Pelham Smithers Associates Ltd - PSA Today Mar 22: Fires, BoJ ETFs send N225-specific names lower / Renesas and the Fed / Auto financial services positive outlook / China automation dip / Good prospects for Enechange – Nikkei -2.07%

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Pelham Smithers Associates Ltd

Julie Boote ...

Lindsay Whipp
Pelham Smithers
William Nestuk

PSA Today Mar 22: Fires, BoJ ETFs send N225-specific names lower / Renesas and the Fed / Auto financial services' positive outlook / China automation dip / Good prospects for Enechange – Nikkei -2.07%

Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk, and Lindsay Whipp
Nikkei ¥29,174.15 (-¥617.90 / -2.07%); Topix ¥1,989.12 (-¥22.03 / -1.15%); Mothers ¥1,222.04 (-¥9.94 / -0.81%); ¥/$112.53
Tags: Fast Retailing (9983 JT), Greensill, SoftBank Group (9984 JT), Tokio Marine (8766 JT), Renesas (6723 JT), Toyota Motor (7203 JT), Denso (6902 JT), Toyota Boshoku (3116 JT), Toyoda Gosei (7282 JT), Toshiba (6502 JT), Kioxia, NEC (6701 JT), Oracle Corp Japan (4716 JT), VisasQ (4490 JT), AI Inc (4388 JT), Panasonic (6752 JT), Honda Motor (7267 JT), Nissan Motor (7201 JT), Fanuc (6954 JT), SMC (6273 JT) Yaskawa Electric (6506 JT), ABB (ABB US), Enechange (4169 JT), Yappli (4168 JT), Towa Hi System (4172 JT), Stamen (4019 JT)
Main Points
• Renesas fire hits Japanese shares as BoJ ETF policy continues to hurt Nikkei 225-specific names
• Renesas and the Fed bet
• Positive outlook for auto financial services
• China automation dip
• Enechange to make its smart meter data subsidiary wholly owned

22/03/2021 5 EN

Provider

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.

See profile

Analysts

Julie Boote

Lindsay Whipp

Pelham Smithers

William Nestuk

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PSA Today Mar 22: Fires, BoJ ETFs send N225-specific names lower / Renesas and the Fed / Auto financial services' positive outlook / China automation dip / Good prospects for Enechange – Nikkei -2.07%

PSA Research & Consulting Services: BayCurrent (6532 JT) Update 2025

PSA Media & Entertainment: Square Enix (9684 JT) – Back in Play

PSA Today 1 May: Gains as BoJ leaves rates unch, dollar, bonds up / Genki Hoya / ZOZO FY24, FY25 guidance miss / Healthcare round-up / Nxera interest / Insource April KPIs – Nikkei 225 +1.13% | ¥$144.48

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