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

PSA Today May 8: Following Wall Street down / SoftBank's amazing 3-card trick / Toyota's results and cautious FY19 guidance / Hoya's focus / DMG Mori's strong Q1 / IHI disappoints / LINE declining - Nikkei - 1.46%

Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk and Thao Nguyen
Nikkei ¥21,602.59 (-¥321.13 / -1.46%); Topix ¥1,572.33 (-¥27.51/ -1.72%); ¥/$110.06
Tags: Yamaha Motor (7272 JT), Nichias (5393 JT), Rohm (6963 JT), Capcom (9697 JT), Yahoo Japan (4689 JT), SoftBank Group (9984 JT), SoftBank Corp (9434 JT),
Toyota (7203 JT), Hoya (7741 JT), DMG Mori (6141 JT), IHI (7013 JT), LINE (3938 JT), Nintendo (7974 JT)
Main Points
• Tokyo follows Wall Street lower
• SoftBank’s latest three-card trick
• Toyota releases cautious FY19 outlook
• Hoya to focus on leading-edge ICs and medical services
• DMG Mori posts strong Q1
• IHI disappoints
• LINE declines on uncertain earnings outlook
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
Joel Scheiman

Julie Boote

Pelham Smithers

Thao Nguyen

William Nestuk

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