PSA Today Mar 5: Talking heads / Nidec's EV motor production plans in Europe / Showa Denko selling Shoko shares – Nikkei -0.23%
Japan Market Comment by Pelham Smithers, Julie Boote and Joel ScheimanNikkei ¥28,864.32 (-¥65.79 / -0.23%); Topix ¥1,896.18 (+¥11.44 / +0.61%); ¥/$108.24
Tags: Bank of Japan (8301 JT), Sumitomo Metal Mining (5713 JT), Pacific Metals (5541 JT), Inpex (1605 JT), Japan Petroleum Exploration (1662 JT), Broadcom (AVGO US), Tokyo Electron (8035 JT), Advantest (6857 JT), Ricoh (7752 JT), Canon (7751 JT), Raccoon Holdings (3031 JT), BASE Inc (4477 JT), Artiza Networks (6778 JT), NEC (6701 JT), Anritsu (6754 JT), Nidec (6594 JT), Stellantis NV (STLA US), Peugeot (UG FP), Showa Denko (4004 JT), Shoko Co. (8090 JT), SKT Holdings
Main Points
• Market falls on Powell comments, but recovers on Kuroda’s
• Nidec’s EV motor production plans in Europe
• Showa Denko selling shares of Shoko
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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