PSA Today May 20: Flat on GDP numbers; are they accurate? / anticipating Sony's analyst day / Modi and Suzuki /Automation hit – Nikkei +0.24%
Japan Market Comment by Pelham Smithers, Julie Boote and William NestukNikkei ¥21,301.73 (+¥51.64 / +0.24%); Topix ¥1,554.92 (+¥0.67 / +0.04%); ¥/$110.12
Tags: Huawei (pvt.), Murata (6981 JT), TDK (6762 JT), Takeda (4502 JT), Sony (6758 JT), Suzuki (7269 JT), Maruti Suzuki (MSIL IN), Yaskawa (6506 JT), Daifuku (6383 JT), SMC (6273 JT) Nabtesco (6268 JT), Harmonic Drive Systems (6324 JT), Fanuc (6954 JT), Daikin (6367 JT), Hoshizaki (6465 JT)
Main Points
• Tokyo flat as market shrugs off Asia weakness on GDP numbers
• Are Japan’s GDP figures also wrong?
• What to look for from Sony’s Analyst Day
• Suzuki surges on Indian election prediction
• Automation hit hard
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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