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

PSA Today May 23: Second slide/Nidec's xEV move with PSA/Amazon in Japan/SQE's interesting doll game/ Impact of China import tariff cuts/Toyoda Gosei - Nikkei -1.18%

Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk and Thao Nguyen
Nikkei ¥22,689.74(-¥270.60 / -1.18%); Topix ¥1,797.31 (-¥12.26/ -0.68%); ¥/$110.5
Tags: Sony (6758 JP), Inter Action (7725 JP), Mitsubishi Research (3636 JP), Nippon Shokubai (4114 JP), Recruit (6098 JP), GungHo (3765 JP), Renesas (6723 JP), Sinfonia (6507 JP), NSK (6471 JP), INES (9742 JP),Nidec (6594 JP), Peugeot (UG FP), Amazon (AMZN US), Start Today (3092 JP), Fast Retailing (9983 JP),Yahoo Japan (4689 JP), Rakuten (4755 JP), Square Enix (9684 JP), Gree (3632 JP), Nexon (3659 JP), Capcom (9697 JP), Toyota (7203 JP), Nissan (7201 JP), Subaru (7270 JP), Toyoda Gosei (7282)
Main Points at a Glance
• For the second day: Nikkei slides as yen strengthens
• Nidec in xEV move with France’s PSA
• Amazon expands in Japan
• Square Enix’s Project Tokyo Dolls winning fans one year after release
• China import tariff cut from 25% to 15%: Impact on Toyota, Nissan, Subaru
• Toyoda Gosei: Q4 automotive momentum caution
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

Thao Nguyen

William Nestuk

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