Report
Julie Boote ...
  • Pelham Smithers
  • Thao Nguyen
  • William Nestuk

PSA Today Oct 30: Sagging as low oil hints at slowdown / KDDI's 2Q / Alps Alpine 2Q / Lasertec's 1Q / Hino's 2Q / Nabtesco's Q3 / ZOZO's Q2; new suit – Nikkei -1.52%

Japan Market Comment by Pelham Smithers, Julie Boote, William Nestuk and Thao Nguyen
Nikkei ¥22,977.13 (-¥354.81/ -1.52%); Topix ¥1,579.33 (-¥31.60 / -1.96%); ¥/$104.37
Tags: VisasQ (4490 JT), Shionogi (4507 JT), Astellas (4503 JT), Panasonic (6752 JT), Fanuc (6954 JT), Kyocera (6971 JT), NEC (6701 JT), Hoya (7741 JT), Hitachi (6501 JT), KDDI (9433 JT), Alps Alpine (6770 JT), MinebeaMitsumi (6479 JT), Lasertec (6920 JT), Hino (7202 JT), Toyota (7203 JT), BYD (1211 HK), Nabtesco (6268), Harmonic Drive (6324 JT),ZOZO (3092 JT)

Main Points
• Market slumps as oil hints at new slowdown
• KDDI 2Q FY20 OP +1%
• Alps Alpine 2Q FY20 -81% YoY
• Lasertec 1Q FY21 +217% YoY
• Hino reports Q2 FY20 results
• Nabtesco Q3 FY20 disappoints
• ZOZO’s Q2 FY20 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
Julie Boote

Pelham Smithers

Thao Nguyen

William Nestuk

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