PSA Today June 27: G20 hopes / Some what ifs for Loeb and Sony / Cybozu and revisions / A/C stocks perky / Japan's plastic waste – Nikkei +1.19%
Japan Market Comment by Pelham Smithers, Lindsay Whipp, William Nestuk and Joel ScheimanNikkei ¥21,338.17 (+¥251.58 / +1.19%); Topix ¥1,553.27 (+¥18.93/ +1.23%); ¥/$107.92
Tags: AbbVie (ABBV US) / Allergan (AGN US), Chiyoda Corp (6366 JT), Tokyo Dome (9681 JT), Nintendo (7974 JT), Cybozu (4776 JT), Japan Display (6740 JT), Apple (AAPL US), Makita (6586 JT), JSR (4185 JT), Nittori (9843 JT), Sony (6758 JT), Vivendi (VIV FP), Google (GOOG US), Disney (DIS US), Fujitsu General (6755 JT), Daikin (6367 JT), Seven & I Holdings (3382 JT), Hitachi Zosen (7004 JT), JFE Holdings (5411 JT), Kaneka (4118 JT)
Main Points
• Market rallies on G20 optimism
• A/C recovery
• Cybozu raises FY OP, Sales guidance
• Plastic waste initiatives could use more coordination
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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