<3491> GA TECH 1463 +38
Significantly rising for the third day. SBI Securities has continued to recommend a 'buy' rating, and has raised its target stock price from 4200 yen to 4400 yen (1425 yen as of the previous day's closing price). SBI has revised upwards its 24 October operating profit estimates to 4.06 billion yen from 4.02 billion yen, its 25 October operating profit estimates to 6.176 billion yen from 5.726 billion yen, and its 26 October operating profit estimates to 7.787 billion yen from 7.41 billion yen. In addition, it has disclosed that it has signed a loan agreement to provide Chiba Bank <8331> with 400 million yen through its 'Chiba Bank SDGs Leaders Loan'.
<5035> HOUSEI 499 +21
Strong rebound. They announced that they will start offering a pre-release version of their new service, the "Generating AI Low-Code Development Platform," starting July 1. They claim it can be used in conjunction with major Generating AI foundational models, allowing for the development of Generating AI applications without the need for advanced programming skills. An online presentation will be held on the 26th at 3pm to introduce the service overview and usage examples, limited to 100 attendees (first-come, first-served) with prior registration required.
<7676> Goodspeed 932 -104
Significantly falling for the third day. Usa Kotoyu (Tsushima City, Aichi Prefecture), which deals in petroleum products wholesale, among other things, has announced that it has entered into a capital business alliance agreement with Goodspeed, which allocates 1,764,800 new shares of Goodspeed, to be procured with funds raised through a third-party allotment of approximately JPY 1.477 billion, for the purpose of using them as input capital for automobile-related products. In addition, Usa Kotoyu has announced its second public tender offer (TOB) for Goodspeed. The tender offer price of 850 yen per share is being viewed as selling pressure, as it is lower than the previous day's closing price of 1036 yen.
<198A> Postpr<>ime 1030 +150
Limit up. Since its initial listing on the 20th, investment funds have continued to flow in. Its operating profit forecast for the 2024 fiscal year is 343 million yen, up 39.1% from the previous year. It operates a social networking service called 'Post Prime' for education purposes and expects profits to expand due to an increase in subscription registrations. Other newly listed stocks, such as WOLVES HAND <194A> and MFS <196A> (both listed on the 20th), as well as D&M Company <189A> (listed on the 11th), have surged, and it seems that recent initial public offering (IPO) stocks have been popular.
<4575> CANBAS 562 +80
Limit up with significant increases for 4 consecutive days. It has announced an estimated operating loss for the fiscal year ending June 2024 of JPY 1.363 billion (compared to an actual loss of JPY 0.965 billion in the previous year). Research and development costs have increased due to progress in preparing for phase 2b clinical trials of candidate antineoplastic compound CBP501 in the United States and for phase 3 clinical trials in Europe. Although the loss is expected to expand compared to the previous year, there seems to be a sense that selling pressures have been exhausted, and buying interest seems to be growing in response to the progress being made in preparing for clinical trials.
<7157> Life Net 1840 +204
Since listing, Ariake Capital (Chuo-ku, Tokyo), an investment management company, has a shareholding of 5.04% (4,047,100 shares) of the LifeNet Life Insurance Co., Ltd., which has become a buying opportunity based on the 5% rule according to the mass shareholding report. The obligation to report occurs on the 18th, and the purpose of shareholding is to make pure investment (for the purpose of operating based on an investment mandate contract) and to give advice and make important proposal activities to the management team as appropriate.