Report
Joel Scheiman ...
  • Julie Boote
  • Thao Nguyen

PSA Today Oct 24: Overseas influences / Saudi Arabia / China halts fresh gaming licenses/ / Auto round-up / LINE on the hook with Q3 – Nikkei +0.37%

Japan Market Comment by Joel Scheiman, Julie Boote and Thao Nguyen
Nikkei ¥22,091.18 (+¥80.40/ +0.37%); Topix ¥1,652.67(+¥1.35 / +0.08%); ¥/$112.56
Tags: Boeing (BA US), Microsoft (MSFT US), Caterpillar (CAT US), Komatsu (6301 JP), HCM (6305 JP), Isetan Mitsukoshi Holdings (3099 JP),Takashimaya (8233 JP), SoftBank (9984 JP), Sumitomo Chemical (4005 JP), PetroRabigh Refinery, Posco (005490 KSE), Tokyo Steel (5423 JP), Texas Instruments (TXN US), STMicro (STM FP), Sumco (3436 JP), Shin-Etsu Chemical (4063 JP), Tokai Carbon (5301 JP), Showa Denko (4004), Tencent (700 HK), NetEase (NTES US), Nexon (3659 JP), Nintendo (7974 JP), Bandai Namco (7832 JP), Square Enix (9684 JP), Valve (pvt.), Perfect World (002624 CH), Capcom (9697 JP), Isuzu (7202 JP), Nvidia (NVDA US), Suzuki (7269 JP), Subaru (7270 JP), Toyota (7203 JP), Mazda (7261 JP), LINE (3938 JP)
Main Points at a Glance
• Tokyo follows Shanghai higher, but tech continues to be sold down as earnings disappoint
• New gaming licenses halted in China
• Auto stocks move sideways: Isuzu recovers, Subaru tumbles
• LINE posts miserable Q3 results
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

Thao Nguyen

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