<6723> Renesas 2583.5 -407.5

Temporary stoppage. Today, the mid-year earnings report was released. Operating profit was 147.6 billion yen, a decrease of 33.1% compared to the same period last year, and 69.7 billion yen in the 4-6 month period, a 28.3% decrease. Even compared to the previous quarter, the gross profit margin decreased by 0.1% and earnings declined. The operating profit on a NON-GAAP basis for the 7-9 month period is expected to be 95.7 billion yen at the midpoint of sales revenue, which is below the actual figure of 110.6 billion yen for the 4-6 month period. Today, it is also influenced by the overall decline in semiconductor-related stocks.

<4684> Orbick 22240 +1160

Significant rebound. The first quarter earnings were announced yesterday, with operating profit increasing by 7.0% compared to the same period last year, reaching 18.6 billion yen. Although the progress rate is somewhat lower than the full-year target of 78 billion yen, the company is within its expected range. While system integration has struggled, system support has continued to grow strongly. It is expected that the surprise will be limited, but there is a sense that the stock price has been left behind since the last earnings announcement, and there is interest in defensive stocks in the midst of a general market decline, resulting in a predominantly positive response.

<6146> Disco 46850 -1950

Significant continued decline. Due to the significant decline in the US stock market and the appreciation of the yen in the foreign exchange market, the Tokyo market is showing a full-scale decline today. In particular, main semiconductor stocks such as the company, Renesas, and Advantest are showing their faces in the top ranks of decline rates. In the United States, Tesla has fallen 12% and Alphabet 5% due to the dislike of earnings, and sales have spread mainly to high-tech stocks, so Nvidia has also fallen 6.8% in semiconductors, and the SOX index has dropped significantly by 5.4%.

<4967> Kobayashi Pharmaceutical 5908 +258

Markedly continued rise. According to a large amount of reports submitted the previous day, it has been revealed that Oasis Management has become a major shareholder with a 5.20% shareholding. Its purpose of holding is to engage in portfolio investment and important proposal acts. This also seems to be a development that invites speculative buying, as it comes at the timing when the founder retired from the top management due to health damage issues regarding supplements containing 'red yeast rice' components.

<5250> Prime Strategy 1560 +79

Sharp rebound. David, the strategic AI, was announced to have been granted a patent in Japan. The patent is for an automatic high-speed display control method for web content. The server processing unit detects the request, the AI server develops a high-speed display strategy, and the data generated based on this strategy is automatically displayed on the user terminal to display web content at high speed. It seems that David has also received a patent assessment notification in the United States.

<3926> OpenDoor 770 +25

Significant continued growth. In the Tokyo foreign exchange market, the yen exchange rate against the dollar rose to the 152 yen level for the first time in about two and a half months. It seems that the expectation of a rate hike by the Bank of Japan has been increasing ahead of the monetary policy meeting at the end of the month. In response to the progress of the yen strengthening and the dollar weakening, stocks in sectors such as food, which are considered to benefit from the yen strengthening, have been bought. It seems that companies such as this are also attracting attention as yen benefit stocks.

<9629> PCA 2170 +65

Sharp rebound. The first quarter earnings were announced yesterday, with operating profit increasing by 63.6% compared to the previous year period, reaching 0.7 billion yen. It is on track to meet its full-year forecast of 2.36 billion yen, which is a 2.1% increase from the previous year. The number of corporate users of PCA cloud series is steadily increasing. While there is a growing awareness of the positive performance, it is expected that dividend levels may also increase in light of the company's policy of maintaining a dividend payout ratio of 100%.

<8060> Canon MJ 4389 -89

Lackluster performance and continued decline. The mid-year earnings were announced yesterday. Operating income decreased by 3.9% to 26 billion yen compared to the same period last year, and the decline rate is the same as the first quarter. The mid-year dividend, which had been undecided, was set at 60 yen, but the annual dividend was left unchanged from the previous year at 120 yen. In addition, to respond to the sale of Canon's shareholding, the company will conduct a TOB of its own shares with an upper limit of 22,100,000 shares, or 16.78% of the issued shares, at 4091 yen per share. However, it is linked to the overall market decline.

<6807> Aviation Electronics 2471 -214

Significant continued decline. The first quarter earnings were announced yesterday, with operating profit more than doubling from the same period last year to 3.77 billion yen. The recovery in sales of industrial machinery connectors seems to be the leading cause. However, while the consensus was around 3.1 billion yen, the increase is thought to be due primarily to the effect of the yen depreciation, and there is no significant surprise. The progress rate for the first half plan of 8 billion yen is also limited. In the context of a general market decline centered on high-tech, there is a sense that the movement is ahead of itself.

<9336> DaiEiKagaku 2747 +137

Significant rebound. SBI Securities initiated new coverage with a investment determination of "buy" and a target stock price of 4100 yen. Performance is expected to continue to reach record highs due to a strong business model with a final disposal site, new business expansion due to the new plastic law, and the potential to become an important infrastructure company through public-civic collaboration. The company has built trust with 467 municipalities and is the best partner for municipalities where waste disposal facilities are difficult to develop and operate.