＜6327＞ Kitagawa Seiki 723 -48
The sharp decline continued. Financial results for the fiscal year ended 24/6 were announced after the transaction ended yesterday. Operating profit was 0.815 billion yen, up 10.9% from the previous fiscal year. It exceeded the previous forecast of 0.76 billion yen. Meanwhile, operating profit for the fiscal year ending 25/6 is expected to be 0.5 billion yen, down 38.7% from the previous fiscal year. At the same time, a medium-term management plan was also announced, and the operating income plan for the fiscal year ending 27/6 is 0.9 billion yen, and the target for the fiscal year ending 30/6 is 1.5 billion yen, but it seems that the forecast of a drastic decline in profit for the current fiscal year is disgusting.
＜7807＞ Kowa Seisakusho 1027 +46
Massive backlash. After the transaction ended yesterday, it was announced that 0.13 million shares, which is 3.03% of the number of issued shares, will be carried out with an upper limit of 0.15 billion yen in value, and it has become a source of procurement. The acquisition period is from 24/9/1 to 25/2/28. The purpose is to enable flexible capital policies to be implemented in response to changes in the business environment. The company stock held as of 24/7/31 is 0.72 million5334 shares.
＜9532＞ Big gas 3488 +149
Massive backlash. At Daiwa Securities, the rating was raised from “outperform,” which is second from the top, to the highest “buy,” and the target stock price was also raised from 3180 yen to 4620 yen. It is expected that equity capital will be suppressed through active shareholder returns in order to achieve the 26th ROE of 8% advocated in the medium-term management plan. The target stock price is calculated by applying a total return yield of 5.3%, and they want to take a positive stance by paying attention to the sense of undervaluation based on the total return yield.
＜7172＞ JIA 1224 +116
rapid expansion. The Tokai Tokyo Intelligence Lab continues to be the highest “outperform” rating with a 3-step evaluation. The target stock price is 2100 yen (1276 yen last time: after considering the Rights Offering). As for valuation, since there are few comparable similar companies, 17.0 times the company's average PER over the past year was adopted (17.0 times the previous one). The target stock price is 17.0 times the EPS125.7 yen forecast for the fiscal year ending 24/12.
＜3048＞ Bic Camera 1699 +102
Massive backlash. At Daiwa Securities, the rating continues to be “neutral” in the middle with a 5-point evaluation, and the target stock price has been raised from 1350 yen to 1700 yen. The company plan for the full year ended 2014/8 was revised upward at the same time as the 3rd quarter financial results were announced. Operating profit increased from 19.5 billion yen to 22.5 billion yen (up 58.3% from the previous fiscal year). An increase in dividends was also announced with a dividend payout ratio of 40%. Reflecting recent strong inbound sales, etc., Daiwa Securities forecasts operating income of 24 billion yen for the fiscal year ending 24/8.
＜2884＞ YOSHIMURA FOOD 1630 +129
Massive backlash. The Nikkei Shimbun reported that scallops are rising in price. According to reports, China banned imports of Japanese fishery products in August last year, and market wholesale prices plummeted by 2-3 percent, but demand and prices are recovering due to domestic support consumption and development of export destinations outside of China. There is rather a sense of shortage in the Toyosu market, and it is said that it is likely to exceed the market price before the embargo. The company has such things as Marukichi, which processes and sells scallops, under its umbrella, and it seems that concerns about deterioration in earnings due to falling prices have receded.
＜2138＞ CRUISE 660 +45
Massive backlash. After the transaction ended yesterday, it was announced that the number of pre-registrants for the blockchain game “Ergosm” developed by the subsidiary CROOZ Blockchain Lab and GUMI ＜3903＞ has exceeded 0.2 million people. “Ergosm” is a new RPG game for smartphones where you can “Play and Earn” for basically free. It is said that it is possible to earn NFTs while playing due to a game system equipped with GameFi elements.
＜4971＞ MEC 3980 +265
Massive backlash. At the Tokai Tokyo Intelligence Lab, the rating was raised from “neutral” to the highest “outperform,” and the target stock price was also raised from 4000 yen to 5500 yen. Since package manufacturers are moving to increase production (multi-layering, large-format), the medium term growth accuracy is high. Also, since high growth can be expected for generative AI for the fiscal year ending 24/12 and the fiscal year ending 25/12 in a form that compensates for Intel's slump, it seems that earnings forecasts for the fiscal year ending 24/12 and beyond have also been revised upward.
＜6266＞ Tatsumo 3400 +155
Massive backlash. After the transaction ended yesterday, it was announced that they have developed bonding technology utilizing lasers targeting MEMS (Micro Electro Mechanical Systems) packaging, and it seems that purchases are underway to view it as a material. Currently, evaluations are being carried out with MEMS devices, but in the future, with a view to expansion to devices other than MEMS, including semiconductors, it is said that devices equipped with this technology will be sold with the goal of '26.
＜8035＞ East Elec 28405 +350
backlash. Semiconductor-related stocks are generally developing steadily today. Stock price support factors include the fact that the Philadelphia Semiconductor Stock Index (SOX Index), which consists of major semiconductor-related stocks, rose 1.86% in the US stock market yesterday, and the rate of increase was larger compared to the Dow average (0.58% rise). There is also a reaction that semiconductor-related stocks such as the company were sold at the back market yesterday, and it seems that it is generally easier to get into hot selling.