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

Equity Bottom-Up

<p>As was made clear in the latest ¥400 billion shelf filing, <a href="https://www.smartkarma.com/entities/222" target="_blank" data-smartkarma-citation="entities:222:1">Panasonic</a> is going ahead with the commitment to invest US$1.6 billion in <a href="https://www.smartkarma.com/entities/20279" target="_blank" data-smartkarma-citation="entities:20279:1">Tesla</a>'s Arizona plant, to make batteries for the Model 3, and is obviously paying for the investment itself. However, aside from all the Tesla 2Q 16 10-Q issues raised in  <a href="https://www.smartkarma.com/insights/tesla-q2-2016-losses-accelerating-more-questions" target="_blank" data-smartkarma-citation="insights:5069">Tesla Q2 2016 : Losses Accelerating , More Questions ?</a> a wording change to Tesla's 10-Q filing from previous versions also makes interesting reading. The latest one suggests that Panasonic's…</p>

As was made clear in the latest ¥400 billion shelf filing, Panasonic is going ahead with the commitment to invest US$1.6 billion in Tesla's Arizona plant, to make batteries for the Model 3, and is obviously paying for the investment itself. However, aside from all the Tesla 2Q 16 10-Q issues raised in  Tesla Q2 2016 : Losses Accelerating , More Questions ? a wording change to Tesla's 10-Q filing from previous versions also makes interesting reading. The latest one suggests that Panasonic's…

Tesla

More Positives for Panasonic Vs Tesla