PSA Today May 29: Macro influences negative/Suzuki, Toyota extend co-operation/Nissan cuts North America production/TEL's strong AH forecast - Nikkei -0.55%
Japan Market Comment by Julie Boote and William NestukNikkei ¥22,358.43 (-¥122.66/ -0.55%); Topix ¥1,761.85(-¥8.57 / -0.48%); ¥/$109.09
Tags: Japan Display (6740 JP), Apple (AAPL US), Sharp (6752 JP), Nitto Denko (6988 JP), Minebea Mitsumi (6479 JP), Samsung SDI (006400 KS), Hodogaya Chemical (4112 JP), Tokai Carbon (5301 JP), Showa Denko (4004 JP), Nippon Paper (3863 JP), Kakaku.com (2371 JP), Suzuki (7269 JP), Toyota (7203 JP), Bosch, Nissan (7201 JP), Honda (7267 JP),Tokyo Electron (8035 JP), SMC (6273 JP)
Main Points
· Politics, the oil price and the yen send the Nikkei lower
· Suzuki, Toyota extend co-operation
· Nissan cuts North America production
· After-market released TEL forecast very upbeat
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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