PSA Today June 10 : Relief again / Battle of the consoles / France, RNO and Nissan / Toray and cancer screening / Miraial's strong Q1 / IHI FY20 / Poletowin Pitcrew Q1 comment - Nikkei +1.20%
Japan Market Comment by Julie Boote, Joel Scheiman, William Nestuk and Lindsay WhippNikkei ¥21,134.42 (+¥238.04 / +1.09%); Topix ¥1,625.67 (+¥11.94 / +0.73%); ¥/$108.71
Tags: KDDi (9433 JT), DoCoMo (9437 JT), SoftBank Corp (9434), SoftBank Group (9984 JT), Toyota (7203 JT), Honda (7267 JT), Microsoft (MSFT US), Sony (6758 JT), Nintendo (7974 JT), Renault (RNO FP), Nissan (7201 JT), Fiat Chrysler (FCAU US), Toray (3402 JT), Miraial (4238 JT), Sumco (3436 JT), IHI (7013 JT), Lufthansa (LHA GR), Poletowin Pitcrew (3657 JT), Bandai Namco (7832 JT)
Main Points
• A strong day across the board as threats of tariffs on Mexico dropped
• France indicates it could lower Renault stake to appease Nissan
• Battle of the consoles
• B777X aircraft delay to help IHI in FY20
• Toray makes progress in cancer screening
• Miraial’s strong Q1
• Poletowin Pitcrew announces robust 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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