Report

PSA Today Sep 19: Better Global Sentiment / Sosei Woes / Kansai EP's Dividend / The EV Supply Chain Invests/ Daikin / IHI – Nikkei +1.08%

Japan Market Comment by Pelham Smithers
Nikkei ¥23,672.52 (+¥251.98 / +1.08%); Topix ¥1,785.66 (+¥25.78 / +1.46%); ¥/$112.38
Tags: Apple (AAPL US), Skyworks (SWKS US), Murata (6981 JP), TDK (6762 JP), Samsung (005930 KS), Huawei (priv.), Qualcomm (QCOM US), Nokia (NOKIA FP), Sosei (4565 JP), Allergan (AGN US), AstraZeneca (AZN LN), Kansai Electric Power (9503 JP), Teijin (3401 JP), Continental Structural Plastics (priv. US), Qingdao Victall Railway (priv.), UACJ Corp (5741 JP), Ruyuan Dongyangguang UACJ Fine Aluminum Foil Co., Sekisui Plastics (4228 JP), Daikin (6367 JP), Fujitsu General (6755 JP), IHI (7013 JP)
Main Points at a Glance
• Tokyo moves higher as global sentiment improves
• Sosei dementia trial halted
• Kansai EP revives ¥50/shr dividend
• Material makers invest to supply EVs
• Daikin continues to post consecutive listing highs
• IHI posting new 3-year highs
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
Pelham Smithers

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