Report

PSA Today Oct 11:1996/ Kobe Steel, Toshiba and the TSE/Netflix and Sony/SSMC's Stake in Sumco/Asahi Kasei Weak Housing Order/Agro drones/Automation - Nikkei +0.28%

Japan Market Comment by Pelham Smithers, Joel Scheiman and William Nestuk
Nikkei ¥20,881.27 (+¥57.76 / +0.28%); Topix ¥1,696.81 (+¥1.67 / +0.10%); ¥/$112.38
Tags: Kobe Steel (5406), Toshiba (6502), Netflix (NFLX US), Sony (6758), Fox (FOXA US), Disney (DIS US), Spotify, Amazon (AMZN US), Apple (AAPL US), Nippon Steel & Sumitomo Metal Corporation (5401), Mitsubishi Materials (5711), Asahi Kasei (3407), Sumitomo Chemical (4005), Kumiai Chemical Industry (4996), Sumitomo Corporation (8053), Nileworks, Skyrobot, Fanuc (6954), Yaskawa (6506), SMC (6273), DMG Mori (6141), Stanley Electric (6923)
Nikkei closes at highest level since 1996

  • Might Kobe Steel be removed from 225?
  • Toshiba regains its listing status
  • Is Netflix a problem for Sony?
  • NSSMC reduces its position in Sumco once more
  • Disappointing Asahi Kasei housing orders but other businesses doing well
  • Sumitomo Chemical and others invest in agro drones
  • Automation notes
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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