PSA Today June 6: Flat/Mirrorless cameras/Worrisome Canon/Poor April wages/ Subaru's testing/New Mazda3/Oceanic plastic/Daikin/Fanuc - Nikkei +0.38 %
Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and William NestukNikkei ¥22, 625.73 (+¥86.19 / +0.38%); Topix ¥1,777.59 (+¥2.63 / +0.15%); ¥/$109.89
Tags: Sony (6758 JP), Nintendo (7974 JP), Hitachi (6501 JP), Fanuc (6954 JP), MHI (7011 JP), DMG Mori (6141 JP), Harmonic Drive (6324 JP), Nidec (6594 JP), Canon (7751 JP), Nikon (7731 JP), Mazda (7261 JP), Toyota (7203 JP), Honda (7267 JP), Nissan (7201 JP), Subaru (7270 JP), Kaneka (4118 JP), Nissha (7915 JP)
Main Points at a Glance
• Market flat as large caps go under the research department microscope
• Engadget flags the mirrorless issue
• Why our meeting with Canon was worrisome
• Disappointing April wage data
• Further issues with Subaru’s test procedures
• Mazda3: Smart looks and smart technology
• Further Japan Slow to Recognize Ocean Plastic Pollution
• Attractive 3-year targets for Daikin
• Fanuc automotive robotics likely to rise in FY18
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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