<6668> Plasma 1501 -371

Sharp decline. The company announced the financial results for the fiscal year ending in August 2024 last weekend, with operating profit of 147 billion yen, a decrease of 33.9% compared to the previous year. It slightly missed the upwardly revised figure of 15 billion yen announced during the third quarter. It is expected to turn into a substantial increase in operating profit of 189 billion yen for the fiscal year ending in August 2025, an increase of 27.2% compared to the previous year. However, this level is significantly below the 225 billion yen for the fiscal year ending in August 2023, indicating a slower recovery than expected. By the way, the quarterly forecast was at the 24 billion yen level.

<5885> Jaydeep Advance 10620 +1500

Stop high proportion distribution. The company announced its first quarter financial results last weekend, with operating profit of 18 billion yen, a significant increase of 57.7% from the same period last year. The full-year forecast remains unchanged at 68 billion yen, a 1.9% increase from the previous year, resulting in a substantial increase beyond expectations. Sales are expanding due to the increasing demand for AI, including LLM. In addition, the company announced a 1:4 stock split based on the end of November, which is expected to improve liquidity due to the high stock price level.

<1605> INPEX 2031.5 -68.5

Significant continued decline. Amid a continued decline in NY crude oil prices, oil-related stocks including the company are showing lackluster performance. In its monthly report, OPEC has downwardly revised demand forecasts for this year and next year, with the WTI November futures contract falling by 2.3% the previous day. Mainly due to the downward revision of China's demand outlook. In addition, crude oil prices are also falling in extended hours trading, as Israel is showing a stance to avoid attacking Iran's oil facilities.

<4443> Sansan 2166 -59

Significant drop. The company announced its first quarter financial results last weekend, with an operating loss of 33 billion yen, a deterioration of 45 billion yen compared to the same period last year. The increase in stock-related compensation costs contributed to the decline. Adjusted operating profit increased by 44.4% to 21 billion yen, making steady progress towards the company's full-year outlook. Growth in "Sansan" and "Bill One" continues. However, since the previous financial results led to a positive surprise, the impact is lacking this time, resulting in a preference for selling after the earnings announcement.

Veru Inc. 9670 +670

Sharply higher. Bain Capital, a US investment fund, has formally proposed an acquisition plan. If the company's approval can be obtained, it seems that a tender offer (TOB) will start at ¥9,450 per share in late October. While the company is currently in favor of the ongoing TOB by US KKR, the price offered by Bain this time exceeds KKR by 7%. Expectations for a bidding war to raise the acquisition price further linger, and the stock price fluctuates above the TOB price this time.

Cosmos Pharmaceuticals 7938 +618

Marked rebound. The company announced its first quarter financial results over the weekend, with an operating profit of 11.6 billion yen, a 28.8% increase over the same period last year, exceeding the market consensus by approximately 2 billion yen. The gross profit margin of general food products has seen significant improvements. The full year plan remains unchanged at 31.6 billion yen, a 0.3% increase from the previous year, creating a situation where a significant upward revision is anticipated. Additionally, the same-store sales in September, announced simultaneously, showed a 4.2% decrease compared to the same month last year, marking the second consecutive month of decline.

Sumtee HD 3295 +215

Significant continued rise. Hillhouse, a Singapore-based investment fund, has announced its intention to conduct a TOB for complete subsidiary acquisition. The TOB price is 3,300 yen, with the offer period running from October 15th to November 26th. There is a prevailing tendency to align with the TOB price. The premium against the closing price from the previous weekend stands at 7.1%, and there were reports of acquisition driving the stock price surge from the 2,800 yen level last weekend.

Kousaido HD 575 +80

Trading suspended. The company released its first quarter earnings over the weekend, with an operating profit of 2.02 billion yen, a 2.7-fold increase from the same period last year. The continuing effect of additional funeral halls in the funeral income segment, along with contributions from large-scale projects in the asset consulting segment, seem to have driven the growth. The full year forecast of 8 billion yen, a 50.3% increase from the previous year, is seen as making good progress due to the historically low first quarter sales, leading to heightened expectations of an upward revision.

<3048> Bic Camera 1722 +192

Surged. The company announced its financial results for the fiscal year ending August 24th last weekend, with an operating profit of 24.4 billion yen, a significant increase of 71.6% compared to the previous period, exceeding market expectations by over 1 billion yen. It seems that Kojima, TD Mobile, and others are also exceeding expectations. The outlook for the fiscal year ending in August 25th is 26.5 billion yen, an 8.7% increase. Market consensus was around 25 billion yen. It appears that Bic Camera is anticipating an expansion in tax-free sales. In addition to better-than-expected earnings, there is also anticipation for the upcoming new mid-term plan announcement scheduled for the 18th.

<3046> JINSHD 6160 +1000

Trading at the daily limit up. The company announced its financial results for the fiscal year ending August 24th last weekend, with an operating profit of 7.84 billion yen, a significant increase of 61.7% compared to the previous period, greatly exceeding the original plan of 6.3 billion yen. In the domestic eyewear business, there was an increase in demand for seasonal products such as optional lenses like visible light adjusting lenses and sunglasses over the summer. The annual dividend has also been significantly increased from the original plan of 45 yen to 61 yen. The estimated operating profit for the fiscal year ending in August 25th is expected to increase by 8.5% to 8.5 billion yen compared to the previous period, and the annual dividend is planned to increase by 6 yen to 67 yen compared to the previous year.