Report

PSA Today Nov 30: Up despite FANG sell-off/Supportive Economic Data/KDDi Back in Favour/Good news for Honda Brands/Chugai Progress/Santen's Patent Case/Automation Names Sold Off, Heavies Advance - Nikkei +0.57%

Japan Market Comment by Pelham Smithers, Julie Boote and William Nestuk
Nikkei ¥22,724.96 (+¥127.76 / +0.57%); Topix ¥1,792.08(+¥5.93 / +0.33%); ¥/$112.12
Tags: SoftBank (9984), Recruit (6098), Nintendo (7974), Sony (6758), Line (3938), Yahoo Japan (4689), CyberAgent (4751), KDDi (9433), DoCoMo (9437), Honda (7267), Toyota (7203), Volvo, Tesla (TSLA US), Chugai Pharmaceutical (4539), TWOCELLS (unl), Santen Pharmaceutical (4519), Micro Labs (pvt), Yaskawa (6506), Omron (6645), SMC (6273), MHI (7011), IHI (7013), KHI (7012)

  • Nikkei overcomes FANG sell-off to gain 0.5%
  • Economic data hints at slow, steady improvement
  • KDDi coming back into favour
  • Good news for Honda’s brand image in the US
  • Chugai – gMSC-1 moves to Phase III
  • Santen expected to lose patent case
  • Good news for Honda’s brand image in the US
  • Automation notes: a sharp sell-off interrupts the surge; heavies advance
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
Pelham Smithers

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