Nintendo Co Ltd (7974) is up 444 to 8100 yen.

Significant rebound. The company announced its second-quarter results the previous day, with operating profit for July-September at 67 billion yen, a 29.1% decrease compared to the same period last year. However, it exceeded market expectations by about 5 billion yen. On the other hand, the full-year forecast has been revised downward from the previous 400 billion yen to 360 billion yen, but the underperformance is in line with expectations and seems to have led to a sense of bottoming out of immediate negative factors. The decrease in sales of hardware, software, and the reduced income from blockbuster movies have contributed to the decline in profits.

Fast Retailing (9983) is up 1250 to 50350 yen.

Slightly advancing. It has shown a relatively heavy upward movement within the overall market rally. The company announced the monthly trends for October the previous day. The same-store sales declined by 7.5% compared to the same month last year, turning negative after 7 consecutive months of growth. The number of customers decreased by 6.9% and the average spending per customer also dropped by 0.7%. The warm weather has made it difficult to sell winter clothing. Some apparel specialty stores like United Arrows have continued to perform well, but there seems to be a strong negative sentiment in general.

Yokogawa Electric Corporation (6908) is up 146 to 2923 yen.

Marked increase. The company announced its second-quarter results the previous day, with an operating profit of 1.93 billion yen for July-September, a 17.8% decrease compared to the same period last year but exceeding market expectations by about 0.8 billion yen. On the other hand, the full-year forecast has been revised downward from the previous 7 billion yen to 4.3 billion yen, which is likely in line with expectations. Additionally, the company announced a share buyback program of up to 2 million shares, representing 8.9% of the issued shares and a limit of 6 billion yen. The impact is expected to be significant as the previous share buyback program just ended in September.

Kyushu Financial Group, Inc. (7180) is up 74.6 to 782.1 yen.

Sharply rising. The company announced an upward revision of its performance forecast for the fiscal year ending in March 2025 the previous day. The net profit has been raised from the previous estimate of 25.5 billion yen to 28.5 billion yen, an 8.0% increase from the previous year. Interest income from loans and sale of stocks exceeded expectations, while expenses and credit costs are expected to be lower than initially forecast. Since the first quarter showed a 23.7% decrease compared to the same period last year, positive reactions have strengthened. Additionally, the annual dividend has been increased from the previous plan of 18 yen to 20 yen.

INSOURCE 1044 +78

Sharp rise. The company announced its financial results for the fiscal year ending September 2024, with an operating profit of 4.94 billion yen, a 25.3% increase from the previous year, exceeding the previous estimate of 4.85 billion yen. In addition, for the fiscal year ending September 2025, a forecast of 5.52 billion yen is anticipated, an increase of 11.8%, marking two consecutive years of double-digit profit growth. The annual dividend is also planned to increase by 3.5 yen from the previous year to 23.5 yen. It seems that major businesses are expecting double-digit revenue growth. Furthermore, a medium-term plan until the fiscal year ending September 2027 has been announced, aiming for an operating profit of 7.8 billion yen.

ITOKI 1574 +114

Marked rise. The company announced third-quarter financial results the previous day, with cumulative operating profit reaching 7.81 billion yen, an increase of 8.7% compared to the same period last year, turning from a 2.0% decrease in the first half to an increase. The full-year forecast remains at 10 billion yen, a 17.3% increase from the previous year. The workplace business sales are performing well, coupled with a decrease in logistics costs contributing to increased earnings. As for the third-quarter cumulative performance, both revenue and operating profit have reached record highs.

KONICA MINOLTA 666.3 -2.4

Decline. The company announced its second-quarter results the previous day, reporting an operating loss of 0.3 billion yen for the July-September period, following a loss recorded in the first quarter. Against the backdrop of expanding structural reform costs, it fell short of the market's expected profit of around 1.5 billion yen. The full-year forecast has been revised downward from the previous profit of 13 billion yen to a loss of 14 billion yen, incorporating additional structural reform costs and impairment risks. The company also announced the transfer of shares of a US genetic testing company. Although the progress in structural reforms is positive, uncertainties about future growth prospects have intensified.

GREE 427 -38

Significant drop. The company announced first-quarter financial results the previous day, recording an operating loss of 0.13 billion yen, a significant deterioration from the 1.42 billion yen profit in the previous quarter. Although no full-year forecast has been disclosed, market consensus predicts a profit of around 6 billion yen, making the unexpected sluggish start noticeable. Aside from the underperformance of existing titles, the lack of contribution from new titles, and the deteriorating investment business performance due to valuation losses.

<6962> Daishinku 562 -52

Marked decline. The interim financial results were announced the day before, with operating profit increasing by 1.6% year-on-year to 0.92 billion yen, maintaining a steady progress towards the full-year plan of 1.5 billion yen, a 29.8% decrease from the previous year. However, the first quarter's 0.58 billion yen saw a decline from the 12.8% increase year-on-year, suggesting limited positive impact. Furthermore, due to the recognition of exchange losses, ordinary income has turned from a profit of 1 billion yen in the first quarter to a deficit of 0.08 billion yen in the first half.

<4385> Mercari 1824 -347.5

Plunged. The day before, the first-quarter financial results were announced, with core operating profit of 4.1 billion yen, a 13.1% decrease from the same period last year, which is believed to be nearly 1 billion yen below market expectations. The company is generally making progress as planned under a second-half biased plan. The full-year plan is 22-25 billion yen. On the other hand, it seems that the growth rates of Marketplace and US GMV are below expectations. The former is experiencing a slowdown in revenue growth each quarter, while the latter is seeing an expansion in the decline rate.