Tohoku Electric Power Co., Inc. (8035)
Announced a revision of the financial estimates for the fiscal year ending March 2025. Operating profit was revised upward from 627 billion yen to 680 billion yen. In the electronics industry, various products with embedded AI are being announced, leading to the emergence of new markets. In the semiconductor manufacturing equipment market, investments in memory and advanced packaging equipment for AI applications are significantly increasing, along with continued investments in equipment for mature generations in China. Investments in equipment for advanced generation logic/foundry also exceeded the previous year's same period. Additionally, announced a share buyback of up to 3.5 million shares (0.8% of outstanding shares) and 70 billion yen.
Namura Shipbuilding <7014>
Continuing the rebound trend with the recent low of 1368 yen on September 17th, currently breaking above the 25-day moving average as a support line and the 75-day moving average. Amid the strengthening rebound trend, it has recently surpassed the 200-day moving average. While adjustments have been ongoing since the peak of 2772 yen on July 4th, a trend reversal is likely to be expected with the breakthrough of the 200-day moving average. Additionally, the occurrence of a Golden Cross between the 25-day moving average and the 75-day moving average is approaching.