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>Despite reporting eye-catching Q1 FY16 figures on July 28,<strong><a href="https://www.smartkarma.com/entities/19603" target="_blank" data-smartkarma-citation="entities:19603:1">Yahoo Japan</a> share price has since then been on a downward trend</strong>. The total domestic e-commerce transaction value (TV) rose 38.2% YoY to reach ¥430.0bil while revenues expanded 84.7% YoY to cross over ¥204bil in Q1. Although much of the top-line growth got caught up in expenses, OP still increased 3.5% from a year ago. As a comparison, over the same period rival <a href="https://www.smartkarma.com/entities/31" target="_blank" data-smartkarma-citation="entities:31:1">Rakuten </a>only saw YoY increases of 10.9% and 8.9% in domestic e-commerce TV and…</p>

Despite reporting eye-catching Q1 FY16 figures on July 28,Yahoo Japan share price has since then been on a downward trend. The total domestic e-commerce transaction value (TV) rose 38.2% YoY to reach ¥430.0bil while revenues expanded 84.7% YoY to cross over ¥204bil in Q1. Although much of the top-line growth got caught up in expenses, OP still increased 3.5% from a year ago. As a comparison, over the same period rival Rakuten only saw YoY increases of 10.9% and 8.9% in domestic e-commerce TV and…

Rakuten and Yahoo Japan: Leaving the Past Behind