Report
Joel Scheiman ...
  • Lindsay Whipp
  • Pelham Smithers
  • William Nestuk

PSA Today Mar 19: Nikkei 225 and Topix diverge / SoftBank Group's issues / KH Neochem's dramatic fall / NRI snatches SI crown by market cap from NTT Data – Nikkei -1.04%

Japan Market Comment by Julie Boote, Joel Scheiman, William Nestuk and Lindsay Whipp
Nikkei ¥16,552.83 (-¥173.72 / -1.04%); Topix ¥1,283.22 (+¥12.38 / +0.97%); ¥/$108.88
Tags: SoftBank Group (9984 JT), Tokyo Electron (8035 JT), Fanuc (6954 JT), Fast Retailing (9983 JT), Japan Airport Terminal (9706 JT), ANA Holdings (9202 JT), Fujifilm Holdings (4901 JT), Tokyo Ohka Kogyo (4186 JT), Daifuku (6383 JT), Daikin (6367 JT), Suzuki Motor (7269 JT), SoftBank Corp (9434 JT), ZOZO (3092 JT), Yahoo Japan, Z Holdings (4689 JT), LINE (3938 JT), Alibaba (BABA US), WeWork (pvt.), KH Neochem (4189 JT), Nomura Research Institute (4307 JT), NTT Data (9613 JT), Nomura Holdings (8604 JT), NTT Corp (9432 JT)
Main Points
• Diverging performance between Topix and the Nikkei 225
• Nikkei highlights SoftBank Group’s issues
• The dramatic fall in KH Neochem’s share price
• NRI usurps NTT Data as Japan’s top systems integrator by market cap and overtakes Nomura Holdings as well
Provider
Pelham Smithers Associates Ltd
Pelham Smithers Associates Ltd

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. 

Analysts
Joel Scheiman

Lindsay Whipp

Pelham Smithers

William Nestuk

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