＜2168＞ Pasona 2350 +255

rapid expansion. According to the mass ownership report submitted the day before, it became clear that Oasis Management, which is regarded as Activest, has acquired 5.02% of the shares. The purpose of holding is “portfolio investment and important proposal acts,” and it is stated that “important proposal acts may be carried out in order to protect shareholder value.” The company's stock is said to have a low level of shareholder return associated with the sale of Bennewan shares, and since there is also a history where it plummeted in April, speculation that there will be pressure to strengthen return measures.

＜6923＞ Stanley Electric 2925 +76.5

Significant continued growth. Financial results for the first quarter were announced the day before, and operating income was 9.5 billion yen, a significant increase of 2.6 times compared to the same period last year. There was also a consolidation effect of the Thai base due to strong sales in the motorcycle business. However, in comparison with market predictions, surprises were limited. Meanwhile, it was announced that 13 million shares, which is 8.11% of the number of issued shares, will be implemented with an upper limit of 30 billion yen, and the acquisition period is from 8/13 to 25/3/31. The scale seems to have greatly exceeded market expectations, and the impact has intensified.

＜4205＞ Nichi-Zeon 1320 -87

A sharp decline. Financial results for the first quarter were announced the day before, and operating profit was 9 billion yen, up 47.9% from the same period last year, and market expectations were shaken by about 3 billion yen. Shipments of optical film etc. were doing well. The first half year plan was revised upward from the previous 11 billion yen to 15 billion yen. Meanwhile, the full-year plan remained unchanged at 26.5 billion yen, and the second half of the year was actually revised downward. Elastomer materials etc. are declining. The consensus was that the company's plans were in jeopardy, leading to a negative reaction.

＜5471＞ Daido Steel 1450.5 +42.5

Significant continued growth. Financial results for the first quarter were announced the day before, and operating profit was 10.1 billion yen, up 15.2% from the same period last year, and the progress rate compared to the first half of the 22 billion yen plan is 45.8%, but considering the liquidation cost of the Chinese subsidiary 2 billion yen, it is actually regarded as a trend in the plan's unfavorable trend. While stock prices have been sluggish since the announcement of financial results for the first fiscal year, it seems that review movements are intensifying with confirmation of a steady recovery in earnings. Also, it seems that stainless steel etc. for HDDs were doing better than expected in the first quarter.

＜1959＞ Kyudenko 6723 +914

rapid expansion. Financial results for the first quarter were announced the day before, and operating profit was 10.3 billion yen, 2.1 times the same period last year, making a very strong start against the unchanged plan of 39.5 billion yen for the first half of the year, an increase of 3.9% from the previous fiscal year. In addition to an increase in sales in the equipment construction business, profit margins have also improved significantly. Normally, profit levels are the lowest in the first quarter, so it can be seen as a situation where a significant increase in full-year results is expected.

＜3778＞ Sakura 3055 -360

Plummeting. Financial results for the first quarter were announced the day before, and operating income was 0.23 billion yen, a significant increase of 2.2 times compared to the same period last year, but the plan for the first half of the year is 0.8 billion yen, 3.2 times the same level, and there seems to be a view that progress is slightly slow. Investment in human resources etc. is the main reason for the increase in costs. Net profit for the first quarter also declined drastically due to the recording of stock issuance expenses associated with the issuance of new shares, a round of certified sales gains, etc.

＜7276＞ Made in Koito 2158.5 -75

A sharp decline. Financial results for the first quarter were announced the day before, and operating profit was 9 billion yen, down 38.6% from the same period last year, falling close to 2 billion yen below market expectations. The full-year forecast was revised downward from the previous 58 billion yen to 49 billion yen, a 12.5% decrease from the previous fiscal year, to a complete decline in profit forecast. Although exchange rate assumptions have been revised in the direction of depreciation of the yen, it seems that assumptions about world production etc. have been revised downward. Also, it has been announced that US Septon will become a subsidiary, but it is also alarming that it is likely to lead to short-term profit deterioration factors.

＜6755＞ Fujitsu SE 1901.5 -234

Plummeting. The first quarter financial results were announced the day before, and operating income turned into a surplus of 0.72 billion yen, but the progress rate against the full-year plan of 12 billion yen, 2.1 times the previous fiscal year remained at a low level, and it seems that the situation can be perceived negatively. Although sales of air conditioners remained steady, mainly in the US and Asia, the recording of a decrease in inventory valuation etc. were factors that pushed down the decline. Sales in local currency, such as Europe and the Middle East, are slightly sluggish, and the full-year earnings consensus seems to be devaluing.

＜6301＞ Komatsu 4304 -219

The sharp decline continued. The first quarter financial results were announced the day before, and operating profit was 157 billion yen, up 6.8% from the same period last year, and it seems that it has almost landed on the expected market line. It seems to have risen by about 15 billion yen compared to the company plan. Sales of general construction machinery and mining fell short of expectations, but it seems that the depreciation of the yen was a boosting factor. The full year plan of 557 billion yen, and the 8.3% decrease from the previous fiscal year remains unchanged, reflecting current sluggish sales growth, and it seems that significant upward expectations etc. will retreat slightly.

＜6954＞ FANUC 4387 +125

Significant continuous growth. Financial results for the first quarter were announced the day before, and operating profit was 33 billion yen, up 1.1% from the same period last year, and the full-year forecast was revised upward from the previous 121 billion yen to 143 billion yen. In addition to the effects of the depreciation of the yen, sales of FA and robots also seem to be progressing more smoothly than expected. The upward correction value has not yet reached consensus, but a further upward trend is expected in the future. Furthermore, the volume of orders received in the first quarter also exceeded market expectations, with a 12.3% increase from the same period last year.