<2222> Shou Spirits 1837.5 +45
Significant rebound. At Daiwa Securities, a new investment rating of "2" and a target stock price of 2300 yen were set. Operating profit for the year ending March 25 exceeded the company's plan of 17.5 billion yen, reaching 18.6 billion yen, an increase of 18% from the previous year's level and anticipating continued record profits. We believe that there will be a high profit growth in the future due to new stores in good locations, increased inbound sales, increased production capacity due to new factory acquisition, and price transfer due to improved product value. In the medium term, updating the high of 2468 yen since listing is also expected.
<6091> Wesco HD 619 +27
Significant rebound. It announced third-quarter earnings on the previous day, with operating profit increasing 7.0% year-on-year to 780 million yen and a slowness in the growth rate from the same period of 13.9% in the first half but the progress rate towards the annual plan of 930 million yen is smooth at 83%. In addition, the acquisition of up to 600,000 shares or 450 million yen of treasury stock, which amounts to 4.06% of the issued shares, has been announced. The acquisition period is from June 13th to August 13th. There is also expectation of supporting the supply-demand side in the present situation.
<4503> Astellas Pharma 1506.5 -60.5
Significant continued decline. SMBC Nikko Securities has lowered its investment rating from "1" to "2" and lowered its target stock price from 2050 yen to 1700 yen. It seems that the factors behind the evaluation downgrade include the early entry of generic products of highly profitable Mirabetric and the growth of expenses such as selling, general and administrative expenses while the sales of new drugs are delaying. It is said that the shortage of late-stage development products for supporting growth after 2030 is another factor.
<3539> JMHD 2722 -100
Significant continued decline. It has announced its third-quarter results the day before. Cumulative operating profit increased by 32.7% compared to the same period of the previous year to 7.44 billion yen, and the progress rate towards the annual plan of 770 million yen, a 6.3% increase from the previous year, has reached 96.6%. However, there is no significant surprise from the trend up to the first half of the year, and the stock price is also in a high price range, indicating a situation where the sense of exhaustion in the short term is leading. Moreover, the content of shareholder benefits has been partially changed, and group product vouchers are added to the options for benefits.
<3141> Welcia HD 2006.5 -95.5
Significant continued decline. It announced its monthly trend for May on the previous day. The same-store sales increased by 0.4% year-on-year, marking the fifth consecutive month of growth, but the growth rate decreased from the previous month's 1.4% increase, leading to negative news. Although the unit price per customer increased by 1.2% year-on-year, the number of customers decreased by 0.8%. Sales in retail business remain sluggish. The same-store growth rate from March to May was 0.9%, which seems to be a trend below the company's plan of 3.9% increase.
<8771> E Guaranty 1337 +24
Significant rise. It announced its medium-term management plan, making the fiscal year ending March 28 the final year. The target for operating profit for the fiscal year ending March 28 is 100 billion yen (49 billion yen in fiscal year ending March 24), and the target for ROE, which was 15.3% in the fiscal year ending March 24, aims to exceed 20%. We plan to shift from stable growth requiring database development to accelerated growth through improved risk underwriting capacity and resource investment. With regard to shareholder returns, we are aiming for a dividend payout ratio of over 50% and continuous improvement in DOE.
<6309> Tomoe Kogyo 4840 +360
Significant growth. The company announced its first-half results the day before with an operating profit of 2.96 billion yen, a year-on-year increase of 43.4% and a high revenue growth rate that continued in the April-June quarter with 1.84 billion yen and 22.2% increase year-on-year. It appears that the sale of profitable components and repairs is expanding steadily in government, domestic, and overseas demand. The full-year plan has been upwardly revised from the conventional 4.18 billion yen to 4.54 billion yen, a 12.2% increase from the previous period, and optimism for further upward revisions is increasing due to the high progress rate.
<3923> RAKUS 1850.5 +80
Significant rebound. The company itself, SHIFT, Sansan, Money Forward, APPIER, and other representative small and medium-sized growth stocks rose one after another. The decline in long-term interest rates in the US, with 10-year JGB yields dropping to the 4.2% range, was viewed as a material. The US CPI for May, announced on the previous day, recorded a year-on-year increase rate of 3.3%, which was lower than the April level and the market's estimate of 3.4%. Also, the core index also decreased from 3.6% in the previous month to 3.4%, below the market estimate of 3.5%.
<3458> Seer Inc. 1413 +112
Marked rebound. The third quarter financial results were announced the day before. Cumulative operating profit was 1.19 billion yen, a decrease of 81.9% compared to the same period last year, and from February to April, it turned into a loss. However, the reason lies in the absence of property sales, and the company sees progress in line with its plans for each business. On the other hand, there is a positive response to the announcement of the special dividend. The initial plan was for an end-of-year dividend of 26 yen, but the special dividend of 24 yen will be implemented, increasing the dividend to 50 yen. The annual dividend will be 75 yen, an increase of 50 yen from the previous year.
<5032> ANYCOLOR 2864 +500
It hit the daily limit. The financial results for the April 2024 fiscal year and the implementation of a share buyback were announced the previous day. The repurchase of treasury stock amounts to 6.4% of the issued shares, or 4 million shares with a maximum of 7.5 billion yen. The acquisition period is from today until August 31. There is a movement to expect supply and demand impact from a relatively short period of high-level share buyback. In addition, the operating profit for the April 2024 fiscal year was 12.4 billion yen, an increase of 31.4% compared to the previous year, and almost on plan, and is expected to be 14.8 billion yen, an increase of 19.7% for the April 2025 fiscal year.