“Chicago Nikkei Average Futures (CME)” (9th)

SEP24

O 35315 (in dollars)

H 36520

L 35140

C 36230 large exchange ratio -10 (evening ratio -90)

Vol 20944

SEP24

O 35290 (in yen)

H 36510

L 35125

C 36215 large exchange ratio -25 (evening ratio -105)

Vol 36544

“American Depositary Receipts Overview (ADR)” (9th)

In the ADR market, Japan Post ＜6178＞, Mitsubishi UFJFG ＜8306＞, Tokio Marine HD ＜8766＞, Sumitomo Mitsui Financial Group ＜8316＞, SoftBank G ＜9984＞, Komatsu Seisakusho ＜6301＞, Mizuho Financial Group ＜8411＞, etc. rose in comparison with the Tokyo Stock Exchange (143.15 yen equivalent to 1 dollar), etc., and general buying advantage.

Code stock name closing price compared to previous day Japanese yen conversion price Japanese closing price ratio

7203 (TM.N) TOYOTA MOTOR CORPORATION 176.08 -1.10 2521 21

8306 (MUFG.N) MITSUBISHI UFJFG 10.21 0.09 1462 19

8035 (TOELY) TOKYO ELEC 75.18 1.54 21524 24

6758 (SONY.N) Sony 91.05 1.00 13034 34

9432 (NTTYY) NTT 27.03 0.18 155 0.8

8058 (MTSUY) Mitsubishi Corporation 19.93 0.53 2853 0.5

6501 (HTHIY) Hitachi 45.30 0.93 3242 -11

9983 (FRCOY) Fast Lite 30.57 0.58 43761 -139

9984 (SFTBY) SoftBank G 27.20 1.36 7787 95

4063 (SHECY) Shin-Etsu Chemical 19.63 0.13 5620 13

8001 (ITOCY) ITOCHU Corporation 105.84 3.10 7575 34

8316 (SMFG.N) Sumitomo Mitsui FG 12.72 0.07 9104 114

8031 (MITSY) Mitsui & Co. 399.50 4.50 2859 12

6098 (RCRUY) Recruit HD 11.78 0.42 8432 12

4568 (DSNKY) Daiichi Sanko 37.90 -0.75 5425 -349

9433 (KDDIY) KDDI 16.89 0.02 4836 -19

7974 (NTDOY) Nintendo 13.52 0.22 7742 -3

8766 (TKOMY) Tokio Marine HD 36.17 0.29 5178 67

7267 (HMC.N) Honda Motor 31.53 0.22 1505 -4

2914 (JAPAY) Nippon Tobacco Industry 14.69 0.26 4206 0

6902 (DNZOY) Denso 14.26 0.12 2041 -1

4519 (CHGCY) Chugai Pharmaceutical 22.85 0.20 6542 -5

4661 (OLCLY) ORIENLAND 27.32 0.42 3911 15

8411 (MFG.N) Mizuho FG 4.01 -0.05 2870 31.5

6367 (DKILY) Daikin Industries 12.01 0.26 17192 12

4502 (TAK.N) Takeda Pharmaceutical 14.88 0.07 4260 -3

7741 (HOCPY) HOYA 134.82 4.27 19299 29

6503 (MIELY) MITSUBISHI ELECTRIC 31.72 0.77 2270 8

6981 (MRAAY) Murata Manufacturing 9.70 0.11 2777 -9.5

7751 (CAJPY) Canon 33.87 0.72 4848 8

6273 (SMCAY) SMC 20.88 0.41 59779 -221

7182 (JPPTY) Japan Post Bank 8.45 -0.05 1210 -156.5

6146 (DSCSY) disco 23.60 0.30 33783 213

3382 (SVNDY) 7 & i HD 15.43 0.70 2209 24

8053 (SSUMY) Sumitomo Corporation 22.49 0.43 3219 12

6702 (FJTSY) Fujitsu 19.67 0.60 2816 0

6201 (TYIDY) TOYOTA INDUSTRIES 75.17 1.05 10761 76

5108 (BRDCY) Bridgestone 18.99 0.33 5437 -4

6178 (JPPY) Japan Post 10.00 0.00 1432 25.5

8002 (MARUY) Marubeni 160.99 1.29 2305 3.5

6723 (RNECY) Renesas 7.32 0.16 2096 6.5

6954 (FANUY) FANUC 13.33 -0.04 3816 -12

8725 (MSADY) MS&AD Insi HD 22.51 0.33 3222 5

8801 (MTSFY) Mitsui Fudosan 30.50 1.10 1455 15

6301 (KMTUY) Komatsu Seisakusho 25.90 0.45 3708 44

4901 (FUJIY) FUJIFILM 13.39 0.44 3834 -6

6594 (NJDCY) Nidec 10.09 0.26 5778 56

6857 (ATEYY) ADVANTEST 40.70 1.20 5826 -4

4543 (TRUMY) Terumo 18.77 0.59 2687 4

8591 (IX.N) ORIX 120.08 1.92 3438 13

(Top 50 by market capitalization, converted to 143.15 yen per dollar)

