Report

PSA Today Sep 4: North Korea escalation/ Ryobi's power business and Kyocera/Sony and Indian cricket rights/Spotify to IPO?/are MMA markets sustainable? -Nikkei -0.93%

Japan Market Comment by Pelham Smithers and Joel Scheiman
Nikkei ¥19,508.25(-¥183.22 / -0.93%); Topix ¥1,603.55 (-¥16.04 / -0.99%); ¥/$109.78
Tags: Ryobi (5851), Makita (6586), Max 6454), Kyocera (6971), Hitachi (6501), Robert Bosch, Sony (6758), Amazon (AMZN US), Warner Records, Spotify, Sony Music, YouTube, Alphabet (GOOG US), Nissan Chemical (4021), Mitsubishi Chemical Holdings (4188), Evonik Industries (EVK GY), Dow Chemical, Unigel, Sumitomo Chemical (4005)

  • Market lower on North Korea escalation but a Black Swan event is not priced for
  • Kyocera seen as buyer of Ryobi power tool business
  • Sony seen bidding for Indian cricket rights to go with IPL
  • Spotify IPO on cards as all three music majors sign deals
  • Fine vs. commodity chemicals – are MMA markets sustainable?
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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