PSA Today June 21: Strong yen hurts / Wii's last dance / Nissan, Renault to partner Waymo / EUV adoption / Too greedy Nexon? – Nikkei - 0.95%
Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and Thao NguyenNikkei ¥21,258.64 (-¥204.22 / -0.95%); Topix ¥1,545.90 (-¥14.00 / -0.90%); ¥/$107.21
Tags: Ono Pharmaceutical (4528 JT), Chugai Pharmaceutical (4519 JT), Eisai (4523 JT), Daiichi Sankyo (4568 JT), Unicharm (8113 JT), Shiseido (4911 JT), Kao (4452 JT), iStyle Inc (3660 JT), Ubisoft (UBI FP), Nintendo (7974 JT), Sony (6758 JT), Microsoft (MSFT US), Google (GOOG US), Nissan (7201 JT), Renault (RNO FP), Alphabet (GOOGL US), Geely (175 HK), Fiat Chrysler (FCAU US), Toyota (7203 JT), SoftBank Group (9984 JT), TSMC (2330 TT), Samsung Electronics (005930 KS), SK Hynix (000660 KS), Micron (MU US), Shin-Etsu Chemical (4063 JT), JSR (4185 JT), Tokyo Ohka Kogyo (4186 JT), Hoya Corp (7741 JT), Nexon (3659 JT), Kakao (035720 KS)
Main Points
• Yen strength sees Japan close lower
• Just Dance 2020: Last game for the Wii
• Nissan and Renault to partner with Waymo
• EUV adoption spreads
• Nexon falls on rumours of stalled discussions
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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