PSA Today June 13: Weak Yen, Market Higher / Nintendo Disappoints at E3 / MonotaRO's Sales Strength / Toyota's Grab Stake / Akebono's Exciting New Brake Design - Nikkei +0.38%
Japan Market Comment by Pelham Smithers, Julie Boote and William NestukNikkei ¥22,966.38 (+¥88.03 +0.38%); Topix ¥1,800.37 (+¥7.55 / +0.42%); ¥/$110.57
Tags: Facebook (FB US), Amazon (AMZN US), Google (GOOG US), CyberAgent (4751 JP), MonotaRO (3064 JP), Murata (6981 JP), Alps (6770 JP), Sony (6758 JP), Nintendo (7974 JP), Square Enix (9684 JP), Bandai Namco (7832 JP), Sega Sammy (6460 JP), Capcom (9697 JP), Activision (ATVI US), Start Today (3092 JP), Misumi (9962 JP), Alibaba (BABA US), Mitsumi (9962 JP), Kitanotatsujin (2930 JP),Toyota (7203 JP), Grab, SoftBank (9984 JP), Didi Chuxing (priv.), Honda (7267 JP), Hyundai (005380 KS). Uber (priv.), Akebono Brake (7238 JP), Aisin Seiki (7259 JP)
Main Points at a Glance
• Nikkei 225 higher as yen weakens
• Nintendo disappoints at E3
• How strong are MonotaRO’s sales really?
• Toyota acquires Grab stake
• Akebono’s exciting new brake caliper design
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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