PSA Today May 29: It's tech again / Consider the economy / SQE: better business / Hitachi's FY19 4Q / Nissan's record losses / What about the office, after Lockdown? – Nikkei -0.18%
Japan Market Comment by Pelham Smithers, Julie Boote and Lindsay WhippNikkei ¥21,877.89 (-¥38.42 / -0.18%); Topix ¥1,563.67 (-¥13.67 / -0.87%); ¥/$107.21
Tags: Nissan (7201 JT), Internet Initiative Japan (3774 JT), Nomura Research Institute (4307 JT), Money Forward (3994 JT), Cybozu (4776 JT), Sakura Internet (3778 JT), GMO Cloud (3788 JT), Nikon (7731 JT), Capcom (9697 JT), Otsuka Holdings (4578 JT), Square Enix (9684 JT), Hitachi (6501 JT), Hitachi Construction Machinery (6305 JT), Hitachi Chemical (4217 JT), Toyota (7203 JT), Cybozu (4776 JT), Sansan (4443 JT), Freee KK (4478 JT), Money Forward (3994), Otsuka Corp (4768 JT), NTT DoCoMo (9437 JT), LinkedIn (acquired by MSFT US)
Main Points
• Bifurcated market as tech stocks regain prominence
• Could, should, the economy have been worse last month?
• Business improving at Square Enix
• Hitachi’s FY19 4Q OP +178% YoY
• Nissan reports record losses on sales plunge and impairment charges
• Japan’s short lockdown doesn’t necessarily mean returning to the office for all
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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