I would like to pay attention to the following 3 points in the pre-market transaction on the 28th.

■Aiming to push for high-value high-tech stocks

■dYDo widens 1Q operating loss deficit ▲611 million yen

■Notable materials from the front floor: FANUC, large wire EDM added, compatible with 500mm thick workpieces

■Aiming to push for high-value high-tech stocks

The Japanese stock market on the 28th is likely to have a solid market development even though it is at a stalemate. The US market on the 27th was closed for the Memorial Day holiday. The UK market is closed due to the Spring Bank holiday, and it seems that aggressive trading will be refrained today as market participants are limited. Chicago Nikkei 225 futures are 38950 yen (overtime), 20 yen higher than Osaka. The yen exchange rate has been hovering in the 156 yen 90 yen range per dollar.

The night session for Nikkei 225 futures showed slight price movements, but the trend was above the +1σ level of the Bollinger Bands on the 75th day line. While yesterday's Nikkei Stock Average was stuck, it had a strong development towards the end of the game, and it was off high. There is also a place where it is easy to be aware of reactionary depreciation, but amid solid price movements in the futures market, buying motivation to wait for a push seems strong, and in a phase where the stiffness of lower prices is conscious, it is thought to be a supply and demand situation where it is easy for sellers to buy back.

Yesterday, high tech stocks had a big impact on the index, and although high and low prices were mixed, East Electric (8035) had a slight decline. If people become aware of developments where high-tech stock purchases continue in the US market after the holidays, it is likely that it will also become a trend that invites buybacks to high-tech stocks. Therefore, it is likely that the intraday will unfold while watching trends such as Globex's NASDAQ 100 futures.

As for shopping, in addition to East Elec, in addition to high-tech stocks with high exponential impact, such as Advantest ＜6857＞ and Lasertech ＜6920＞, the search for stocks with 1 times PBR split, etc. intensified yesterday, such as shipping stocks. They would like to determine whether the search for undervalued stocks and sectors with a PBR split of 1 will continue. Furthermore, it has been reported that the Chinese government has received strengthened US regulations and has launched a new government-affiliated fund to support the semiconductor industry, and it seems that it will be speculation material for semiconductor stocks.

■dYDo widens 1Q operating loss deficit ▲611 million yen

The financial results for the first quarter of the fiscal year ending January 2025 announced by dYDo＜2590＞ were sales of 53.164 billion yen, up 12.9% from the same period last year, and operating profit and loss were in deficit of 600 million yen (deficit of 539 million yen in the same period last year). In the domestic beverage business, the vending machine market was affected by unfavorable weather and remained at a lower level than the previous year. The overseas beverage business increased both sales volume and sales unit price by flexibly implementing strategic pricing and sales promotion activities in the Turkish beverage business, which is the core.

■Notable materials from the front

・The Nikkei Average rose (38900.02, +253.91)

・1 dollar = 156.90-00 yen

・Nikkei futures traded at night in Osaka rose (38980, +50 compared to the Osaka intraday ratio)

・Expectations that US inflation will calm down

・Request for improvement of corporate value by the Tokyo Stock Exchange

・FANUC (6954) large wire EDM machine added, compatible with 500 mm thick workpieces

・Mitsubishi Heavy ＜7011＞4 companies, including Toyota, cooperate to promote decarbonized fuels, and aim to introduce it to the market around 30

・Blood vessel repair patches for heart disease with Teijin ＜3401＞ Fukui Keikan Kogyo etc. will be released next month

・Mitsui & Co. ＜8031＞Volta and others will recycle lithium batteries and establish a joint investment company

・Sumitomo Corporation ＜8053＞ sells remote control devices for construction machinery domestically and becomes the general agent for a Chinese company

・Mitsubishi Electric ＜6503＞Additional investment in the US Robo Shinko, strengthening FA software, etc.

・Nippatsu ＜5991＞ Mr. Kazuhisa Uemura strengthens production and order acceptance for electrification

・Hirano Tech Seed ＜6245＞ sales were 51 billion yen in fiscal year 27, expanding the supply of coating machines

・Overseas shipment of Mimaki Enji ＜6638＞ paper ink cartridges begins

・Anritsu ＜6754＞ commercial radio power measurement, power sensor

・Partnering with Chiyo Kaken ＜6366＞Kobata Instrument to remotely monitor analog instruments

・Avionics ＜6807＞ in-vehicle connector FPC compatible, contributing to increased battery capacity

・Nippon Chemi-Con ＜6997＞ in-vehicle capacitor expansion, 2 large capacity sizes added

・Sekisui ＜4204＞ Verification of durability of perovskite solar cells in Tokyo and at the port

・Miura Kogyo ＜6005＞ collaborates with Chubu Electric to develop an ammonia co-fired boiler

・GEI ＜9212＞ 3 companies, including Nippon Paper, joined SAF promotion groups and utilized domestic timber

・Toda Construction ＜1860＞Development of robots for mountain tunnels, automatic placement of concrete cladding

・Kumagai Group ＜1861＞ Mr. Makoto Ueda develops real estate and medium- to large-scale wooden structures

・Invest in the hydrogen/carbon cycle with Nippon Tokushu Ceramics ＜5334＞ Emerging Support Fund

・Members' ＜2130＞ sustainability information collection/analysis support, low code development utilization

・ADEKA ＜4401＞ semiconductor film deposition material development base in Korea

☆ Front office event schedule

＜Domestic＞

・Nothing in particular

＜Overseas＞

・ 10:30 Australian retail sales for April (month-on-month forecast: +0.2%, March: -0.4%)