PSA Today Mar 10: Downgrades take toll on tech names / Do electric mini cars make sense? / All-time high for Toyota Industries / NTT Data and the dining scandal – Nikkei +0.03%
Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk and Lindsay WhippNikkei ¥29,036.56 (+¥8.62 / +0.03%); Topix ¥1,919.74 (+¥2.06 / +0.11%); ¥/$108.71
Tags: Tesla (TSLA US), GameStop (GME US) Murata (6981 JT), CKD (6407 JT), Mercari (4385 JT), Nippon Unisys (8056 JT), Z Holdings (4689 JT), KDDI (9433 JT), nReal, Nissan Motor (7201 JT), Mitsubishi Motors (7211 JT), Suzuki (7269 JT), SAIC Motor (600104 CH), Toyota Industries (6201 JT), NTT Data (9613 JT), NTT (9432 JT), Nomura Research Institute (4307 JT)
Main Points
• Tech stocks in weak rebound as downgrades take their toll
• Do electric mini cars make sense?
• Toyota Industries hits record listing high
• NTT Data investigates alleged involvement in government wining and dining scandal
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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