PSA Today June 22: Yen up, market weaker/Daimler's profit warning/Nintendo takes on the hackers /SoftBank's AGM /JDI's better week - Nikkei - 0.78%
Japan Market Comment by Pelham Smithers and Joel ScheimanNikkei ¥22,516.83 (-¥176.21 / -0.78%); Topix ¥1,744.83 (-¥5.80 / -0.33%); ¥/$109.98
Tags: Sony (6758 JP), Start Today (3092 JP), MonotaRO (3064 JP), Daimler (DAI GR), Honda (7267 JP), Subaru (7270 JP), Fujifilm (4901 JP), mixi (2121 JP), Showa Denko (4004 JP), Nintendo (7974 JP), Nvidia (NVDA US), Capcom (9697 JP), SoftBank (9984 JP), Alibaba (BABA US), Sprint (S US), Nvidia (NVDA US), Uber (priv.), Japan Display (6740 JP), Apple (AAPL US), LG Display (034220 KS), Sharp (6753 JP)
Main Points at a Glance
• Japanese shares weaken on strong yen, Daimler profits warning
• Nintendo goes to war with hackers
• Does the SoftBank AGM really signal a change?
• Japan Display rises further from the bottom
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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