PSA Today May 1: A slide ahead of GW / Canon: Mitarai in control again / Koei Chemical supplying to Avigan and remdesivir / Promising Mercari / Z Holdings for your online life / Otsuka - Nikkei -2.84%
Japan Market Comment by Pelham Smithers, Joel Scheiman, Thao Nguyen and Lindsay WhippNikkei ¥19,619.35 (-¥574.34 / -2.84%); Topix ¥1,431.26 (-¥32.77 / -2.24%); ¥/$107.05
Tags: Apple (AAPL US), Murata (6981 JT), Alps Alpine (6770 JT), Nidec (6594 JT), Canon (7751 JT), Toshiba (6502 JT) Sumitomo Chemical (4005 JT), Koei Chemical (4367 JT), Fujifilm Holdings (4901 JT), Gilead (GILD US), Mercari (4385 JT), Z Holdings (4689 JT), NTT DOCOMO (9437 JT), Origami (pvt), SoftBank Corp (9434 JT), SBI Holdings (8473 JT), ZOZO (3092 JT), LINE Corp (3938 JT), Yamato Holdings (9064 JT), ASKUL (2678 JT), Otsuka Corp (4768 JT), TIS Inc (3626 JT)
Main Points
• Japan slides ahead of GW following Apple’s lack of guidance
• Mitarai takes back control at Canon
• Koei Chemical supplies both Avigan and remdesivir
• Otsuka Corp and Covid-19: Where the teleworking wave drowns demand for office printing
• Mercari’s promising outlook
• Z Holdings’ FY19 beat
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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