PSA Today Sept 18: 300-pt Rally / iPhone XS Preorders Weak, Apple Watch Numbers Encouraging / Shadow of Tomb Raider, SQE / Hino, Traton, Isuzu and e-Mobility / Ohara Revises Up Again/ Start Today Founder Heads for Moon – Nikkei +1.41%
Japan Market Comment by Pelham SmithersNikkei ¥23,420.54 (+¥325.87 / +1.41%); Topix ¥1,759.88 (+¥31.27 / +1.81%); ¥/$111.97
Tags: Apple (AAPL US), Alps (6770 JP), Murata (6981 JP), Square Enix (9684 JP), Microsoft (MSFT US), Hino (7205 JP), VW (VOW GR), AB Volvo (VOLVB SS), Daimler (DAI GR), BYD (1211 HK), Yamato Holdings (9064 JP), Seven & I Holdings (3382 JP), Tesla (TSLA US), Ikea (priv.), Isuzu (7202 JP), Ohara Inc (5218 JP), Canon (7751 JP), Start Today (3092 JP)
Main Points at a Glance
• 300-point rally on Nikkei 225
• iPhone XS pre-orders weak
• Shadow of Tomb Raider’s UK sales mixed
• Hino speeds up cooperation with VW trucks; what about Isuzu?
• Ohara Revises up a second time
• Start Today falls as founder announces trip to the moon
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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