PSA Today Oct 9: Macro not encouraging / Nippon Shokubai and Sanyo Chemical / Yaskawa Q2: robotics recovery – Nikkei -0.12%
Japan Market Comment by Pelham Smithers, Joel Scheiman and William NestukNikkei ¥23,619.69 (-¥27.38/ -0.12%); Topix ¥1,647.38 (-¥8.09 / -0.49%); ¥/$105.93
Tags: GMO Financial Gate (4051 JT), GMO Media (6180 JT), GMO Research (3695 JT), Medley (4480 JT), Bengo4.com (6027 JT), Sansan (4443 JT), AI Inside (4488 JT), Seven & I Holdings (3382 JT), Capcom (9697 JT), Square Enix (9684 JT), Aeon Fantasy (4343 JT), NEC (6701 JT), Nippon Shokubai (4114 JT), Nippon Shokubai Europe N.V, Sanyo Chemical (4471 JT), Yaskawa Electric (6506 JT)
Main Points
• Weak household spending, wages data send Tokyo lower
• Nippon Shokubai’s revision hits Sanyo Chemical too
• Yaskawa Q2 comes ahead of Guidance / Consensus on Robotics Recovery
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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