Pelham Smithers Associates Ltd - PSA Today Mar 30: Strong dollar, rising bond yields / Considering emission rules / China auto sales surge / Auto production figures are distorting / China machine tool order rebound – Nikkei +0.16%

Report

Pelham Smithers Associates Ltd

Joel Scheiman ...

Julie Boote
Pelham Smithers
William Nestuk

PSA Today Mar 30: Strong dollar, rising bond yields / Considering emission rules / China auto sales surge / Auto production figures are distorting / China machine tool order rebound – Nikkei +0.16%

Japan Market Comment by Pelham Smithers, Joel Scheiman, Julie Boote and William Nestuk
Nikkei ¥29,432.70 (+¥48.18 / +0.16%); Topix ¥1,977.86 (-¥15.48 / -0.78%); ¥/$110.08
Tags: Toyota Motor (7203 JT), Renesas (6723 JT), Tokyo Electron (8035 JT), Advantest (6857 JT), Lasertec (6920 JT), Komatsu (6301 JT), Hitachi Construction Machinery (6305 JT), Southwest Airlines (LUV US), Osaka Titanium (5726 JT), IHI (7013 JT), Boeing (BA US), Grace Technology (6541 JT), MTG (7806 JT), Daiseki (9793 JT), Toyota Boshoku (3116 JT), Appier Group (4180 JT), SoftBank Group (9984 JT), W-Scope (6619 JT), Tosoh (4042 JT), Honda Motor (7267 JT), Nissan Motor (7201 JT), Suzuki Motor (7269 JT), Mazda Motor (7261 JT), Mitsubishi Motors (7211 JT), Subaru (7270 JT), Fanuc (6954 JT), SMC (6273 JT), Yaskawa Electric (6506 JT)
Main Points
• Strong dollar and rising yields
• Implications of an emission trading scheme
• Feb auto production shows a distorted picture
• China auto sales surge on base effect
• China machine tool order rebound

30/03/2021 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

Joel Scheiman

Julie Boote

Pelham Smithers

William Nestuk

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PSA Today Mar 30: Strong dollar, rising bond yields / Considering emission rules / China auto sales surge / Auto production figures are distorting / China machine tool order rebound – Nikkei +0.16%

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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