PSA Today Oct 29: Risk-on ratcheting up / Capcom's Q2 / NEC beats / Toyota and hydrogen, new Mirai / Chemical results / Obic's Q2 – Nikkei +0.47%
Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and Lindsay WhippNikkei ¥22,974.13 (+¥106.86 / +0.47%); Topix ¥1,662.68 (+¥14.25 / +0.86%); ¥/$108.98
Tags: Canon (7751 JT), JSR (4185 JT), Ube Industries (4208 JT), Nitto Denko (6988 JT), Capcom (9697 JT), Nintendo (7974 JT), Square Enix (9684 JT), NEC (6701 JT), Toyota (7203 JT), Shin-Etsu Chemical (4063 JT), Hitachi Chemical (4217 JT), Obic (4684 JT), Nomura Research Institute (4307 JT), Oracle Japan (4716 JT)
Main Points
• Risk-on ratcheting up
• What next after Capcom’s solid Q2?
• NEC beats
• Toyota reinforces its fuel cell commitment with a new Mirai at Tokyo Motor Show
• Chemical share moves mirror investors’ expectations
• Obic’s Q2 produces another solid set of results
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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