Report
Julie Boote ...
  • Lindsay Whipp
  • Pelham Smithers
  • Thao Nguyen

PSA Today May 15: Above 20k again / Oh, look at China auto sales / TDK's 4Q OP loss / Mixi's FY19 / Gree's Q3 / Considering Medley / Bad boy NTT Data - Nikkei +0.62%

Japan Market Comment by Pelham Smithers, Julie Boote, Thao Nguyen and Lindsay Whipp
Nikkei ¥20,037.47 (+¥122.69 / +0.62%); Topix ¥1,453.77 (+¥7.22 / +0.50%); ¥/$107.10
Tags: Nexon (3659 JT), NEC (6701 JT), Fujitsu (6702 JT), Internet Initiative Japan (3774 JT), Sony (6758 JT), Colopl (3668 JT) , Square Enix (9684 JT), Capcom (9697 JT), CyberAgent (4751 JT), PCA Corp (9629 JT), TDK (6762 JT), Murata (6981 JT), Mixi (2121 JT), Gree (3632 JT), Medley Inc (4480 JT), NTT Data (9613 JT), TIS Inc (3626 JT), Nomura Research Institute (4307 JT), Japan Post (6178 JT)
Main Points
• Japan ends week on uptick as cyclicals, Lockdown stocks perform
• China auto sales decline in May
• TDK 4Q FY19 operating loss ¥11.4bil
• Gree’s FY20 Q3 results
• Mixi: another year another earnings decline
• Medley Inc presents the positive and negative of Covid-19 with strong long-term outlook
• NTT Data is Japan’s IT services bad boy, again
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

Lindsay Whipp

Pelham Smithers

Thao Nguyen

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