“Top 5 ADR Growth Rate Stocks” (9th)

Code stock name closing price Japanese yen conversion price Japanese closing price ratio (%)

9107 (KAIKY) Kawasaki Kisen 15.08 2159 216.5 11.15

5020 (JXHLY) ENEOS 10.90 780 34.4 4.61

8309 (SUTNY) Sumitomo Mitsui Tiger HD 5.03 3600 128 3.69

5802 (SMTOY) Sumitomo Electric Industries 16.63 2381 75 3.25

4523 (ESAIY) Eisai Co 10.30 5898 174 3.04

“Top 5 ADR Decline Rate Stocks” (9th)

Code stock name closing price Japanese yen conversion price Japanese closing price ratio (%)

7182 (JPPTY) JP BANK 8.45 1210 -156.5 -11.45

8750 (DLICY) Dai-ichi Life HD 23.80 3407 -437 -11.37

7259 (ASEKY) Aisin Seiki 32.10 4595 -320 -6.51

4568 (DSNKY) Daiichi Sankyo 37.90 5425 -349 -6.04

4307 (NRILY) Nomura Research Institute 36.05 5161 -61 -1.17

“US Stock Market Overview” (9th)

NYDOW

Closing price: 40829.59 compared to the previous day: 484.18

Opening Price: 40555.11 High Price: 41000.24 Low Price: 40518.06

Year-to-date high: 41563.08 year-to-date low: 37266.67

Previous year high: 37710.10 Previous year low price: 31819.14

Nasdaq

Closing price: 16884.60 compared to the previous day: 193.77

Opening Price: 16835.67 High Price: 16923.28 Low Price: 16732.84

Year-to-date high: 18647.45 year-to-date low: 14510.30

Previous year high: 15099.18 Previous year low price: 10305.24

S&P 500

Closing price: 5471.05 compared to the previous day: 62.63

Opening Price: 5442.07 High Price: 5484.20 Low Price: 5434.49

Year-to-date high: 5667.20 year-to-date low: 4688.68

Previous year high: 4783.35 Previous year low price: 3808.10

US 30-year Treasury Bonds 4.001% US 10-Year Treasury Bonds 3.7%

The US stock market rebounded. The Dow average rose 484.18 dollars to 40,829.59 dollars, and the NASDAQ closed at 16,884.61, which rose 193.78 points.

After a drastic drop in the market price last week, the motivation to push buy intensified and then came close, then it rose. The results of the August employment statistics announced last week did not deteriorate to the extent that they were alarmed, and purchases in response to soft landing expectations were also supported, and the market price continued to rise during the day. Artificial intelligence (AI) related products such as NVDA (NVDA) of semiconductors picked up, and high-tech was also bought due to falling interest rates, and remained steady throughout the day and ended. By sector, while semiconductors/manufacturing equipment and automobiles/auto parts rose, media and entertainment declined slightly.

The software development company Palantia (PLTR) and the computer manufacturer Dell Technologies (DELL) announced that S&P Dow Jones Indices would adopt it as a component of the S&P 500 Index, and each rose. Aircraft manufacturer Boeing (BA) announced that it had tentatively agreed with the labor union on a new labor agreement based on 25% wage increases etc. over the next 4 years, and it was expected that a strike at the Washington plant would be avoided, and it was bought with a sense of security.

The electric vehicle manufacturer Tesla Inc. (TSLA) rose because the chief executive officer (CEO) Mr. Musk denied reports with discussions and plans to allocate profits to the emerging AI company “xAI” operated by him when using AI models to enhance advanced driver support functions. Apple (AAPL) announced a new iPhone equipped with generated AI, airpods that also function as hearing aids, etc. at the new product launch event, and it was slightly higher.

The software manufacturer Oracle (ORCL) announced quarterly results after the transaction ended. Earnings per share after adjustments have exceeded expectations, dividends have been maintained, and strategic alliances with Amazon Web Services (AWS) of discount retail Amazon (AMZN) have been announced via cloud services, and they are being bought in overtime transactions.

(Horiko Capital Management LLC)