Japan TMT Analyst

Pelham Smithers

Market Intel on Asian Tech with a Japan focus

Pelham Smithers Associates

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. 

Research is provided by the following:
Pelham Smithers: Macro, consumer electronics, telecoms & pharma
Joel Scheiman: Electronics materials / components
Julie Boote: Autos
Will Nestuk: Capital goods, machinery & transportation equipment parts
Thao Nguyen: eCommerce, internet content, marketing & advertising

Thematic (Sector/Industry)

<p>Sell in May, go away and come back in November is an old (western) stock market adage, but since QE started making the rounds in Japan in 2003, a variation of this has taken hold. If at the start of September you bought Topix and sold it at the end of December, then through to December 2016, you would have made a 54% return. Conversely, had you bought and held Topix over that same period, you would have had a 51% return. In other words, all of the net return in the Japanese stock market is now…</p>

Sell in May, go away and come back in November is an old (western) stock market adage, but since QE started making the rounds in Japan in 2003, a variation of this has taken hold. If at the start of September you bought Topix and sold it at the end of December, then through to December 2016, you would have made a 54% return. Conversely, had you bought and held Topix over that same period, you would have had a 51% return. In other words, all of the net return in the Japanese stock market is now…

Japan Stock Market Strategy as We Head into the Last Third of the Year (Korea Permitting)