PSA Today May 16: Down again on Huawei, banking earnings / Is Japan headed back into recession? / Digital Garage launches Cloud Pay / Dividend hike for Persol Holdings – Nikkei -0.59
Japan Market Comment by Pelham Smithers, Thao Nguyen and Lindsay WhippNikkei ¥21,062.98 (-¥125.58 / -0.59%); Topix ¥1,537.55 (-¥6.60 / -0.43%); ¥/$109.48
Tags: Huawei (pvt.), NTT Docomo (9437 JT), TDK (6762 JT), Murata (6981 JT), Sony (6758 JT), Digital Garage (4819 JT), Persol Holdings (2181 JT)
Main Points
• Japan stocks resume decline on Huawei, banking earnings
• Is Japan headed back into recession?
• Digital Garage launches Cloud Pay
• Persol shares soar following dividend hike, robust Q4
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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