Report
Julie Boote ...
  • Pelham Smithers
  • William Nestuk

PSA Today May 21: Topix at 1500 triggers pull-back / SoftBank shuffles the pack / Interesting PMI data / Schizo dom tech / Governments keen to promote EVs globally / Soaring Daifuku – Nikkei -0.21%

Japan Market Comment by Pelham Smithers, Julie Boote and William Nestuk
Nikkei ¥20,552.31 (-¥42.84 / -0.21%); Topix ¥1,491.21 (-¥3.48 / -0.23%); ¥/$107.74
Tags: Money Forward (3994 JT), Freee KK (4478 JT), Capcom (9697 JT), Nexon (3659 JT), Kusuri no Aoki (3549 JT), Tsuruha Holdings (3391 JT), Welcia (3141 JT), Bengo4.com (6027 JT), Bandai Namco (7832 JT), SoftBank Group (9984 JT), SoftBank Corp (9434 JT), Toyo Seikan (5901 JT), GMO Payment (3769 JT), GA Technologies (3491 JT), PCA Corp (9629 JT), Kitanotatsujin (2930 JT), SRE Holdings (2980 JT), Cybozu (4776 JT), GMO Internet (9449 JT), Daifuku (6383 JT), Samsung Electronics (005930 KS)
Main Points
• Profit-taking seen as Topix hits 1,500
• Interesting PMI data
• The schizophrenic world of Japanese tech names
• Global governments to introduce additional support measures for EVs
• Daifuku renews listing high for third straight day
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

Pelham Smithers

William Nestuk

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