I would like to pay attention to the following 3 points in the 10-day advance transaction.

■Taking a stance aimed at boosting high-tech stocks

■AEON Delay's 1Q operating profit down 5.2% to 3.267 billion yen

■Notable materials on the front floor: Mitsubishi Electric explores business potential by providing demonstrations and experiences with remote-controlled robots this summer

■Taking a stance aimed at boosting high-tech stocks

The Japanese stock market on the 10th is likely to be aware of its solidity while the market price developed with a profit advantage. In the US market on the 9th, the NY Dow depreciated by 52 dollars and the NASDAQ was 25 points higher. While expectations for early interest rate cuts are rising due to congressional testimony of US Federal Reserve (Fed) Chairman Powell, the NY Dow turned to a decline because recent data mentioned that economic and labor market decelerations can be seen. High-tech purchases continued on the NASDAQ, and it hit a record high for 6 consecutive days. The Chicago Nikkei 225 futures settlement price is 41,515 yen, 105 yen lower than Osaka. The yen exchange rate has been hovering in the 161 yen 30 yen range per dollar.

It seems that it will start slightly ahead of time, taking advantage of the shape of falling in favor of Chicago futures. The NASDAQ index continued to grow for 6 days and hit a daily high, and values with a large index impact are likely to be support material for high-tech stocks. However, NVIDIA continued to grow, but since there were mixed developments, such as Arm Holdings falling, the impact seems to be limited.

The Nikkei Stock Average rose drastically the day before, making it easy to be wary of a sense of overheating, and it would be easy for profit-making sales to enter. However, there was awareness that Nikkei 225 futures were solid around 41,460 yen during the night session. It is thought that there is a strong desire to buy while waiting for a push. Also, today's passive ETF will be settled, and since distributions will be generated, it is expected that sales demand will occur in spot and futures. However, the impact at the time of settlement on the 8th was limited, and there seems to be a possibility that it will be an opportunity for push buying in a phase where sales demand declines.

While being cautious about price increases due to the effects of sales demand, I would like to assume developments where entry timing will be raised in terms of aggressive buying methods if it seems to be a market development where solidity is taken into consideration. There are times when they are preparing for option SQ on the weekend, and it seems that movements to support hedging will also become active. As for shopping, it seems that they will move towards a stance aimed at boosting high-tech stocks. Also, financial results for major banks are scheduled to be announced in the United States over the weekend, and it seems that people will also be aware of movements that will catch the attention of megabanks.

■AEON Delay's 1Q operating profit down 5.2% to 3.267 billion yen

The first quarter results for the fiscal year ending 2025/2 announced by AEON Delay ＜9787＞ were sales of 81.121 billion yen, up 2.5% from the same period last year, and operating profit of 3.267 billion yen, down 5.2% from the same period last year. As for sales, in addition to the expansion of market share within customers and the increase in newly contracted properties, while rising labor costs are an issue in facility management businesses such as equipment management, security, and cleaning, unit price reviews through negotiations with customers that have been focused on since the previous fiscal year were successful. Operating profit declined due mainly to a further increase in labor costs and a decrease in profit in the two security and cleaning businesses. The financial results for the fiscal year ending 2025/2 remain unchanged, with sales rising 4.7% from the previous fiscal year to 340 billion yen, and operating profit rising 5% to 16 billion yen.

■Notable materials from the front

・The Nikkei Average rose (41580.17, +799.47)

・The Nasdaq Composite Index rose (18429.29, +25.55)

・1 dollar = 161.20-30 yen

・Expectations that US inflation will calm down

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

・Toyota's own ＜7203＞ mold storage policy, mass production ended 15 years ago, and re-discussed abolition and continuation

・Mitsubishi Electric ＜6503＞ Remote-Controlled Robots Will Provide Demonstrations and Experiences This Summer to Explore Business

・Honda's ＜7267＞ Thai car plant consolidation to reduce annual production capacity by 55% next year

・Sharp ＜6753＞ built a semiconductor post-processing line at the Mie Plant and agreed with Aoi Electronics

・NEC ＜6701＞ Partnered with SoftBank in the field of biometrics and proposed to local governments

・Oriental Land ＜4661＞ “Disney Cruise” service commences in fiscal year 28

・JCU ＜4975＞ Kumamoto has fully automated production facilities to improve competitiveness of surface treatment agents for semiconductors

・ITOCHU ＜8001＞ develops hydrogen fuel cell engines for aircraft and invests in a US company

・Nippon Ham ＜2282＞agreement with JA Zenno to promote sustainable livestock farming

・Panasonic HD (6752) acquires Polish company and strengthens refrigerator production in Europe

・Fujitsu ＜6702＞ announces the possibility of customer information leakage

・Demonstration of CO2 reuse technology at Mitsubishi Heavy Industries ＜7011＞ Mittal Steel Works

・Expanding sales of Fujikoshi ＜6474＞ corrosion-resistant bearings and increasing the degree of freedom in EV design

・Japan Steel Works ＜5631＞electrification of rubber injection molding machines

・Topcon ＜7732＞ launches 3D scanners, etc. and automates them, making it easy for anyone

・ShinMaywa Industries ＜7224＞Large submersible pump inspection facility at Ono Plant

・Japan Signal ＜6741＞Adopted by JR West for maintenance of multi-functional heavy railway equipment and railway equipment

・TDK＜6762＞ automotive common mode noise filter reduces capacitance in communication circuits

・Humidity sensor compatible with Infocom ＜4348＞ “data watch”

・Maxell ＜6810＞ President Keiji Nakamura “Leading with All Solids”

・Shimizu Corporation ＜1803＞ enhances the strength and durability of steel bars, and obtains certification under a new construction method

・Mitsui Fudosan ＜8801＞ participated in the development of a high-rise building in Australia, the largest in central Sydney

・Noritake Co., Ltd. (5331) develops porous components to directly adsorb and recover CO2

・IDEMY ＜5577＞ established a council for green human resource development with digital grids, etc.

☆ Front office event schedule

＜Domestic＞

・ 08:50 June Domestic Corporate Goods Price Index (year-on-year forecast: +2.9%, May: +2.4%)

・ 10:10 BOJ Bond Purchase Operation Notice

＜Overseas＞

・ 10:30 Mid-June Consumer Price Index (year-on-year forecast: +0.4%, May: +0.3%)

・ 10:30 Mid-June Producer Price Index (year-on-year forecast: -0.8%, May: -1.4%)

・ 11:00 NZ Reserve Bank announces policy interest rate (forecast unchanged at 5.50%)