PSA Today Oct 6: Eight days of decline, Kishida a factor / Takeda loses TAK-994 / Toyota and Mazda's new Alabama plant / Money Forward, a FY21 Q3 preview – Nikkei -1.05%
Japan Market Comment by Pelham Smithers, Julie Boote and Lindsay WhippTags: ANA Holdings (9202 JT), East Japan Railway (9020 JT), Takeda Pharmaceutical (4502 JT), Nissan Motor (7201 JT), Mitsubishi Motors (7211 JT), Daiichi Sankyo (4568 JT), Toyota Motor (7203 JT), Mazda (7261 JT), Daifuku (6383), Money Forward (3994 JT)
Main Points
• Market extends its losing streak to eight days on Kishida’s policy proposals
• Takeda loses TAK-994
• Toyota and Mazda start production at new Alabama plant
• Money Forward FY21 Q3 Preview: On track to beat full-year company guidance
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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