PSA Today Nov 30: US China sanctions and Covid weigh on market / NEC starts offering 5G aaS / Toyota's second-generation Mirai for Europe – Nikkei -0.79%
Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and Thao NguyenNikkei ¥26,433.62 (-¥211.09 / -0.79%); Topix ¥1,754.92 (-¥31.60 / -1.77%); ¥/$103.97
Tags: CNOOC (883 HK), Shin-Etsu Chemical (4063 JT), Sumco (3436 JT), Siltronic (WAF GR), GlobalWafers (6488 TT), Nintendo (7974 JT), Warner Brothers, Amazon (AMZN US), Square Enix (9684 JT), M3 (2413 JT), V-Cube (3681 JT), Zoom (ZM US), Tokyo Dome (9681 JT), Mitsui Fudosan (8801 JT), Recruit Holdings (6098 JT), NEC (6701 JT), Toyota Motor (7203 JT), Panasonic (6752 JT), TIS Inc (3626 JT), Hyundai Motor (005380 KS)
Main Points
• Sanctions, Covid, profit-taking send Japan shares lower.
• NEC starts offering 5G as a service
• Toyota presents second generation Mirai in Europe
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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