PSA Today June 27: Stable / Car financing concerns in the US / Nissha builds medical side / TOK's recovery / JDI equity losses down / Fanuc kills CORO / GungHo's Yokai Watch World - Nikkei -0.31%
Japan Market Comment by Julie Boote, Joel Scheiman, William Nestuk and Thao NguyenNikkei ¥22,271.77 (-¥70.23 / -0.31%); Topix ¥1,731.45 (+¥0.38 / +0.02%); ¥/$109.87
Tags: Showa Shell (5002 JP) Idemitsu (5019 JP), GungHo Online Entertainment (3765 JP), Capcom (9697 JP), Nintendo (7974 JP), Square Enix (9684 JP), Oracle Japan (4716 JP), Tokyo Electron (8035 JP), Screen Holdings (7735 JP), Advantest (6857 JP), SMC (6273 JP), Canon (7751 JP), Japan Tobacco (2914 JP), Bridgestone (5108 JP), Honda (7267 JP), Nissan (7201 JP), Hertz (HTZ US), Avis (CAR US), Nissha (7915 JP), Tokyo Ohka Kogyo (4186 JP), Japan Display (6740 JP), Fanuc (6954 JP), Yoshinoya (9861 JP)
Main Points at a Glance
• Trade issues keep markets cautious, boost yen
• Rising concerns over used car prices in the US
• Nissha buys another niche medical tech company
• Tokyo Ohka Kogyo begins to recover
• Japan Display to record lower equity holding losses
• GungHo launches Yokai Watch World
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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