Report
Pelham Smithers ...
  • Thao Nguyen

PSA Today Oct 10: Marking time / WeWork banks with SoftBank / Strong machinery orders / iStyle cheaper – Nikkei + 0.16%

Japan Market Comment by Pelham Smithers and Thao Nguyen
Nikkei ¥23,506.04 (+¥36.65 / +0.16%); Topix ¥1,763.86 (+¥2.74 / +0.16%); ¥/$112.98
Tags: PPG (PPG US), KDDi (9433 JP), Docomo (9437 JP), SoftBank (9984 JP), Koei Tecmo (3635 JP), WeWork (priv.), Koei Tecmo (3635 JP), IWG (IWG LN), Liberty Global (LBTYA US),Yaskawa (6506 JP), Fanuc (6954 JP), DMG Mori (6141 JP), Makino Milling (6135 JP), Tsubaki Nakashima (6464 JP), iStyle (3660 JP)
Main Points at a Glance
• Equities mark time
• WeWorks move underscores SoftBank’s banking aims
• Strong machinery order numbers
• iStyle’s recent sell-off presents an opportunity
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

Thao Nguyen

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