PSA Today Sep 25: Strong yen plays supportive / Zenrin's interesting SoftBank, Didi tie-up / Nexon's Park / Oracle Japan's FY19 Q1 – Nikkei -0.36%
Japan Market Comment by Pelham Smithers, Thao Nguyen and Lindsay WhippNikkei ¥22,020.15 (-¥78.69 / -0.36%); Topix ¥1,620.08 (-¥2.86 / -0.18%); ¥/$107.36
Tags: Eisai (4523 JT), Digital Garage (4819 JT), SBI Holdings (8473 JT), Nintendo (7974 JT), Zenrin (9474 JT), SoftBank Group (9984 JT), Didi Chuxing (pvt.), Nissan (7201 JT), Google (GOOG US), MapBox (pvt.), Uber (UBER US), Yahoo Japan (4689 JT), Komatsu (6301 JT), Amazon (AMZN US), Nexon (3659 JT), Oracle Japan (4716 JT)
Main Points
• Damage limitation as strong yen plays support market
• Zenrin in SoftBank / Didi tie-up
• Nexon loses a key executive
• Oracle Japan disappoints in FY19 Q1
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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