier business and Covid / Suzuki Motor's problems – Nikkei -2.30%
Japan Market Comment by Pelham Smithers and Julie BooteNikkei ¥21,995.04 (-¥517.04 / -2.30%); Topix ¥1,549.22 (-¥28.15 / -1.78%); ¥/$107.22
Tags: Takashimaya (8233 JT), Canon (7751 JT), Nissan Motor (7201 JT), Panasonic (6752 JT), Nexon (3659 JT), Ricoh (7752 JT), Fujifilm Holdings (4901 JT), Xerox (XRX US), HP (HPQ US), Kyocera (6971 JT), Konica Minolta (4902 JT), Sharp (6753 JT), Brother Industries (6448 JT), Seiko Epson (6724 JT), Bengo4.com (6027 JT), Zoom (ZM US), Canon Marketing Japan (8060 JT), Suzuki Motor (7269 JT), Toyota (7203 JT), Mitsubishi Motors (7211 JT), Subaru (7270 JT)
Main Points
• Market closes below 22K on Covid, retail sales worries
• Dark days get darker for the printer copier business
• Suzuki Motor’s shares under pressure
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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