- Lindsay Whipp
- Pelham Smithers
- Thao Nguyen
- William Nestuk
PSA Today May 14: Trade talks helping / Sprint, TMUS concessions to consider / Bridgestone's profits fall / Good day for MHI, IHI / istyle outlook positive / GungHo picks up / TIS conservative as ever – Nikkei -0.59%
Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk, Thao Nguyen and Lindsay WhippNikkei ¥21,067.23 (-¥124.05 / -0.59%); Topix ¥1,534.98 (-¥6.16/ -0.40%); ¥/$109.65
Tags: Taiyo Yuden (6976 JT), Murata (6981 JT), Square Enix (9684 JT), Konica Minolta (4902 JT), SoftBank Group (9984 JT), Uber (UBER US), Nvidia (NVDA US), Tosho Printing (7913 JT), RELX (REL LN), Sprint (S US), T-Mobile (TMUS US), Deutsche Telekom (DTE GY), Bridgestone Corp (5108 JT), MHI (7011 JT), IHI (7013 JT), Sumitomo Heavy (6302 JT), istyle (3660 JT), GungHo Online Entertainment (3765 JT), TIS Inc (3626 JT), MUFG (8306 JT)
Main Points
• Tokyo closes well off lows on optimism on trade talks
• Sprint / T-Mobile consider concessions
• Bridgestone’s profits fall on rising costs, weak sales
• Heavies defy gravity today
• istyle up on more certain outlook
• GungHo’s pickup continues
• TIS shares pare initial losses following slow growth outlook
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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