PSA Today May 22: Mixed market / Machinery order comment / Heavies / Yaskawa sentiment / Mercari getting sour looks – Nikkei +0.05%
Japan Market Comment by Pelham Smithers, William Nestuk and Thao NguyenNikkei ¥21,283.37 (+¥10.92 / +0.05%); Topix ¥1,546.21 (-¥4.09 / -0.26%); ¥/$110.43
Tags: Huawei (pvt.), Suzuki (7269 JT), Maruti Suzuki (MSIL IN), Mitsubishi Motors (7211 JT), Katitas (8919 JT), Yamato Holdings (9064 JT), Toridoll (3397 JT), Iida Group (3291 JT), Sony (6758 JT), Nintendo (7974 JT), MHI (7011 JT), IHI (7013 JT), KHI (7012 JT), Yaskawa (6506 JT), Mercari (4385 JT), Yahoo Japan (4689 JT), LINE (3938 JT)
Main Points
• Tokyo mixed as China slides
• Japan’s messy machinery order situation
• Heavies lacklustre in rebound rally
• Yaskawa sentiment dull
• Mercari: Concerns over Mercari US and Merpay continue to take their toll
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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