PSA Today Sept 11: Decent Day / Rohm's Aug Sales / Daikin Hits Record High / IHI Up 7 Days in a Row / Altaba Selling its Yahoo Japan Stake - Nikkei +0.30%
Japan Market Comment by Pelham Smithers, William Nestuk and Thao NguyenNikkei ¥22,664.69 (+¥291.60 / +0.30%); Topix ¥1,698.91 (+¥11.30 / +0.67%); ¥/$111.44
Tags: SanBio (4592 JP), Vital KSK Holdings (3151 JP), Daiichi Sankyo (4568 JP), Renesas (6723 JP), Integrated Device Technology (IDTI US), Sanix Inc (4651 JP), Renova Inc (9519 JP), Rohm (6963 JP), Apple (AAPL US), Daikin (6367 JP), IHI (7013 JP), MHI (7011 JP), KHI (7012 JP), Altaba Inc. (AABA US), Yahoo Japan (4689 JP), SoftBank (9984 JP), Google (GOOGL US), LINE (3938 JP), Rakuten (4755 JP), Mercari (4385 JP)
Main Points at a Glance
• Decent day
• Rohm August sales in positive territory again
• Daikin hits record high
• IHI edge up for seventh straight day
• Altaba to sell its entire stake in Yahoo Japan
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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