Report

PSA Today Nov 6: Taking a breather/Trump in Japan/ Isuzu Upgrades, Suzuki Downgrades/LiB material concerns, Stella Chemifa et al/Air-con stocks/NGK Spark/GungHo - Nikkei +0.04%

Japan Market Comment by Julie Boote, Joel Scheiman, William Nestuk and Thao Nguyen
Nikkei ¥22,548.35 (+¥9.23 / +0.04%); Topix ¥1,792.66 (-¥1.42 / -0.08%); ¥/$114.28
Tags: SoftBank (9984), Sprint (S US), T-Mobile (TMUS US), Yahoo Japan (4689), Furukawa Electric (5801), Sony (6758), Honda (7267), Suzuki (7269), Isuzu (7202), Subaru (7270), Stella Chemifa (4109), Kanto Denka (4047), Mitsubishi Chemical Holdings (4188), Ube Industries (4208), Hitachi Chemical (4217), Showa Denko (4004), Sumitomo Metal Mining (5713), Daikin (6367), Fujitsu General (6755), Mitsubishi Electric (6503), Panasonic (6752), SMC (6273), Yaskawa (6506), Daifuku (6383), Fanuc (6954), Minebea Mitsumi (6479), Nintendo (7974), Stanley Electric (6923), Koito (7276), NGK Spark Plug (5334), GungHo (3765)

  • Taking a breather
  • Trump on cars; and a factoid
  • Autos being driven by earnings releases
  • Isuzu upgrades its FY17 earnings forecast while Subaru lowers its guidance
  • Stella Chemifa’s less than stellar results highlight LiB material concerns
  • A look at A/C makers Daikin, Fujitsu General, Melco and Panasonic
  • More fresh highs in automation names
  • NGK Spark: the weak yen is helping, too
  • GungHo: strong day for the stock but no recovery in sight
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
Julie Boote

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