PSA Today Oct 7: Topix shrugs off US disappointing news / Eisai, eritoran and Covid / Hope Inc and power deregulation / Mercari Now in New York – Nikkei -0.05%
Japan Market Comment by Pelham Smithers, William Nestuk and Thao NguyenNikkei ¥23,422.82 (-¥10.91 / -0.05%); Topix ¥1,646.47 (+¥0.72 / +0.04%); ¥/$105.73
Tags: NTT (9432 JT), NTT Docomo (9437 JT), Nintendo (7974 JT), Sony (6758 JT), Cyberdyne (7779 JT), GA Technologies (3491 JT), KE Holdings (BEKE US), Mercari (4385 JT), BASE Inc (4477 JT), Aomori Bank (8342 JT), Bengo4.com (6027 JT), Medley (4480 JT), Eisai (4523 JT), Chugai Pharmaceutical (4519 JT), Hope Inc (6195 JT), KDDI (9433 JT), SoftBank Corp (9434 JT), Tokyo Electric Power (9501 JT)
Main Points
• Topix shrugs off US stimulus disappointment to close slightly up
• Eisai to trial eritoran for use against Covid
• Hope Inc – Beneficiary of power deregulation
• Nabtesco rises above ¥3,900
• Mercari launches Mercari Now in New York
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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