＜7012＞ Kawasaki Shigeru 5792 +108
Significant continued growth. At Okasan Securities, investment decisions continued to be “bullish,” and the target stock price was raised from 6600 yen to 8400 yen. The company's projected business profit of 130 billion yen for the fiscal year ending 25/3 is at a level that drastically updates the record high of 95.9 billion yen, but it is determined that there is a high possibility that it will be achieved. As visibility increases to achieve a business profit margin of 8% by 2027 and 10% or more by 2030, I would like to keep in mind the possibility that stock prices will develop aiming for a high price of 12,400 yen since listing.
＜7408＞ JAMCO 1428 -44
The sharp decline continued. It is a brand that is highly positioned as aircraft-related, and it seems that the fall in US Boeing's stock price today is leading to sales material. It is reported that CFO Brian made it clear that Boeing's 2024 free cash flow is expected to fall into the red. The background also seems to be that the number of units delivered for the small “737MAX” and the mid-size “787” is decreasing. The stock price fell sharply by 7.5% in the US stock market the day before.
＜1518＞ Mitsui Matsushima HD 4560 -260
The sharp decline continued. According to the change report submitted the day before, it became clear that the joint ownership ratio of City Index Eleven dropped from the previous 28.96% to 28.03%. The mass ownership report on 5/13 revealed 6.97% ownership, and after that, stock prices skyrocketed, and the holding ratio also rose significantly in a short period of time, but due to the current decline in the holding ratio, it seems that it has completely reversed and future deterioration in supply and demand is being feared.
＜8227＞ Shimamura 7582 +12
fight. Monthly trends for May were announced the day before. Existing store sales increased 5.7% from the same month last year, showing positive growth for 7 consecutive months. In addition to the same 3.5% increase in the number of customers, the customer unit price also rose 1.9%. It seems that sales of both outerwear and practical goods are increasing due to the fact that the major holidays were blessed with good weather and the launch of Mother's Day. However, in comparison with the 6.3% increase in sales in the previous month, the growth rate has also slowed, and the positive response from stock prices has remained limited.
＜3465＞ KI Star 3395 +180
Massive backlash. The day before, it was announced that treasury stock would be repurchased. The acquisition limit is 400,000 shares, which is 2.54% of the number of issued shares, and 1 billion yen, and the acquisition period is from 5/24 to 7/30. In addition to returning profits to shareholders, it is intended to be used as shares issued in connection with the performance-linked stock reward system for executives and the stock benefit trust system for employees introduced as incentives. While stock prices are in the low range, we expect a short-term boosting effect in terms of supply and demand.
＜4911＞ Shiseido 5018 +203
Significant continued growth. Mizuho Securities has upgraded investment decisions from “neutral” to “buy,” and the target stock price has also been raised from 4200 yen to 6000 yen. Recovery in regions such as Japan, China, and TR has been seen, and it is evaluated that global cost structure reform effects etc. have progressed more than expected, and that a reversal in performance has finally come into view. Operating profit for the fiscal year ending 12/24 is expected to be 62.8 billion yen, which exceeds the company plan of 55 billion yen, an increase of 57.8% from the previous fiscal year.
＜4631＞ DIC 3292 +121
Significant continued growth. Nomura Securities raised investment decisions from “neutral” to “buy,” and the target stock price was also raised from 3000 yen to 3700 yen. There is a possibility that competitors' supply capacity, sales power, etc. in the ink market have declined due to personnel cuts, and market share is continuously expanding in Europe, where market share is high, and it is determined that future profit growth is possible even for ink alone. The medium-term earnings forecast was revised upward, and operating profit for the fiscal year ending 26/12 was raised to 40.6 billion yen from the previous forecast of 33.4 billion yen.
＜3475＞ Goodcom A 678-113
Plummeting. A downward revision of the first half earnings forecast was announced the day before. Operating profit was lowered to 870 million yen from the previous forecast of 1.26 billion yen. The selection of sales destinations and the conclusion of sales contracts are progressing as expected, but in order to focus on sales under more favorable conditions, it was decided not to limit sales recording up to the 2nd quarter. Since the sales recording period is the main reason, the full-year forecast has been left unchanged, but the sense of uncertainty about the rapid recovery forecast seems to intensify slightly.
＜6504＞ Fuji Electric 8814 -1110
Plummeting. The mid-term plan for fiscal year 26 was announced the day before. An operating profit target of 140 billion yen etc. for the final year has been set, but the view that the growth rate remains slightly limited from results of 106.1 billion yen etc. for the fiscal year ending 24/3 seems to prevail. As a financial capital strategy, 90% of the estimated cash flow of 560 billion yen is allocated to growth investments. Shareholder returns are 83 billion yen, and it seems that the dividend payout ratio is 30% as a guide.
＜9936＞ Ohsho Hood 8900 +600
Massive backlash. It was announced that a 1:3 stock split will be implemented with 9/30 as the reference date, and since the stock price level per unit is high, it seems likely that expectations of improved liquidity due to the implementation of the split will increase. Also, shareholder benefits for shareholders at the end of March and the end of September will be substantially expanded by continuing to present preferential vouchers worth 2000 yen to shareholders of 100 shares or more even after the split.