PSA Today Jun 8: Sixth consecutive day of gains / Weird macro data / Rohm and the future / Airport facial recognition / Europe's boost to EV adoption / Miraial's tough Q1 – Nikkei +1.37%
Japan Market Comment by Pelham Smithers, Julie Boote and Joel ScheimanNikkei ¥23,178.10 (+¥314.37 / +1.37%); Topix ¥1,630.72 (+¥18.24 / +1.13%); ¥/$109.49
Tags: ZoomInfo (ZI US), Crowdworks (3900 JT), Alps Alpine (6770 JT), TDK (6762 JT), Huawei (pvt) Sony (6758 JT), Poletowin Pitcrew (3657 JT), Harmonic Drive Systems (6324 JT), Dentsu (4324 JT), Mazda (7261 JT), Daiichi Sankyo (4568 JT), Hitachi Construction Machinery (6305 JT), Subaru (7270 JT), Unicharm (8113 JT), Rohm (6963 JT), Canon (7751 JT), Hitachi (6501 JT), NEC (6701 JT), Mitsubishi Motors (7211 JT), Toyota (7203 JT), Miraial (4238 JT)
Main Points
· Risk-on rally as Tokyo makes gains for sixth day
· Important but weird sets of economic data published
· Rohm gives glimpse of the future.
· Facial recognition set to play a bigger role in airports
· Europe to introduce auto support packages, EVs to benefit most
· Miraial reports a tough Q1
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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