PSA Today Sep 24: Profit-taking in a Covid market / Panasonic's Tesla headache / More good news for Toyota in China / Nitto Denko on optronics, life sciences / CyberAgent's Abema Impressive – Nikkei -1.08%
Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and Thao NguyenNikkei ¥23,087.82 (-¥258.67 / -1.11%); Topix ¥1,626.44 (-¥17.81 / -1.08%); ¥/$105.35
Tags: Sony (6758 JT), Toyota (7203 JT), Nintendo (7974 JT), SoftBank Group (9984 JT), Apple (AAPL US), Amazon (AMZN US), Mitsubishi UFJ Lease (8593 JT), Hitachi Capital (8586 JT), Hitachi (6501 JT), Mitsubishi Corp (8058 JT), Panasonic (6752 JT), Tesla (TSLA US), Ricoh (7752 JT), Nitto Denko (6988 JT), CyberAgent
Main Points
• Another Covid market, but bifurcation hampered by profit taking
• Panasonic’s Tesla problem
• More good news for Toyota in China
• Nitto Denko highlights optronics and life sciences
• CyberAgent’s ABEMA tops the overall grossing charts
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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