<7203> Toyota Motor Co., Ltd. 2746.5 +102.5
Significantly rallied. The results of the share buyback of the previous day were announced. A total of 0.3 billion 43.82 million 8098 shares were tendered for the planned repurchase of 0.2 billion 90.12 million 2375 shares, resulting in a remaining balance. It is expected that there will be considerations, including the possibility of repurchasing within the scope of the ongoing share buyback, and there are also views that speculate on the expansion of the share buyback scale. In addition, today's positive stock factors include reports of supplying hydrogen car components to BMW and the yen's depreciation after the opening.
<6758> Sony Group Corp 14095 +315
Continued growth. Sony's gaming subsidiary SIE announced that it will raise the price of the home game console 'PlayStation (PS) 5' in Japan from September 2nd. The main unit price seems to be raised by 19% to 99,800 yen, reflecting the surge in material costs and manufacturing/logistics costs. This will be the third price increase for the PS5 main unit in Japan following November 2023. Expectations of improving gaming business revenue are driving a positive sentiment.
<3382> 7&i Holdings Co., Ltd. 2100 -22
Plunged significantly. It was reported that they had applied for an upgrade to the most strictly regulated category, the 'Core Industry' classification under the Foreign Exchange and Foreign Trade Act. If it becomes a core industry, it would require mandatory prior notification in cases where the ownership ratio exceeds 10%, and the constraints on the acquiring party would also increase. There is a possibility that the acquisition hurdle will rise for Alimentation Couche-Tard, which has proposed an acquisition. While the stock price is currently being granted an acquisition premium, expectations have slightly receded in that direction.
<4755> Rakuten Group Inc. 1028.5 +86.6
Significantly rose. At Morgan Stanley MUFG Securities, the investment rating remains 'overweight,' and the target stock price has been raised from 1100 yen to 1300 yen. Analyzing that the realization of the business value of mobile could also lead to a high probability of achieving a stock price of 1500 yen. The expansion of acquiring primary line contracts from corporate clients would boost the main line ratio, which is expected to push up ARPU with a time lag. It is possible that the mobile business will enter a phase of generating EBITDA in the fiscal year ending December 2026.
<7936> Asics 2722 +100
Significantly extended.SMBC Nikko Securities continues its investment rating of "1" and raised its target stock price from 2575 yen to 3200 yen. The growth rate of sports style and Onitsuka Tiger has been particularly outstanding recently, but in the first half of the 24 fiscal year, high-priced products have significantly improved the category profit margin. There is still room for improvement in profit margin through D2C channel strengthening and narrowing down entry models, and it is positioned as a core sports stock, and medium-term revision is also a future catalyst.
<3436> SUMCO 1694.5 -39.5
Significant decline. Morgan Stanley MUFG Securities has downgraded its investment rating from "overweight" to "equal weight" and lowered its target stock price from 2800 yen to 2000 yen. It is expected that the supply and demand of silicon wafers will gradually improve, but the significant increase in depreciation expenses due to greenfield investments and the progress of yen appreciation have led to a significant reduction in profit forecasts for fiscal year 2025 and 2026. For fiscal year 2025, the previous forecast of 84 billion yen has been reduced to 39 billion yen, and for fiscal year 2026, it has been reduced from 113 billion yen to 70 billion yen.
<4956> Konishi 1210 +19
Sharp rebound. The company announced the implementation of share buybacks totaling 3.3 million shares, equivalent to 4.80% of the issued shares, with an upper limit of 3 billion yen, and acquired 7,600 shares in off-hours trading today. The remainder is expected to be acquired through market purchases in the future. Based on the 'Medium-Term Management Plan 2027' announced in May, the purpose of the acquisition is to return profits to shareholders and improve capital efficiency. It is expected to provide support in the immediate supply-demand situation, leading to a positive reaction.
<6258> Hirata Kikou 5270 +325
Showing a significant increase. It has announced the acquisition of a large order the previous day. In addition to receiving an order for the assembly line for EV drive units for about 8.7 billion yen, it seems to have also received an order for EV battery charging/discharging related equipment projects, following the May release project, for about 5.6 billion yen. Both are expected to be recognized as revenue in accordance with the progress of the work, and some are likely to be reflected in this fiscal year's performance. Amidst sluggish stock price recovery due to the first quarter's profit decrease, there appears to be a review in progress.
<4658> Nihon Koso 1053 +61
Significant rebound. It was announced the day before that they will implement a shareholder special treatment for the 60th anniversary of the company's founding. Shareholders with 100 or more shares at the end of September are eligible. Shareholders with 100 to 300 shares are given ¥500 worth of Quo cards, shareholders with 300 to 500 shares are given ¥2000 worth, shareholders with 500 to 1000 shares are given ¥5000 worth, and shareholders with 1000 or more shares are given ¥10,000 worth. It seems that there is a movement to acquire special treatment rights in advance. Please note that this shareholder special treatment will only be implemented this time.
<1418> Interlife 297 +19
Significant increase. The company announced an upward revision of its performance for the fiscal year ending in February 2025 on the previous day. The operating profit was raised from the previous forecast of 0.4 billion yen to 0.6 billion yen. It is expected that orders and completions will exceed expectations in the interior construction business and the audio and lighting equipment business. In particular, the completion of the Osaka-Kansai Expo-related construction is expected to be concentrated in the second half of the year, and the reception of redevelopment projects in urban areas is also expected to proceed smoothly. The upward revision is more significant than expected, considering the situation in the first quarter.