PSA Today Oct 30: Split / Lasertec / Hitachi misses /Hitachi, Honda auto parts tie-up / Sony / Fiat Chrysler and Peugeot / Hoya, Dexerials / Fanuc, Komatsu – Nikkei -0.57%
Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and William NestukNikkei ¥22,843.12 (-¥131.01 / -0.57%); Topix ¥1,665.90 (+¥3.22 / +0.19%); ¥/$108.86
Tags: Fujitsu (6702 JT), NEC (6701 JT), Sony (6758 JT), Olympus (7733 JT), M3 (2413 JT), Capcom (9697 JT), Lasertec (6920 JT), Hitachi (6501 JT), Hitachi Metals (5486 JT), Honda (7267 JT), Nissin Kogyo (7230 JT), Showa Corp (7274 JT), Keihin Corp (7251 JT), Denso (6902 JT), Aisin Seiki (7259 JT), Tesla (TSLA US), General Motors (GM US), Fiat Chrysler (FCAU US), Peugeot SA (UG FP), Renault (RNO FP), VW (VOW GR), Nissan (7201 JT), Mitsubishi Motors (7211 JT), Hoya Corp (7741 JT), Dexerials (4980 JT), Fanuc (6954 JT), Yaskawa Electric (6506 JT), Komatsu (6301 JT), HCM (6305 JT)
Main Points
• Split market as M&A offsets BoJ ETF lending story
• Order backlog at Lasertec continues to grow
• Hitachi in big earnings miss
• Hitachi, Honda in sizable auto parts tie-up
• Sony delivers another 10%+ OPM quarter
• Fiat Chrysler and Peugeot considering merger
• Hoya Corp and Dexerials post a strong Q2
• Fanuc firms
• Komatsu lowers FY19 OP guidance by
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.