PSA Today May 22: China's Hong Kong gambit lowers sentiment / Fujifilm's Q4 weak, no surprise / istyle: good run to stop? – Nikkei -0.80%
Japan Market Comment by Pelham Smithers, Joel Scheiman and Thao NguyenNikkei ¥20,388.16 (-¥164.15 / -0.80%); Topix ¥1,477.80 (-¥13.41 / -0.90%); ¥/$107.48
Tags: Hitachi (6501 JT), Nippon Steel (5401 JT), SRE Holdings (2980 JT), Enigmo (3665 JT), Nexon (3659 JT), Capcom (9697 JT), GungHo Online Entertainment (3765 JT), Konica Minolta (4902 JT), Ricoh (7752 JT), SoftBank Corp (9434 JT), SoftBank Group (9984 JT), Fujifilm Holdings (4901 JT), istyle (3660 JT)
Main Points
• Hong Kong legislation sends Tokyo shares lower
• Fujifilm’s weak FY19 Q4 was to be expected
• Istyle: further upside is not guaranteed
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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