I would like to pay attention to the following 3 points in the pre-market transaction on the 24th.

■The stance of high-tech stocks is aimed at boosting

■Tsuruha HD, 24/5 operating profit up 8.0% to 49.2 billion yen, 25/5 forecast 8.7% increase 53.5 billion yen

■Notable materials on the front floor: Iseki agricultural machinery, expansion of orders in Europe, expansion of biofuel lawnmowers

■The stance of high-tech stocks is aimed at boosting

The Japanese stock market on the 24th is likely to have such a strong impression. In the US market on the 21st, the NY Dow was 15 dollars higher and the NASDAQ was 32 points lower. While sales with adjusted holdings came out due to triple witching, where maturity dates related to US stocks are concentrated, purchases into stocks etc. with a sense of delay supported it. The fact that semiconductors NVIDIA and Micron Technology were sold following the day before on NASDAQ became significant. The Chicago Nikkei Average futures are 38475 yen, 125 yen lower than Osaka during the day. The yen exchange rate has been hovering in the range of 159 yen to 70 yen per dollar.

It seems that sales will take a slight lead since they look like they are moving towards Chicago futures. Nikkei 225 futures were temporarily sold up to 38350 yen during the night session and then bought back up to 38600 yen, but sales became dominant towards the end of the market, and the transaction was closed at 38490 yen. Profit determination sales tend to enter East Elec ＜8035＞, Advantest ＜6857＞, etc., which have a large index impact due to NVIDIA's decline, and it seems that it will be a burden on the Nikkei Stock Average.

Nikkei 225 futures continue to move in a narrow range between the Bollinger Bands -1σ and the 25th line, and it is thought that major trends are unlikely to occur. However, it is thought that US high-tech stocks had a big impact on the supply and demand side due to triple witching, and since there is a possibility that they will move towards a buyback movement due to the passing of the event, it seems that they will move towards a stance aimed at push. Also, in the exchange market, there was a scene where the dollar yen once again approached the 1 dollar = 160 yen range, but since there is a possibility that intervention observations by the Bank of Japan will intensify, it seems that it will be difficult to handle export-related searches using depreciation of the yen as a clue.

Also, since Arm Holdings will be included in the NASDAQ 100 Index from the 24th, it would be easier for speculative funds to go to SoftBank G ＜9984＞. Even if it starts ahead of sale, it is thought that there is a strong desire to buy with the aim of waiting for a push into high-tech stocks, and there seems to be a possibility that it will underpin the Nikkei Average. Also, in the US, in response to the results of current economic indicators, expectations for interest rate cuts by the US Federal Reserve (Fed) are increasing in addition to the solidity of the US economy and slowing inflation. Although this feeling is getting stronger, let's make it difficult to set up sales.

■Tsuruha HD, 24/5 operating profit up 8.0% to 49.2 billion yen, 25/5 forecast 8.7% increase 53.5 billion yen

The financial results for the fiscal year ending 2024/5 announced by Tsuruha HD (3391) were sales of 1.27.462 billion yen, up 5.9% from the previous fiscal year, and operating profit of 49.25 billion yen, up 8% from the same period. In the drugstore industry, sales are growing mainly for cosmetics and food products due to the return of human flow due to the calming down of the coronavirus, recovery in inbound demand, and price increase effects. As for the financial results for the fiscal year ending 2025/5, we plan that sales will increase 5.1% from the previous fiscal year to 1.8 trillion yen, and operating profit will increase 8.7% to 53.5 billion yen.

■Notable materials from the front

・The NY Dow rose (39150.33, +15.57)

・1 dollar = 159.70-80 yen

・The VIX Index declined (13.20, -0.08)

・Expectations that US inflation will calm down

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

・Iseki agricultural machinery ＜6310＞ expands orders in Europe, expands biofuel lawnmowers

・Hitachi ＜6501＞ two-person coat robot, for imitation learning, long arm

・Panasonic HD ＜6752＞Pana Industry increases aluminum capacitor production by 2.5 times in 28 years

・Nissan's (7201) plant closed in Changzhou, China, sluggish sales, and optimized capacity

・SoftBank G ＜9984＞ aims for a new market for “artificial superintelligence”

・Hitachi ＜6501＞ generative AI service expanded to become a new growth engine

・Nishimatsu Construction ＜1820＞ Okumura Group and Singapore Metro received a tunnel construction order, 28.1 billion yen

・Transfer of all shares held by Shiseido ＜4911＞ Fine Today to European funds

・Toyo Seikan GHD ＜5901＞Toyo Seikan is a new company in Sweden to manufacture and sell exterior materials for automotive batteries with TOPPAN

・Mitsubishi's own ＜7211＞ President Takao Kato “rivals Chinese EVs”

・East Asia DK＜6848＞New plant in Sayama, Saitama, shortens time for analytical measurement mass production

・Meidensha ＜6508＞Seraphane film for seawater desalination, demonstrated in Singapore

・Mitsubishi Heavy ＜7011＞ escort ship “Agano” handed over to the Ministry of Defense

・Anritsu ＜6754＞ President Hamada Koichi reverses general-purpose measuring instruments

・Hitachi Construction Equipment ＜6305＞relay transportation between Kanto and Kansai, reducing driver load

・NEC ＜6701＞ management decision support tool released, supply and demand adjustments based on price

・Ricoh ＜7752＞ laser light source/lens interchangeable DLP projector

・Collaboration with Sato Shoji ＜8065＞ Fujikoshi to expand sales of robots for printed circuit boards

・Taisei Corporation ＜1801＞ 3 themes such as new concepts for resort development, environmental protection, etc.

・Mitsubishi Steel ＜5632＞ German subsidiary bankruptcy petition, car spring production, sluggish performance

・A large silo was added to Taiheiyo Cement ＜5233＞ rice, and materials for mixing were stored

・KH Neochem ＜4189＞butyl acetate price increase next month

☆ Front office event schedule

＜Domestic＞

・ 08:50 Key Opinions at the Bank of Japan Monetary Policy Meeting (6/13-14)

＜Overseas＞

・ 07:45 NZ · May trade balance (April: +901 billion NZ dollars)