Gunosy <6047>: 810 yen (-67 yen)

Significant decline. India's GaragePreneurs has announced that it will be excluded from the equity method-consolidated subsidiary. It has decided to suspend the dispatch of directors that it has been implementing and is said to have submitted resignation letters. Regarding the investment, it is stated that it will continue to be a significant pillar of the group's medium- to long-term growth and will continue to be a long-term shareholder as before. It is a field with high growth expectations, and there is a tendency to view the exclusion from the equity method as a negative factor.

Serucis <3663>: 1119 yen (+120 yen)

Significant surge. It has announced that it will change its listing market classification from the Standard Market to the Prime Market with effect from September 25, with the approval of the Tokyo Stock Exchange. The company has previously announced its preparations for promotion, and there has been high anticipation for its promotion. However, with the formal decision, there is a move to anticipate demand from TOPIX-linked funds and other sources in the future. The supply-demand occurrence date is expected to be the end of October.

Sumitomo Bake <4203>: 3849 yen (+194 yen)

A significant increase. It is reported that Sumitomo Chemical is transferring a part of its shareholding through off-market relative trades to the Singapore Government Investment Corporation. The number of transferred shares is 6.51 million9021 shares, and the transfer price is 3,476 yen. As a result, Sumitomo Chemical's shareholding ratio will decrease from 22.62% on September 20 to 15.61%. On the other hand, the Singapore Government Investment Corporation's shareholding ratio will be 7.02%, and it seems that there is an anticipation of further buying activity in the future.

Yashu Electric <3153>: 1790 yen (+194 yen)

Significant increase. The company announced an upward revision of its performance for the fiscal year ending in March 2025 the previous day. Operating profit was raised from the previous forecast of 4.2 billion yen to 4.6 billion yen, an increase of 18.1% compared to the previous year. Engineering projects such as auxiliary facilities construction and maintenance/renovation of power facilities related to semiconductor manufacturing, air conditioning equipment for datacenters, and updating of electrical facilities for transportation businesses are performing better than expected. The early upward revision also has a strong impact.

Toyota Motor Corp <7203>: 2625 yen (+140 yen).

Significant rise. In the previous day's FOMC meeting, a 0.5% interest rate cut was decided, which was more than the expected 0.25% cut. However, the US stock market initially rose but then fell, and long-term US interest rates also rose, showing unexpected movements. As a result of the rise in US long-term interest rates, the foreign exchange market has also seen a trend of a stronger dollar and a weaker yen, reducing concerns about a further appreciation of the yen after a significant interest rate cut. This has led to a stronger sense of confidence in automobile stocks such as Toyota Motor Corp, which benefit from a weaker yen.

Exawizards Inc <4259>: 310 yen (+15 yen).

Significant rebound. After the close of trading on the 18th, E-Flow, a subsidiary of Kansai Electric Power Group, announced that its AI model for the operation of grid-connected rechargeable batteries has entered full operation, leading to buying interest. The AI model calculates the optimal conditions for trading the power of grid-connected rechargeable batteries, and E-Flow's system will start operating in multiple power markets, with plans to eventually operate in three power markets. It is expected that by considering a wide range of big data, daily bidding proposals can be created and transactions can be made under optimal conditions.

AmbiDX Inc <3300>: 1834 yen (+21 yen).

Continued rise, reaching a new high for the year. After the close of trading on the 18th, Ambition Ventures, a subsidiary of AmbiDX, and Axellabo, a leading IoT platformer, announced a capital and business alliance, leading to buying interest. With the goal of realizing the efficient management of real estate operations, improving services through the utilization of real estate data, accelerating DX in the real estate industry, and enhancing the added value of properties, both companies aim to create innovative services in the real estate industry by leveraging their strengths.

CyberTrust Co Ltd <4498>: 2020 yen (+35 yen).

Resistance. After the close of trading on the 18th, it was announced that EFSA Technologies and domestic companies in japan will collaborate to achieve secure and stable long-term operation of systems using LinuxOS, which has been well received. As part of this collaboration, EFSA Technologies will comprehensively provide one-stop support for maintenance services for the PC server "PRIMERGY" and technical support for AlmaLinuxOS starting from September 27, 2024.