Report
Joel Scheiman ...
  • Julie Boote
  • Pelham Smithers

PSA Today Oct 21: Shrouded by share ownership issues / SQE's Dragon Quest progress / Forex will adversely affect auto assemblers' results / Sumi Chem's large downward revision – Nikkei +0.25%

Japan Market Comment by Pelham Smithers, Julie Boote and Joel Scheiman,
Nikkei ¥22,548.90 (+¥56.22 / +0.25%); Topix ¥1,628.60 (+¥6.61 / +0.41%); ¥/$108.51
Tags: Koa Corp (6999 JT), GMO Internet (9449 JT),SBI Holdings (8473 JT), MonotaRO (3064 JT), Recruit (6098 JT), Cybozu (4776 JT), Daiichi Sankyo (4568 JT), Square Enix (9684 JT), mixi (2121 JT), Honda (7267 JT), Nissan (7201 JT), Subaru (7270 JT), Mazda (7261 JT), Suzuki (7269 JT), Mitsubishi Motors (7211 JT), Toyota (7203 JT), Shin-Etsu Chemical (4063 JT), Sumitomo Chemical (4005 JT), Sumitomo Dainippon Pharma (4506 JT), Nippon Soda (4041 JT), Mitsui & Co (8031 JT), Novus International (pvt.)
Main Points
• Share ownership issues continue to shroud market
• Dragon Quest Walk: US$86mil in revenues in first month
• Forex to negatively impact automaker’s Q2 results
• Sumitomo Chemical posts a large downward revision
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
Joel Scheiman

Julie Boote

Pelham Smithers

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