KOROWAIDO <7616>: 1,861.5 yen (-215 yen).

Sudden fall. After the end of trading yesterday, there were concerns about the dilution of the value of 1 share and the decline in demand and supply due to the announcement of new share issuance and sale of shares. The new share issuance through public offering is 17 million shares. The sale of shares through over-allotment is up to 2.55 million shares. The issuing price and sale price will be determined on one of the days between August 28th and September 3rd. The estimated total amount of after-tax income, which is about 36.7 billion yen, will be used for M&A to support the expansion of the group's business, and if there is an unused amount, it will be used to repay the borrowing.

Career DC <2410>: 1,803 yen (+111 yen).

Significantly rising. After the closing of trading yesterday, there seems to be a positive response to the change in dividend policy and the upward revision of the dividend forecast for the period ending September 2024. In the future, the company will clarify its policy of returning profits to shareholders and will set the target dividend payout ratio to be more than 40% for ordinary dividends only. We plan to implement continuous dividends while considering the performance trends and financial conditions. With this, the year-end dividend for the period ending September 2024 (annual dividend) will be set at 90 yen. The previous forecast was 80 yen, and the previous period was 70 yen (including a special dividend of 5 yen and a commemorative dividend of 15 yen).

Daikin Industries <6367>: 17,595 yen (-480 yen).

Significantly dropping. In Daiwa Securities, the rating was lowered from "outperform", the second-highest rating on a 5-step evaluation, to "neutral", and the target stock price was also lowered from 30,000 yen to 19,000 yen. It is said that it is a concern that this year's plan will not be achieved due to the lower than expected demand in Europe, etc. In the United States, there is also a concern that air conditioning using refrigerants with GWP value: Global Warming Potential of 700 or more, will be banned from production and import from January 2025, and distribution and installation by distributors and their lower dealers will also be prohibited from January 2026.

YE Digital <2354>: 755 yen (+31 yen).

Significantly rising. After the closing of trading yesterday, there seems to be a positive response to the upward revision of the performance forecast for the period ending February 2025, and the buy-side seems to be active. The operating profit is expected to be 1.8 billion yen (20.9% increase from the previous year). The forecast has been raised by about 12% from the previous one. The operating profit for the first quarter, announced on June 27th, was 326 million yen (82.4% increase from the same period last year). This was achieved by increasing the sales of Business DX and compressing expenses. At the same time, the dividend forecast has also been raised. The annual dividend will be 20 yen. The previous forecast was 16 yen, and the previous year's annual dividend was 12 yen.

NITORI Holdings <9843>: 20,640 yen (+465 yen).

Significantly rising. It seems to be related to the expectation of an increase in earnings due to the appreciation of the yen and the decline of the dollar in the foreign exchange market. The appreciation of the yen will have a positive effect on our performance as we import products from overseas. According to an article in the Nikkei newspaper, Chairman Nitori stated at the earnings conference for the period from April to June 2024 on the 7th, "The long-awaited appreciation of the yen has finally arrived. The tide has turned." This week, speeches by Haruhiko Kuroda, the Governor of the Bank of Japan, and Jerome Powell, the Federal Reserve Board (FRB) Chairman, are scheduled for the 23rd, and trading in the exchange market is likely to become more active regarding the yen exchange rate.

Digipra <3691>: 655 yen (+100 yen).

Port <7047> has announced that it will utilize the "Digital Gift" operated by its group company, Digital Fintech (located in Shibuya-ku, Tokyo), as a shareholder benefit. Shareholders of Port can choose their preferred benefit items from the exchange options. In place of traditional physical gifts, immediate receipt and usage is possible through QR codes. It is also possible to access features such as video messages from the company to shareholders and a questionnaire function.

Sportsfeel <7080>: 654 yen (+64 yen).

The stock rose significantly. It has announced the establishment of a share buyback framework of up to 1.85 million shares (1 billion yen). The proportion to the total number of issued shares (excluding treasury shares) is 2.5%. The acquisition period is from the 21st of this month to October 31st. The acquired treasury shares will be considered for use in stock compensation for M&A transactions and group executives. In addition to being well-received for its share buyback, it seems to be supported by expectations of hitting the bottom of stock prices.

Trends <6069>: 884 yen (+62 yen).

It rebounded significantly after 3 days. It has announced the implementation of a share buyback of up to 0.25 million shares (20 billion yen). The ratio to the total number of issued shares is 3.13%. The acquisition period is from the 23rd to November 14th. The purpose is to enhance shareholder returns and improve capital efficiency, as well as to enable a flexible capital policy in response to changes in the business environment. It has also revealed plans to establish a subsidiary and transfer the operation of the beauty broadcasting media 'MimiTV'.