PSA Today Oct 2: Retreat / Sony's PSN pricing / US Sep auto sales / NTT Data in the US: contracts won – Nikkei -0.49%
Japan Market Comment by Pelham Smithers, Julie Boote and Lindsay WhippNikkei ¥21,778.61 (-¥106.63 / -0.49%); Topix ¥1,596.29 (-¥6.71 / -0.42%); ¥/$107.80
Tags: SoftBank Corp (9434 JT), SoftBank Group (9984 JT), Z Holdings (4689 JT), WeWorks (pvt), Sony (6758 JT), Microsoft (MSFT US), Toyota (7203 JT), Honda (7267 JT), Nissan (7201 JT), Subaru (7270 JT), Mazda (7261 JT), Mitsubishi Motors (7211 JT), NTT Data (9613 JT), National Life Group (prv.)
Main Points
• US woes drag down market
• Sony cuts PSN pricing
• Japanese automakers post sharp drop in US auto sales in September
• NTT Data wins 4th US contract in FY19 Q2
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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