PSA Today June 26: Following Wall Street / Murata's solid-state batteries / Honda smokes the grass / MHI's CRJ deal / Cool weather forecast: A/C stocks - Nikkei -0.51%
Japan Market Comment by Pelham Smithers, Julie Boote and William NestukNikkei ¥21,086.59 (-¥107.22 / -0.51%); Topix ¥1,534.34 (-¥9.15 / -0.59%); ¥/$107.44
Tags: Micron (MU US), Rohm (6963 JT), Huawei (pvt.), TDK (6762 JT), Nexon (3659 JT), AbbVie (ABBV US), Allergan (AGN US), Takeda (4502 JT), Cybozu (4776 JT), Murata (6981 JT), Honda (7267 JT), MHI (7011 JT), Bombardier (BBD/B CN), Fujitsu General (6755 JT), Daikin (6367 JT)
Main Points
• Shares slide following Wall Street decline
• Murata in solid-state battery move
• Honda’s Mean Mower breaks record
• CRJ deal neutral-plus for MHI
• A/C down on cool forecast
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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