PSA Today Nov 12: Quiet day as Covid reasserts / V-Cube's 3Q revs +44% / Nissan's Q2: narrowed losses / Perky Fanuc / Rakuten's Q3 underwhelms – Nikkei +0.68%
Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk and Thao NguyenNikkei ¥25,520.88 (+¥171.28 / +0.68%); Topix ¥1,726.23 (-¥2.84 / -0.16%); ¥/$105.25
Tags: Pfizer (PFE US), Dentsu Group (4324 JT), Nintendo (7974 JT), Sony (6758 JT), Mercari (4385 JT), V-Cube (3681 JT), Microsoft (MSFT US), Zoom (ZM US), Cisco (CSCO US), Nissan Motor (7201 JT), Fanuc (6954 JT), Daifuku (6383 JT), Yaskawa Electric (6506 JT), SMC (6273 JT), Rakuten (4755 JT), Telefonica (TEF US)
Main Points
• Quiet day as local Covid cases rise
• V-Cube FY20 3Q revenues +44% YoY
• Nissan sees narrowing FY20 op. losses
• Fanuc continues to outperform
• Rakuten’s FY20 Q3 results
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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