PSA Today Oct 18: Nikkei slides as China stocks, year low / China threatens tech imports / China's anti-dumping probe and Fanuc – Nikkei - 0.80%
Japan Market Comment by Pelham Smithers and William NestukNikkei ¥22,658.16 (-¥182.96 / -0.80%); Topix ¥1,704.64 (-¥9.23 / -0.54%); ¥/$112.47
Tags: Yaskawa (6506 JP), Shiseido (4911 JP), Kose (4922 JP), Pola Orbis (4927 JP), Kansai EP (9503 JP), SBI Holdings (8473 JP), Fanuc (6954 JP), SMC (6273 JP)
Main Points at a Glance
• Nikkei slides as Chinese stocks hit year low
• Vertical machine centres to the fore as China threatens a squeeze on tech imports
• Fanuc likely to be most affected by China anti-dumping probe
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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