<4911> Shiseido 3810 -700.

Stopper safety. Prior to announcing the results of the first half of the year earnings forecast. Core operating profit for April-June decreased by 48.8% year-on-year to JPY 7.9 billion, which is about half of market expectations. A comparison with the 9.6% decrease in the previous quarter will increase the decline. It seems that the sales decline in the United States and China is like an echo. The negative impact of unexpected bad performance is increasing. It is expected that new business strategy will be disclosed in November.

<5991> Nippon Paint 1551 +165.

Sharp rise. Announced the first quarter earnings the day before, The operating profit was JPY 12.2 billion, 2.5 times the same period of the previous year. The first half forecast was revised upward from the previous JPY 14.2 billion to JPY 22 billion, and the annual forecast was revised upward from JPY 40 billion to JPY 48 billion, a 38.5% increase from the previous year. It seems that the yen's weakening effect also contributed to the solid progress of the DDS business. In addition, the annual dividend has been raised from the previous plan of JPY 57 to JPY 63, an increase of JPY 21 from the previous period.

<7202> Isuzu Motors 2011.5 +164.

Much continued its rise. Announced the first quarter earnings the day before, The operating profit was JPY 76.9 billion, which is a 12.1% increase year-on-year, and became a favorable development for the stationary full-year plan of JPY 260 billion. The promotion of price responsiveness and the depreciation effect of the yen contributed to the increase. In addition, the acquisition of self-held shares with an upper limit of 45 million shares and JPY 75 billion, which account for 6.0% of the issued shares, was announced. The impact of high-level share buybacks on supply and demand is also expected to increase.

<6417> SANKYO 1731.5 +181.5.

Sharp rise. Announced the first quarter earnings the day before, The operating profit was JPY 17.3 billion, down 10.0% year-on-year, but the market expectation was about JPY 8 billion. Although the number of pachinko machine sales has decreased, it seems that the sales of pachislot machines that started selling by the previous period were doing well. The annual forecast of JPY 61 billion, a 15.9% decrease from the previous year, is kept, but the situation is expected to be conscious of being upward due to the good start of the first quarter.

<3436> SUMCO 1687 -317.

Sharp drop. Announced the second quarter earnings the day before, The operating profit for April-June was JPY 12.1 billion, a decrease of 41.7% year-on-year, and is believed to have slightly exceeded market expectations. On the other hand, the outlook for July-September is JPY 7 billion, which is significantly lower than the consensus of around JPY 14 billion. The pace of recovery of 300-millimeter wafers seems to be slightly slower than the market expected. It seems that negative factors such as the expected increase in depreciation expenses for the year ended March 25th are also affecting.

<6976> Taiyo Yuden 3566 -410.

Sharp drop. Announced the first quarter earnings the day before, The operating profit turned black with JPY 2.63 billion, but did not reach the market consensus of about JPY 4 billion. Although there was a positive effect of a weak yen, it is believed that the effect of stockpile enhancement was lower than expected. Chinese smartphone demand seems to be stalling. The full-year plan of JPY 20 billion, which is 2.2 times the previous period, was kept, and the consensus was at the level of about JPY 27 billion, but it seems that the same level has been cut.

<6758> Sony Group Corp 12290 -15.

Continuous fall. Announced the first quarter earnings the day before, The operating profit was JPY 279.1 billion, down 10.3% from the same period of the previous year, and it is believed to have slightly exceeded the market expectation. The two major focused segments of G&NS and I&SS contributed significantly to the increase in profits despite the low profitability of finance. The annual forecast was revised upward from the previous JPY 1.275 trillion to JPY 1.31 trillion, an 8.4% increase from the previous year. It lifted the segments except the financial business, taking into account revisions based on the exchange rate assumptions. However, it was held back in general decline.

<6920> Laser Tech 27170 +5000.

Stopper safety. Announced the results for the June 24th quarter the day before, The operating profit for the fourth quarter (April-June quarter) was JPY 23.3 billion, down 33.2% year-on-year, but the market expectation of around JPY 16 billion was significantly higher . It is expected that 25-year June will be JPY 104 billion, a 27.8% increase from the previous year, and that the consensus of around JPY 110 billion will be lower, but it seems that it was perceived as conservative guidance. Orders received for April-June quarter also exceeded market expectations and reached a record high.

<9984> SoftBank G -309

Fell sharply. The previous day, the first-quarter settlement was announced, and the final profit and loss was reduced from the previous year's 477.6 billion yen, but it turned into a deficit of 174.2 billion yen. The investment profit and loss of the Vision Fund business worsened compared to the same period last year, and the posting of exchange losses also weighed on it. On the other hand, there were also positive reactions to the announcement of a share buyback of up to 0.1 billion shares, equivalent to 6.8% of the issued shares and a limit of 500 billion yen. The acquisition period is from August 8th to August 7th, 25 years.

<9749> Fuji Soft 8890 +1500

Stop limit proportional allocation. It has been reported that they have decided to privatize the shares. It seems that US investment fund KKR intends to acquire the company through a tender offer, and the total acquisition cost is expected to be about 600 billion yen. Until now, major shareholder 3D Investment had proposed privatization. The TOB price is expected to be slightly less than 9,000 yen per share, and it seems to be about 20% higher than the previous day's closing price. The company commented on the privatization, saying that it will be submitted to the board of directors on the 8th.