PSA Today May 30: Below 21k / Japan's inventory problem; Rohm / Sony's PS4's 2019 scheduling / Handsets a zero-sum game? / TOY and China ride hailing / Considering Cybozu - Nikkei -0.29%
Japan Market Comment by Pelham Smithers, Julie Boote, and Lindsay WhippNikkei ¥20,942.53 (-¥60.84 / -0.29%); Topix ¥1,531.98 (-¥4.43 / -0.29%); ¥/$109.70
Tags: Sanyo Chemical (4471 JT), Nippon Shokubai (4114 JT), Square Enix (9684 JT), Nintendo (7974 JT), Rohm (6963 JT), Nidec (6594 JT), Sony (6758 JT), Taiyo Yuden (6976 JT), Huawei (pvt.), Toyota (7203 JT), Didi Chuxing (pvt.), Uber (UBER US), Grab (pvt.), Japan Taxi (pvt.), Cybozu (4776 JT), Workday (WDAY US)
Main Points
• Tokyo closes below 21,000
• Rohm underlines Japan’s Q1 inventory problem
• Sony reveals Death Stranding release date, delays Last of Us 2.
• Are handsets a zero-sum game?
• Toyota plans to invest in Didi Chuxing to set up new mobility service
• Cybozu shares have an off day
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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