<1878> Daito Construction 16685 +65

Rebound. It announced an upward revision of its full-year earnings forecast the previous day. Operating profit has been raised from the previous forecast of 110 billion yen to 120 billion yen, an increase of 14.5% from the previous year. It seems to be due to factors such as improving gross profit margin through standardized construction, and high progress in real estate development business leading to surpassing the consensus level of around 116 billion yen. While surprises related to the extent of the upside seem limited, positive stock price reactions appear to be dominant based on the current order situation and stock price movements.

<1976> Myojin Kogyo 1289 +35

Significant rebound. It was announced that the financial estimates for the first half of the year were revised upward the day before. Operating profit has been raised from the previous estimate of 2.88 billion yen to 3.9 billion yen, up 43.3% from the same period last year. The background of the upward revision seems to be the solid performance of domestic maintenance work and the cost containment effects. It was expected that there would be an upward revision from the first quarter level, but the size of the revision has had a significant impact. The situation is also considered to be conscious of the upward revision of the full-year performance.

<2502> Asahi 1798 +54

Sharp rebound. It has announced a significant price increase of 5-8% for main products such as beer and non-alcoholic beverages from April next year. More than 40% of all products are targeted, and the price increase for beer is reported to be the first in a year and six months since October 2023. The price increase is a response to rising costs, but this increase is not yet factored in, which is leading to a positive impact. The certainty of expanding profits for the next fiscal year is increasing.

<2585> Life Drink C 1737 +56

Significant rise. At Tokai Tokyo Intelligence Lab, an investment rating of 'Outperform' has been given with a target stock price of 2130 yen to start coverage. The characteristics and strengths include small variety mass production, internalization from procurement to sales, nationwide deployment of factories, and diversification of sales channels including private brands, enabling the provision of products at low prices and the construction of strong partnerships with various major retail companies. The company's product expansion and performance growth through low-price strategies are expected to continue.

<8218> Komeri 3325 -195

Significant decline. The company announced its first half financial results the day before, with operating profit increasing by 7.2% compared to the same period last year, reaching 14.8 billion yen. However, for the July-September period, it decreased by 0.6% to 5.35 billion yen, indicating a slowdown in revenue growth, which became a negative factor for the stock price. Due to the record heat and mid-September's adverse weather conditions, sales of products related to gardening, home gardening, insecticides, and herbicides have been sluggish. There is a perception that the hurdles to achieve the full-year plan of 24.3 billion yen have increased.

<9023> Tokyo Metro 1739

Today, it debuted on the main board with an initial public offering price of 1200 yen, closing the first day at 1630 yen, 35.8% above the IPO price. Subsequently, there was a dominant upward trend in the stock price. Being the largest listing since SoftBank in 2018, it attracted very high market interest. Among major private railway companies, it has an extremely high operating profit margin. It has also been highly regarded for its relatively high dividend yield at the IPO price level, making a strong start as a large listing. Demand from overseas investors was strong, particularly from BB.

<8804> Tokeken 2463 +141.5

Marked increase. The investment fund believed to be an activist, Paris Capital, has revealed at an investor event that they have acquired shares of the company. The ownership ratio is said to be 1.5%. By improving capital efficiency through actions such as the sale of policy-holdings like Huuric's shares, it is pointed out that increasing enterprise value is possible. By implementing measures such as improving capital efficiency and governance reform, it is estimated that there is a maximum potential increase of 65% in the stock price.

<7203> Toyota Motor 2620.5 +75.5

Significant rise. Today, in addition to the company, subaru corp unsponsored adr and honda were also ranked high in terms of upward movement, showing a preference for automobile stocks. Against the background of the rise in U.S. long-term interest rates, the USD/JPY exchange rate rose to the mid-152 yen range, seen as a buying incentive. Furthermore, in the U.S., the leading automaker GM announced its third-quarter results, exceeding market consensus and upwardly revising its full-year performance outlook, resulting in a nearly 10% increase in stock price, serving as a stimulant for domestic stocks related to the automotive sector.

<4902> Konica Minolta 533.3 +53.8

Sharp rise. It has been revealed in a large shareholding report submitted the previous day that Effissimo Capital, an investment fund affiliated with Murakami Fund, has acquired 5.81% of the shares. The purpose of holding is said to be 'pure investment'. Effissimo also holds a large amount of Ricoh shares, increasing its holding ratio to 19.50% according to the report submitted on October 9. The situation is also speculated to be related to industry restructuring movements.

<9278> Book Off GHD 1470 +156

Sharp rise. The announcement of the delayed first quarter results from the previous day has been made. The background to the delay includes investigations into fictitious purchases by employees, inappropriate inventory accounting, etc. Operating profit doubled year-on-year to 1.11 billion yen, driven by the effects of new store openings and the expansion of existing domestic Book Off stores. Although some cost discrepancies are noted, there is a growing expectation of an upward revision with a full-year plan of 3.5 billion yen, a 14.7% increase from the previous period.