PSA Today Nov 2: Yen halts drive to 30k / Tokyo Seimitsu considered / Z Holdings' 2Q / Money Forward's lure – Nikkei 225 -0.43%
Japan Market Comment by Pelham Smithers, Thao Nguyen, and Lindsay WhippTags: Nexon (3659 JT), Dexerials (4980 JT), TDK (6762 JT), Murata (6981 JT), Kyocera (6971 JT), V-Cube (3681 JT), Nippon Steel (5401 JT), Nippon Steel Trading (9810 JT), Tokyo Seimitsu (7729 JT), Tokyo Electron (8035), Ulvac (6728 JT), Screen (7735 JT), Z Holdings (4689 JT), ASKUL (2678 JT), Demae-can (2484 JT Naver (035420 KS), BASE Inc (4477 JT), Shopify Japan, Money Forward (3994 JT)
Main Points
• Yen’s rally halts drive to 30,000
• Tokyo Seimitsu 2Q OP +123% YoY
• Z Holdings’ FY21 Q2 result exceeds highest analyst estimates
• Money Forward offers free cloud storage service to lure customers
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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