PSA Today Sep 7: Two-way market continues / SoftBank considered / KDDI to list Soracom? / China and fuel cells / Mercari and NTT Docomo's QR code share - Nikkei -0.50%
Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, and Thao NguyenNikkei ¥23,089.95 (-¥115.48 / -0.50%); Topix ¥1,609.74 (-¥6.86 / -0.42%); ¥/$106.18
Tags: JAL (9201 JT), Nippon Steel (5401 JT), Oriental Land (4661 JT), SoftBank Group (9984 JT), Tokyo Electron (8035 JT), Dentsu (4324 JT), Michinoku Bank (8350 JT), Aomori Bank (8342 JT), SBI Holdings (8473 JT), Fukushima Bank (8562 JT), Asahi Kasei (3407), Berkshire Hathaway (BRK/B US), Uber (UBER US), WeWork, Z Holdings (4689 JT), ZOZO (3092 JT), LINE (3938 JT) , SoftBank Corp (9434 JT), TikTok, Supercell, GungHo Online Entertainment (3765 JT), KDDI (9433 JT), Toyota (7203 JT), Mercari (4385 JT), NTT DOCOMO (9437 JT)
Main Points
· Topix declines as two-way pro-cyclical anti-tech market continues
· SoftBank back to doing what it does best?
· KDDI to list Soracom?
· Additional support for China’s fuel cell vehicle developers announced
· Shared Merpay and d Barai QR code started today
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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