<6856> Horiba Seisaku 7960 -1381

Sharp decline. The company announced its third quarter financial results the previous day, with an operating profit of 11.3 billion yen for the July-September period, a 5.9% increase compared to the same period last year, slightly lower than the market's expectations by just over 1 billion yen. The full-year forecast has been revised downward from the previous 52 billion yen to 47.5 billion yen, a 0.4% increase compared to the previous year. The consensus was expected to be around 50 billion yen. Segments other than semiconductors have been revised downward, with additional costs for systems being included as well. The market is predominantly viewing the greater-than-expected downgrade negatively.

<9503> Kansai Electric Power 1954.5 -442.5

Sharp decline. The company announced a public offering of approximately 0.1 billion 48.28 million shares, the sale of 45.7 million treasury shares, and the implementation of an offering with an overallotment of approximately 29.09 million shares, up to 0.2 billion 23.09 million shares in total. The total number of shares, excluding the current treasury shares, will be about 25.0% of the issued shares, approximately 0.8 billion 93.02 million shares. The fundraising amount could be as high as 504.9 billion yen, to be allocated to the cost of updating LNG thermal power generation facilities at the Nanko Power Plant and investments in data centers. The company's public offering is the first since 1982.

<2146> UT Group 2137 -500

Hitting the daily limit down. The company announced its first-half financial results the previous day, with an operating profit of 3.6 billion yen, a 31.2% decrease from the same period last year. The full-year forecast has been revised downward from the previous 13.6 billion yen to 6.5 billion yen, a 30.4% decrease from the previous year. Along with the decline in performance, the annual dividend plan has been reduced from 164.81 yen to 102.66 yen. In the semiconductor sector, the expected recovery pace for the second half, which was initially planned, is expected to slow down, and in the automobile sector, the impact of production adjustments is likely to lead to a lower-than-expected increase in demand for additional workers in the second half.

<4527> Rohto Pharmaceutical 2736 -607

Sharp decline. The company announced its second quarter financial results the previous day, with an operating profit of 6 billion yen for the July-September period, a 38.0% decrease compared to the same period last year, falling short of the market's expectations by nearly 5 billion yen. The first quarter had secured an increase in profit. It seems that Japan and Asia are experiencing developments below expectations. In addition to an increase in research and development expenses and advertising costs, there were also temporary manufacturing cost increases at the main factories. The full-year plan remains at 43.2 billion yen, a 7.9% increase from the previous year, but the achievement hurdle is seen to have risen.

<4053> Sun Asterisk 643 +100

Limit up. The company announced third quarter results the previous day, with cumulative operating profit at 1.11 billion yen, a 16.9% decrease from the same period last year, and revised its full-year forecast from the previous 2.16 billion yen to 1.5 billion yen. On the other hand, it announced the implementation of a share buyback worth 1 million shares, equivalent to 0.7 billion yen, representing 2.63% of the issued shares. The acquisition period is from today until February 28, 25. Additionally, it also announced the establishment of a shareholder benefit system that rewards shareholders holding 600 or more shares with preferential points.

<5105> TOYO 2370 +187

Significant continued rise. The company announced third quarter results the previous day, with operating profit for July-September at 28.7 billion yen, a 21.2% increase from the same period last year, exceeding market expectations by about 10 billion yen. As a result, the full-year forecast was revised upward from the previous 81 billion yen to 86 billion yen, and the annual dividends were also increased from 105 yen to 110 yen. Although the full-year forecast is at a consensus level, the plan for the fourth quarter seems conservative. The U.S. market, which had been deteriorating in the second quarter, appears to be heading towards recovery again.

<2585> Life Drink C 2347 +400

Limit up. The company announced first half results the previous day, with operating profit at 3.06 billion yen, a 5.2% increase from the same period last year, slightly exceeding market expectations. On the other hand, the full-year forecast of 5.8 billion yen remained unchanged. Although the earnings lacked surprises, the announcement of production capacity expansion measures has been well received as positive news. By acquiring the factory owned by Mount Fuji's natural water Lake Motosu, it is expected to increase capacity by about 7% when fully operational. The company has also announced additional investments in existing subsidiaries' factories.

<9229> Sunwells 972 -300

Limit down on a pro rata basis. The company announced the submission of an approval application for an extension of the deadline for the submission of the interim report. In response to allegations of fraudulent medical fee claims, a special investigation committee has been established to conduct an investigation. However, it is unlikely that the investigation will be completed by the deadline. While the extension request was anticipated, the future outlook seems to be even more uncertain. Furthermore, the previously planned 9 yen interim dividend has been suspended, and the year-end dividend is also listed as undetermined.

<7038> Frontier M 826 -300

Distribution in proportion to the lower limit of trading halt. The day before, the third quarter financial results were announced, with cumulative operating profit of 0.09 billion yen, a significant 89.2% decrease from the same period last year. The full-year forecast has been revised downward from the previous profit of 1.62 billion yen to a loss of 0.95 billion yen. The M&A advisory business has significantly missed the initial plan, and the restructuring support business is also expected to decrease due to the completion of large projects. The downward revision was within expectations, but the magnitude of the revision seems to have a negative impact.

<9416> Vision 1363 +300

Distribution in proportion to the upper limit of trading halt. The day before, the third quarter financial results were announced, with a cumulative operating profit of 4.32 billion yen, a 16.1% increase from the same period last year. The profit growth rate has slightly expanded from the 12.1% increase in the first half. In addition, changes to the shareholder benefit system were announced. Instead of offering vouchers related to a 3-piece set of the skincare series 'KO SHI KA | こしか,' which are now abolished, shareholders holding 300 or more shares will receive a Quo card worth 15,000 yen, leading to an enhanced yield attractiveness.