PSA Today June 28: Hong Kong helps revive Japan's shares / Takeda's CEO and competition to Shire from Chugai's Hemlibra: comment / Bridgestone's new material / Mitsubishi Electric bottom fishing - Nikkei -0.01%
Japan Market Comment by Pelham Smithers, Julie Boote and William NestukNikkei ¥22,270.39 (-¥1.38 / -0.01%); Topix ¥1,727.00 (-¥4.45 / -0.26%); ¥/$110.25
Tags: Sony (6758 JP), Spotify (SPOT US), Nippon Shinyaku (4516 JP), PTC Therapeutics (PTCT US) / Marathon (unl.), Sarepta Therapeutics (SRPT US) , Otsuka (4578 JP), Takeda (4502 JP), Shire (SHP LN), Chugai (4519 JP), Roche (ROG SW), Bridgestone (5108 JP), Goodyear (GT US), Mitsubishi Electric (6503 JP), Daikin (6367 JP)
Main Points at a Glance
• Strong opening in Hong Kong revives Japanese shares after weak start
• Takeda CEO comfortable with haemophilia competition
• Bridgestone develops new material
• Bottom fishing for Mitsubishi Electric
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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