Report
Julie Boote ...
  • Pelham Smithers

PSA Today Mar 28: Not bad for an ex-div day / Linical and Accelovance merger / Altplus in KLab, Kadokawa tie-up / Sony wages up 5% / Self-drive turmoil / A warning about Subaru - Nikkei -1.34%

Japan Market Comment by Pelham Smithers and Julie Boote
Nikkei ¥21,031.31 (-¥286.01 / -1.34%); Topix ¥1,699.56(-¥17.57/ -1.02%); ¥/$105.66
Tags: Nvidia (NVDA US), SoftBank (9984 JP), Renesas (6723 JP), Chubu Electric (9502 JP), Murata (6981 JP), Daiichi Sankyo (4568 JP), Linical (2183 JP), iStyle (3660 JP), Accelovance, Iqvia (IQV US), KLab (3656 JP), Kadokawa (9468 JP), Altplus (3672 JP), Gumi (3903 JP), Colopl (3668 JP), Sony (6758 JP), Uber (unlisted), Aptiv Plc (APTV US), Mobileye, Nvidia (NVDA US),Tesla (TSLA US), Waymo, Alphabet (GOOGL US), Jaguar Land Rover, Tata Motors (TTM US), Subaru (7270 JP), Mitsubishi Motor (7211 JP)
Main Points at a Glance
• Wall St, dividends send market lower
• Linical to merge with Accelovance
• Altplus in KLab / Kadokawa tie-up
• Sony in 5% wage hike move
• Self-drive technology in turmoil: Uber, Mobileye, Nvidia
• Large scandal looms for Subaru
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
Julie Boote

Pelham Smithers

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