PSA Today June 3: Nerves / Toshiba sells LNG position to Total / SQE, Colopl's new AR mobile game / METI CY19 Q1 corporate data / Tariffs on autos, auto parts / Remaining positive on CyberAgent – Nikkei -0.92%
Japan Market Comment by Pelham Smithers, Julie Boote and Thao NguyenNikkei ¥20,410.88 (-¥190.31 / -0.92%); Topix ¥1,498.96 (-¥13.32 / -0.88%); ¥/$108.22
Tags: Daiichi Sankyo (4568 JT), SoftBank Group (9984 JT), Sprint (S US), T-Mobile (TMUS US), Toshiba (6502 JT), Hitachi (6501 JT), Total (FP FP), Square Enix (9684 JT), Colopl (3668 JT), Capcom (9697 JT), Toyota (7203 JT), Suzuki (7269 JT)
Main Points
• Tokyo loses 1% as trade nerves heighten
• Toshiba sells LNG position to Total
• SQE in AR mobile game move
• METI Q1 corporate data series surprisingly good
• Auto sector reflects on trade situation
• CyberAgent suffers from the weak market, but we maintain our positive view
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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