<6963> ROHM 2200 +81.5
Significant rebound. Today, major electronic component stocks are generally showing strong movements, and there seems to be a spillover effect on the company as well. In addition, although SMBC Nikko Securities has lowered its target stock price from 3875 yen to 2600 yen, it continues to rate the stock as "1". On the valuation side, it is said to be at a low level in both historical and competitive comparisons, and with the increase in SiC, it is expected that performance will show signs of recovery from the bottom of March 2025.
<7581> Saizeriya 5770 +130
Significant continued rise. The monthly trend for June was announced the previous day. Same-store sales rose 31.9% from the same month of the previous year, marking the 32nd consecutive month of growth. The growth rate has exceeded 30% for the first time since February 2023. The number of customers increased by 24.7%, and the customer unit price also increased by 5.7% over the same period. The growth rate since the beginning of the second half of the year has been surpassing the first half results, and it seems to be leading to an awareness of an upward revision of the full-year performance forecast.
<6418> Nikkin Seni 1246 -100
Significant continued decline with the largest drop in the decline rate. The Bank of Japan has begun issuing new banknotes from today. It seems that the redesign of the paper money called 'kosatsu' has been renewed for the first time in 20 years since 2004. The company, which handles paper money identification machines, was expected to have a surge in demand due to the issuance of new paper money, so the situation seems to be one of material exhaustion for the time being. It seems that ATMs at more than 90% of financial institutions and cash registers at 80-90% of supermarkets and convenience stores were ready to handle the new paper money as of the end of June.
<7267> Honda 1738.5 +3.5
Small rebound. It has been reported that four major insurance companies, including Tokio Marine Group, are planning to sell shares of the company worth 500 billion yen, and the market has been selling off shares since yesterday's close due to concerns about short-term supply and demand. The company is considering various capital policies, including the sale report, but has not yet made any decisions. By the way, in May, it announced the implementation of share buybacks worth up to 300 billion yen.
<6469> Houden Seimitsu 1324 -158
Sharp drop. The company announced its first quarter results the previous day, and operating profit improved by 100 million yen from the same period of the previous year to 8 million yen, exceeding the first half plan. In the main discharge machining and surface treatment, it seems that the production volume of aircraft engine parts for aviation and space related industries has increased due to the recovery of passenger demand. However, the progress rate for the full-year plan of 370 million yen remained at 21.2%, and this led to a short-term exhaustion feeling as expectations for earnings prevailed the previous day.
<5471> Daito Steel 1478 -18.5
Sharp drop. Daiwa Securities has downgraded its investment rating from "2" to "3" and lowered its target stock price from 1800 yen to 1600 yen. The improvement in profitability due to the shift to high value-added products has been reflected in the stock price, and attention is focused on whether initiatives to improve capital efficiency through such measures as expanding shareholder returns will be strengthened, in addition to earnings trends, including the expansion of sales of stainless steel for semiconductor equipment and recovery of sales volumes of special steel.
<5480> Yakin Kogyo 5170 +520
Sharp rise. Daiwa Securities has upgraded its investment rating from "3" to "2" and raised its target stock price from 4300 yen to 5600 yen. In the domestic nickel-based stainless steel industry, where restructuring has made progress, it has become easier to control sales prices, and in addition to good fundamentals, the valuation indicators such as PBR level and total return yield show undervaluation. The total return amount per share for the March 2025 period is assumed to be 360 yen, and the total return yield is equivalent to 7.8%.
<3774> IIJ 2507.5 +120
Markedly up. Jefferies Securities raised its investment rating from Hold to Buy and set a target stock price of 2870 yen. It is believed that concerns about the impact of price increases by VMware will be maximum in the first quarter of the fiscal year ending March 25th, and the concern has already been priced into the stock price. The estimated P/E ratio for the fiscal year ending March 2026 is 21.5 times, and it seems to be considered cheap compared to the sector average. It is also expected that operating profit for the fiscal year ending March 2026 will increase by 21% year-on-year to 358 billion yen.
<9983> Fast Retailing 41950 +570
Significantly increasing. Monthly trends for June announced the previous day. Same-store sales increased by 14.9% compared to the same month last year, with revenue growth for the third consecutive month and double-digit growth for the first time in two months. Customer traffic increased 8.1% and customer unit prices also rose 6.3%. In addition to hot sales of summer products due to weather conditions and campaigns, new products that capture trends are also selling well. Sales in June are expected to increase for other clothing specialty stores due to temperature effects.
<3498> Kasumigaseki Capital 16210 +3000
Limit up. The third-quarter earnings were announced the previous day, and cumulative operating profits increased 3.5 times compared to the same period last year to 3.64 billion yen, with an even wider profit margin expansion from the 38.5% increase in the first half. Logistics, hotel-related markets, and healthcare businesses are progressing well. While the progress rate is only 42.9% against the full-year plan of 8.5 billion yen, it is straightly evaluated as a significant increase in profits due to the fact that sales are easy to be concentrated in the fourth quarter and inventory assets are steadily expanding.