<8136> Sanrio 4549 +517

Rapid rise. The company announced its second quarter financial results over the weekend, with an operating profit of 12.8 billion yen for the July-September period, a 74.9% increase from the same period last year, exceeding market expectations by about 3 billion yen. The full-year forecast has been revised upwards from the previous 37.1 billion yen to 41 billion yen, a 52.1% increase from the previous year. This level exceeds the mid-term plan of 40 billion yen until the end of fiscal year 2027. The annual dividend plan has also been raised from 37 yen to 40 yen. Major anniversary-related projects, and strong performance in the licensing business are driving the good results.

<5802> Sumitomo Electric Industries 2579 +247

Sharp increase. The company announced its first-half financial results at the end of last week, with an operating profit of 119.3 billion yen, a 77.2% increase from the previous period, exceeding the original plan of 106 billion yen. The full-year forecast has been raised from the previous 250 billion yen to 260 billion yen, a 14.7% increase from the previous year. The annual dividend plan has also been increased from 72 yen to 77 yen. Although the upward revision range is limited, concerns were heightened about the impact of the current global slowdown in automobile production. However, these excessive worries seem to have been largely dispelled.

<6762> TDK 1960 +112

Significant continued growth. The company announced its second quarter financial results at the end of last week, with an operating profit of 75.4 billion yen for the July-September period, a 27.3% increase from the same period last year, exceeding the market expectations by about 8 billion yen. The full-year forecast has been revised upwards from the previous 180 billion yen to 220 billion yen, a 27.2% increase from the previous year. The strong performance in the energy business appears to be the main driver behind the improved performance. The annual dividend has also been raised from 24 yen to 28 yen. The upward revision value seems to be at consensus levels once temporary cost increases are excluded.

<8604> Nomura 860.1 +82.5

Sharp rise. The company announced its second quarter financial results over the weekend. The net profit for the July-September period was 98.4 billion yen, an increase of 2.8 times from the same period last year, following a significant expansion in the first quarter to 68.9 billion yen, an increase of 3.0 times. In the first half, it reached 167.3 billion yen, nearly 2.9 times higher, surpassing consensus estimates by over 30 billion yen. The interim dividend has also been raised from 8 yen in the same period last year to 23 yen. All major segments are performing well, with the wholesale division in particular achieving significant revenue growth.

<4188> Mitsubishi Chemical G, 859.9, +45.2.

A significant rebound. Over the weekend, the second quarter financial results were announced during trading hours, which initially led to a slight selling trend. However, today's development has turned into a buying trend. The operating profit for the July-September period was 51.7 billion yen, a 25.0% decrease year-on-year, and although the full-year financial estimates were revised upwards from 210 billion yen to 218 billion yen, they still fall short of the consensus level of around 260 billion yen. However, it seems that further restructuring costs are expected, leading to a predominant sense of optimism for future performance improvement.

<6368> Organo, 7810, +1000.

Trading at the daily limit up. The first half financial results were announced last weekend, with operating profit reaching 11.5 billion yen, a 46.1% increase year-on-year, exceeding the previous estimate of 9.5 billion yen. The full-year estimate was raised from the initial 24.5 billion yen to 28 billion yen, following an upward revision at the end of the first quarter. The annual dividend was also increased from the original plan of 106 yen to 142 yen, representing a 40 yen increase from the previous period. The main reason for the increase in profitability seems to be the expansion of the relatively high-profit solution business.

<6141> DMG Mori Seiki, 2590.5, -350.

A sharp decline. The day before, the third quarter financial results were announced, with operating profit for the first half at 23.2 billion yen, a 2.9% year-on-year increase. However, the July-September period saw a rapid slowdown to 6.79 billion yen, a 48.0% decrease. The full-year estimate was downgraded from the original 58.5 billion yen to 44 billion yen. The consensus for the full year was around 57 billion yen. Furthermore, the performance outlook for the fiscal year ending in December 2025 was also disclosed, expecting an increase in operating profit to 49 billion yen by double digits. However, the negative outlook significantly falls below the current year's forecast.

<7951> Yamaha, 1081, -164.5.

Plunging. The second quarter financial results were announced last weekend, with an operating profit of 2.8 billion yen for the July-September period, a 68.7% decrease year-on-year, significantly below the market expectation of around 1.1 billion yen. The impairment charges on overseas factory production facilities (approximately 7.8 billion yen) are the main reason. Furthermore, the full-year estimate was lowered from 44.5 billion yen to 27 billion yen, a 6.9% decrease from the previous period, shifting to an expected profit decrease. The consensus level was expected to be around 40 billion yen. It seems that the musical instrument business has been significantly downgraded.

<3110> Nitto Bose 6200 -1200

Sharp decline. Last weekend, the first half financial results were announced, with operating profit reaching 7.35 billion yen, 2.4 times higher than the same period last year. It exceeded the upward revision of 7 billion yen made during the first quarter financial results. The full-year forecast of 15 billion yen remains unchanged, but the annual dividend, which was undecided, has been decided to be increased from 55 yen in the previous year to 87 yen. However, while the operating profit in the first quarter was 3.91 billion yen, 4.4 times higher than the same period last year, the profit for the July-September period was 3.44 billion yen, an increase of 54.0%, showing a slowdown and leading to a sense of short-term exhaustion.

<7296> FCC 2852 +487

Temporarily hit the daily limit up. Last weekend, the financial results for the second quarter were announced, with an operating profit of 5.08 billion yen for the July-September period, representing a 47.5% increase compared to the same period last year. Despite the recognition of one-off expenses, it exceeded market expectations. The full-year forecast of 16 billion yen, up 5.9% from the previous year, remains unchanged, but there is a strong awareness of a significant upward revision. In addition, through the implementation of a commemorative dividend, the annual dividend has been raised from the previous 76 yen to 202 yen, intensifying the impact. They also announced a share buyback of up to 1.25 million shares and 2.5 billion yen.