PSA Today Mar 15: China cuts taxes, Tokyo rebounds / North Korea theme / BoJ and QE / Mixi's prize / Solyxz' share buy-back – Nikkei +0.77%
Japan Market Comment by Pelham Smithers, Thao Nguyen and Lindsay WhippNikkei ¥21,450.85 (+¥163.83 / +0.77%); Topix ¥1,602.63 (+¥14.34 / +0.90%); ¥/$111.65
Tags: Ishikawa Seisakusho (6208 JT), Howa Machinery (6203 JT), Tokyo Electron (8035 JT), Hitachi High-Tech (8036 JT), Lasertec (6920 JT), Samsung (005930 KS), Tsinghua (pvt.), Mixi (2121 JT), Solxyz (4284 JT)
Main Points
• Tokyo rebounds as China cuts taxes
• The BoJ leaves QE unchanged
• Mixi to hold an eSports tournament with a total prize of ¥100mil
• Solxyz announces hefty share buyback programme
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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