Report
Joel Scheiman ...
  • Julie Boote
  • Pelham Smithers
  • William Nestuk

PSA Today Mar 27: Was that a book-close rally?/ Ricoh's shareholder policy / Sony rowing back? / Mtb Corp and Renault? / More on Ube and Mtb Chem's LiB / Daikin's big share price rise / Daikin: chemicals concern – Nikkei +3.88%

Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and William Nestuk
Nikkei ¥19,389.43 (+¥724.83 / +3.88%); Topix ¥1,459.49 (+¥60.17 / +4.30%); ¥/$108.75
Tags: TIS Inc (3626 JT), DTS (9682 JT), Trend Micro (4704 JT), Nomura Research Institute (4307 JT), JSR (4185 JT), Canon (7751 JT), Ricoh (7752 JT), Ricoh Leasing (8566 JT), Konica Minolta (4902 JT), Fujifilm Holdings (4901 JT), Kyocera (6971 JT), HP (HPQ US), Sony (6758 JT), Apple (AAPL US), Nintendo (7974 JT), Mitsubishi Corp (8058 JT), Renault (RNO FP), Nissan (7201 JT), Mitsubishi Motors (7211 JT), Mitsubishi Chemical Holdings (4188 JT), Ube Industries (4208 JT), Daifuku (6383 JT), Daikin (6367 JT)
Main Points
• Nikkei higher on the back of Wall St gains, late program –
• Ricoh to return an additional ¥100bil to shareholders (apparently)
• Sony seems to reverse upward revision
• Mitsubishi Corp to invest in Renault?
• Mitsubishi Chemical and Ube combine some LiB Operations
• Daifuku Up 8th Day for 39.1% Gain
• Daikin Chemicals: weaker yet
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

Julie Boote

Pelham Smithers

William Nestuk

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