PSA Today Mar 26: Rebound / Sony reorganizes CE/ Is solar perking up? / MMC's new Alliance pick-up platform / Central Glass sold down / Nabtesco, SHI - winners in hydraulics – Nikkei +2.15%
Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and William NestukNikkei ¥21,428.39 (+¥451.28 / +2.15%); Topix ¥1,617.94 (+¥40.53 / +2.57%); ¥/$110.15
Tags: Samsung (005930 KS), Nidec (6594 JT), Google (GOOG US), Apple (AAPL US), Sony (6758 JT), Eisai (4523 JT), Nintendo (7974 JT), SoftBank (9984 JT), KDDi (9433 JT), Kyocera (6971 JT), Toshiba (6502 JT), Sanix Inc (4651 JT), NPC Inc (6255 JT), Ulvac (6728 JT), Panasonic (6752 JT), Tokuyama (4043 JT), Ferrotec (6890 JT), Nissan (7201 JT), Mitsubishi Motors (7211 JT), Central Glass (4044 JT), Nabtesco (6268 JT), Sumitomo Heavy Industries (6302 JT), Hitachi Construction Machinery (6305 JT), Komatsu (6301 JT), Hitachi (6501 JT), Heavy Industry (600031 CH), Guangxi Liugong Machinery (000528 CH), XCMG Construction Machinery (000425 CH)
Main Points
• Japanese equities rebound
• Sony announces CE divisions reorganization
• Is solar on the mend?
• Mitsubishi Motors to develop new pick-up platform for alliance
• Central Glass shares fall after small upward revision
• Nabtesco and SHI relative winners in Hydraulic
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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