PSA Today (Sept 12): Tech Hardware Drags Market Lower / Small Speed Reducers – Nidec, Harmonic Drive Systems / Sumo's Weakness, Trade Issues / Sedans to Make a Comeback Says Nissan / ZOZOSUIT Review – Nikkei -0.27%
Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and Thao NguyenNikkei ¥22,604.61 (-¥60.08 / -0.27%); Topix ¥1,691.32 (-¥7.59 / -0.45%); ¥/$111.46
Tags: SoftBank (9984 JP), Altaba (AABA US), Yahoo Japan (4689 JP), Internetworking Broadband Co (3920 JP), Apple (AAPL US), TDK (6762 JP), Murata (6981 JP), Taiyo Yuden (6976 JP), Skyworks (SWKS US), Qorvo (QRVO US), Rohm (6963 JP), Pioneer (6773 JP), Helios Techno (6927 JP), Nidec (6594 JP), Harmonic Drive Systems (6324 JP), Nabtesco (6268 JP), Sumco (3436 JP), Nissan Motor (7201 JP), Ford (F US), General Motors (GM US), Fiat Chrysler (FXAU US), Toyota (7203 JP), Honda (7267 JP), Start Today (3092 JP)
Main Points at a Glance
• Market lower as tech hardware hit
• Market for small speed reducers
• Sumco’s weakness and trade issues
• Sedans Will Come Back, Says Nissan
• Start Today: ZOZOSUIT review
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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