The following is a comment written by a FISCO social reporter for individual investors, Mr. Yuusuke Yuge (Blog: Profitable Stock Information" Nekodanna's Stock Never Ceilings "). At FISCO, we strive to work with individuals who are actively disseminating information to deliver a diverse range of information to investors.

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Written on October 15, 2024 at 11 o'clock.

There are voices expressing concern about the future of the Ishiba administration as it heads to a general election with unclear policies. On the other hand, the dow jones industrial average seems to be in excellent shape as it hits an all-time high. Can the Nikkei average follow the footsteps of the dow jones industrial average?

I am Yugi Yuge, who writes a stock and cat blog called 'Profitable Stock Information "Nekodanna's Stock Never Ceilings"'.

There are countless thoughts on Japan's politics and policies, but ultimately, it goes without saying that even in Japan's stock market, the significant impact of the US economy is undeniable. Depending on the outcome of the November US presidential election, there is a possibility that stock prices in Japan may move as if events such as the results of the House of Representatives election never happened.

Despite increasing uncertainties such as the deteriorating situation in the Middle East, the US presidential election, Japan-China relations, and the dissolution of the House of Representatives general election affecting stock prices, the recent upward momentum of the Nikkei average is greatly appreciated by investors. Nevertheless, it is concerning how the conclusion of 2024, which began as an election year, will turn out. While there is a desire to thoroughly discuss various political issues with an urban legend element, personally, I am hoping for positive developments for stock prices. (I plan to leak the continuation on my blog)

There may well be instances in the future where market trends change dramatically due to election results or changes in the war situation. For now, until the dissolution of the general election, I will keep an eye on stocks related to the Ishiba administration. Among them, "disaster prevention-related" policies seem to be a core part of the Ishiba stocks.

First of all, Japan Dry Chemical <1909> is attracting attention as a disaster prevention-related stock under the Ishiba administration. Both the p/e ratio and pb ratio show noticeable undervaluation. The company, which has strengths in manufacturing and inspecting fire extinguishing equipment, is beginning to stand out as an Ishiba stock... It reached a year-to-date high in October.

Nohmi Bosai <6744> is also being checked as a disaster prevention-related stock. The company, known for its fire alarm systems, reached an all-time high since listing as its stock is sought after under the Ishiba administration. With solid performance, it is expected to achieve record high revenue in the fiscal year ending March 2025. Keep an eye on the earnings announcement on November 7.

Mirai Works <6563>, which operates a job change support service for regional areas and a side job matching platform for regional companies, is gradually forming an upward trend. The company seems to be attracting attention as an Ishiba stock related to regional revitalization. Although there is a sense of high p/e ratio, the performance is expanding. The earnings announcement will be on November 14.

Kasumigaseki Capital <3498>, which specializes in real estate consulting, has speculation as a decarbonization-related stock. There is a strong view that Prime Minister Ishiba is anti-nuclear power, and the company, which actively invests in clean energy, may benefit.

eWeLL <5038>, which provides SaaS-based business support tools for visiting nursing stations, is worth checking in terms of preventive medical care. With the expansion of future medical expenses in mind, the expansion of preventive medical care is inevitable not only under the Ishiba administration. The performance is at the highest profit level, with earnings announcement on November 14. Speculative buying seems to be flowing in as the Kenpo Federation has announced demands for elderly medical reform.

Lastly, GENOVA <9341> from the preventive medical care sector. The company, which switched to the main board market on September 20, operates a medical information site and sells automatic reception and settlement machines for clinics. In addition to the speculation from the Kenpo Federation mentioned earlier, the fiscal year ending March 2025 shows good performance and it will have its first dividend. Monitoring how far it will update its year-to-date high.

Well, the story has become a bit long, but on my blog, I introduce "individual stocks and theme stocks that are currently strong". Please take a look if you have time. We look forward to welcoming you with our beloved cat, "Al".

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Author Name: Yuugentei Tamaki Blog Name: The Cat Master's Stocks Know No Limits

Blog Name: The Cat Master's Stocks Know No Limits