PSA Today Nov 7: Lower with US Mid-Terms Results / 3Q phone shipments / Video Game Makers SQE, Bandai Namco Report Q2/ Tougher Environment for Daikin's A/Cs / Kakaku.com Positive Surprise – Nikkei -0.28%
Japan Market Comment by Pelham Smithers, William Nestuk and Thao NguyenNikkei ¥22,085.80 (-¥61.95 / -0.28%); Topix ¥1,652.43 (-¥6.92 / -0.42%); ¥/$113.18
Tags: NTT (9432 JP), Ichikoh (7244 JP), Samsung (005930 KS), HTC (2498 TT), LG Elec (066570 KS), Sony (6758 JP), Lenovo (992 HK), Huawei (pvt.), Apple (AAPL US), TDK (6762 JP), Vivo (pvt.), Square Enix (9684 JP), Capcom (9697 JP), Bandai Namco (7832 JP), Daikin (6367 JP), Kakaku.com (2371 JP)
Main Points at a Glance
• Japanese stocks lower as mid-term results come through
• 3Q Smartphone Handset Shipments
• Square Enix reports 2Q OP -55% YoY
• Bandai Namco’s 2Q OP rises 35% YoY
• Daikin sees more difficult A/C business environment
• Kakaku.com’s FY18 Q2: positive surprise
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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