Report
Julie Boote ...
  • Pelham Smithers

PSA Today Mar 9: Off 5% takes us below 20k / SoftBank's vulnerabilities / Ricoh sells down leasing ops, changes numbers / Autos bashed - Nikkei -5.07%

Japan Market Comment by Pelham Smithers and Julie Boote
Nikkei ¥19,698.76 (-¥1,050.99 / -5.07%); Topix ¥1,388.97 (-¥82.49 / -5.61%); ¥/$102.59
Tags: Ricoh (7752 JT), Panasonic (6752 JT), Canon (7751 JT), Sharp (6753 JT), Nikon (7731 JT), IHI (7013 JT), Konica Minolta (4902 JT), KDDI (9433 JT), Nichirei (2871 JT), FP (7947 JT), SoftBank Group (9984 JT), SoftBank Corp (9434 JT), Alibaba (BABA US), Z Holdings (4689 JT), WeWork (pvt), Uber (UBER US), Oyo (pvt), Airbnb (pvt), Ricoh (7752 JT), Ricoh Leasing (8566 JT), Canon (7751 JT), Toyota (7203 JT), Nissan (7201 JT), Mazda (7261 JT)
Main Points
• Back below 20,000
• SoftBank – A question of leverage
• Ricoh cuts forecast, sells down leasing position
• Japanese auto stocks sold off on yen, global demand concerns
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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