＜3896＞ Awa Paper 564 +80

The stop is high. The formulation of a new medium-term management plan for fiscal year 24 and fiscal year 25 was announced the day before. The target is sales of 21.3 billion yen for the fiscal year ending 26/3 (forecast 17.6 billion yen for the fiscal year ending 25/3) and operating profit of 700 million yen (270 million yen). It seems that sales of water treatment-related materials, general industrial materials, etc. are expected to expand. It is a move to look positively at the high profit growth outlook for the next fiscal year. Furthermore, as a medium-term vision, we target operating income of 2.3 billion yen for the fiscal year ending 29/3.

＜7906＞ Yonex 1666 +153

rapid expansion. Ichiyoshi Securities has started coverage, and the rating is “A” and the target stock price is 2000 yen. The high degree of dependence on badminton for China has been viewed as a warning material, but as an actual situation, it was pointed out that demand has remained steady since sports promotion in the country's government's joint wealth policy. The US market can also be expected to grow rapidly in the future as market share rises, and it is also prepared for long-term growth in the Indian market, which has a large participating population.

＜1419＞ Tama Home 4075 -445

The sharp decline continued. Today is the date of loss of dividend rights for companies with financial results in May. A year-end lump-sum dividend of 185 yen was planned for dividends for the fiscal year ending 24/5, and the dividend yield based on the previous day's closing price was at a high level of 4.1%. While there is a strong sense of caution against current business results from the situation up to the 3rd quarter, it seems that the movement of disposal sales due to loss of rights has intensified. Also, at the end of May, shareholders holding 100 shares or more will also receive 500 yen worth of Quocards (1000 yen worth of holding for 3 years or more) as shareholder benefits.

＜6675＞ SAXA 2487 -220

The sharp decline continued. Along with the announcement of the medium-term plan the day before, performance guidance for the fiscal year ending 25/3, which had been undecided, was announced. Operating income was 2.1 billion yen, which was expected to decrease drastically by 37.2% from the previous fiscal year, leading to sales materials. Also, a change in the dividend policy was announced, and the dividend payout ratio of 30% has been used as a guideline until now, but for the time being, it is said that the dividend will be 135 yen. Furthermore, operating income for the fiscal year ending 27/3 is expected to be 2.7 billion yen as a numerical target for the medium-term plan, and the actual value for the fiscal year ending 24/3 is at a level of 3.35 billion yen or less.

＜5726＞ Osaka Chita 2954 +202

Significant continued growth. Daiwa Securities continues to make investment decisions “1,” and has raised the target stock price from 4000 yen to 4800 yen. Stock prices are expected to rise in the future, reflecting expectations of price increases when long-term export contracts are renewed. The settlement of domestic price increase negotiations in fiscal year 24 and the formal decision to build a new sponge titanium plant are also expected to become catalysts. Also, it is said that the fact that the investment amount for the new sponge titanium plant will be suppressed to 30 billion yen will also recede concerns about financing.

＜6857＞ Advantes 5319 -346

A sharp decline. The main semiconductor-related stocks, which are at the top of the trading price, are generally being developed ahead of sale. The US stock market declined in response to a rise in long-term interest rates, and the SOX index also fell 1.8%, and the impact on domestic semiconductor-related matters spread. In response to the sluggish results of 7-year bond bidding and the Beige Book, US 10-year bond yields have risen to the 4.6% range, which seems to have led to sales materials centered on high-tech stocks.

＜6674＞ GS Yuasa 3225 +135

Massive backlash. SBI Securities continues to make investment decisions “buying,” and has raised the target stock price from 3300 yen to 4550 yen. It is evaluated that it will benefit the most from Honda's rapid expansion of HEV/BEV batteries in the future. Due to the drastic expansion of royalty revenue, it seems likely that operating profit of lithium-ion batteries will expand to about 50 billion yen from 2030 onwards, to an increase of about 10 times this fiscal year.

＜2215＞ First Pan 608 +25

Massive backlash. The transfer of fixed assets has been announced. Real estate for rent in Matsudo City, Chiba Prefecture will be sold on 5/31, and transfer gain of 1,365 billion yen is expected to be recorded as special profit. The reason for the transfer is to make effective use of management resources and strengthen the financial position. It seems that the funds raised through the sale will be used for future capital investments and improvements in financial position. Net profit for the fiscal year ending 24/12 was revised upward from the previous forecast of 270 million yen to 1.6 billion yen along with transfer gains.

＜6088＞ Sigmaxis 1388 +46

Massive backlash. An upward revision of earnings and dividend forecasts was announced the day before. Operating income for the fiscal year ending 25/3 was raised from the previous forecast of 5.05 billion yen to 5.25 billion yen, up 24.1% from the previous fiscal year. In addition to the accumulation of orders received in the first quarter progressing smoothly, it seems that SG&A expenses are also expected to decrease due to changes in the directors' system. It received an upward correction at an early stage, and a further upward trend is expected in the future. The annual dividend was also raised from the previous plan of 32 yen to 34 yen, an increase of 7 yen compared to the previous fiscal year.

＜9697＞ Capcom 2790.5 +60.5

Significant continued growth. SBI Securities also raised investment decisions from “neutral” to “buy,” and the target stock price was also raised from 3015 yen to 3640 yen. Operating profit for the fiscal year ending 25/3 is expected to be 65 billion yen, which exceeds the company plan of 64 billion yen, and 2-digit growth is expected to continue even after the fiscal year ending 26/3. There is a high possibility that “Monster Hunter Wilds” will be launched over the second half, and there is also a possibility that “Resident Evil: 5” will be released from the sales cycle, and it is attracting attention as a catalyst in the future.