PSA Today June 24: Sideways market, yen at Y111/$ / Kioxia's planned IPO / Nissan and WeRide / Ferrotec's hits all-time high – Nikkei 225 +0.00%
Japan Market Comment by Pelham Smithers, Julie Boote and William NestukTags: SoftBank Group (9984 JT), Tamura (6768 JT), J-Lease (7187 JT), DLE Inc (3686 JT), Triller, TikTok, Toshiba (6502 JT), Kioxia, T&S Inc (4055 JT), Quest (2332 JT), Mercari (4385 JT), BASE Inc (4477 JT), GA Technologies (3491 JT), Honda (7267 JT), Eisai (4523 JT), GSI Creos (8101 JT), Brilliant Matters, Tokyo Cosmos Electric (6772 JT), Marvelous (7844 JT), Intel (INTC US), Western Digital (WDC US), Samsung Electronics (005930 KS), WeRide, Nissan Motor (7201 JT), Mitsubishi Motors (7211 JT), Renault (RNO FP), Ferrotec (6890 JT)
Main Points
• Japanese shares trade sideways as yen hits ¥111/$
• Kioxia IPO looks set for September
• Nissan Invests in WeRide
• Ferrotec hits new listing high
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.
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