Report

PSA Today Sep 6: Mixed market, Nikkei 225 rebases/Facebook's music video deal/WDC's offer to Toshiba/ Nissan Leaf new launch/ Harvey and petrochemicals/Komatsu, Denso, Aisin Seiki, Daikin -Nikkei-0.14%

Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and William Nestuk
Nikkei ¥19,357.97 (-¥27.84 / -0.14%); Topix ¥1,592.00(+¥1.29 / +0.08%); ¥/$108.72
Tags: Facebook (FB US), Sony (6758), Google (GOOG US), Toshiba (6502), Western Digital (WDC US), Hon Hai (2317 TT), SK Hynix (000660 KS), Apple (AAPL US), Nissan (7201), Tesla (TSLA US), Nippon Shokubai (4114), Mitsubishi Chemical Holdings (4188), Kuraray (3405), Komatsu (6301), Hitachi Construction Machinery (6305), NOK (7240), Denso (6902), Aisin Seiki (7259), Daikin (6367)

  • Market mixed despite adverse Wall Street, currency moves
  • Nikkei 225 rebasing effect on Recruit and CyberAgent
  • Facebook in music video deal move
  • WDC makes controversial offer to Toshiba
  • Nissan Leaf Launch: Many new exciting features, but EV drive doesn’t stand out
  • Harvey’s impact lingers on petrochemicals
  • Komatsu back above ¥3,000; Denso and Aisin Seiki price spread narrow again
  • The outlook for NOK’s Seals division continues to be good
  • Daikin suffers from the vagaries of the weather
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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