＜2146＞ UT Group 1973-74

The sharp decline continued. At Morgan Stanley MUFG Securities, the investment decision was lowered from “overweight” to “equal weight,” and the target stock price was also lowered from 3600 yen to 1900 yen. Although there is no change in expectations for medium- to long-term labor shortages, the benefits of semiconductor domestication, etc., consider that there are many uncertainties such as the fact that semicros in the semiconductor and automobile industries are susceptible, and that there are many uncertainties such as an increase in turnover rates and deterioration in recruitment efficiency. Operating income for the fiscal year ending 25/3 was reduced from 11.9 billion yen to 6.5 billion yen.

＜3192＞ Shirato 290 +35

rapid expansion. It has been announced that Chiai Medical will implement TOB with the aim of making it a consolidated subsidiary. The planned number of shares to be purchased is 1.13 million8,000 shares, and it seems that Ikegami Tadashi, Odakyu Electric Railway, IT4, etc. are planning to apply for TOB. The TOB price is 280 yen. It seems that expectations are ahead that synergy effects will increase in terms of sales channel expansion, product development, etc. due to the establishment of a subsidiary of Chiai Medical.

＜4935＞ Liberta 888 +150

High stops every day. It seems that they are continuing to view the conclusion of a business alliance with CAMPFIRE, which was announced on the 14th. CAMPFIRE is an enterprise developing one of the largest crowdfunding businesses in Japan. Assuming that planning and sales promotion know-how, abundant domestic and international sales channels, etc. can be utilized, it seems that an increase in customer value and the creation of business synergy can be expected by implementing sales support for products that rise to about 6,000 cases or more per year.

＜3110＞ Nittobo 5750 +190

Significant continued growth. The Tokai Tokyo Intelligence Lab raised investment decisions from “neutral” to “outperform,” and the target stock price was also raised from 7230 yen to 7860 yen. In addition to predicting an increase in sales of NE glass due to completion of repairs to domestic production facilities and increased production capacity in Taiwan, sales of T-glass are also strong, so profit forecasts for the fiscal year ending 25/3 to the fiscal year ending 27/3 have been revised upward. Operating profit for the fiscal year ending 26/3 is expected to be 19.15 billion yen, up 23.2% from the previous fiscal year.

＜6508＞ Meidensha 4095 +165

Massive backlash. SMBC Nikko Securities continued the investment decision “1,” and raised the target stock price from 4700 yen to 6100 yen. It is attracting attention as a stock that enjoys the benefits of power infrastructure investment demand, and it is said that this view has been further strengthened based on recent financial results. Profit improvements in power infrastructure and social systems, and contributions from the Indian High Speed Rail project by electric railways, etc. are on the upside, and operating income for the fiscal year ending 26/3 is expected to be 22.2 billion yen, but it is expected that there is room for further improvement.

＜7453＞ Ryohin Keikaku 2938 +153

Significant continued growth. It seems that a management policy briefing session was held by the next president last weekend. It seems to have led to an increase in evaluations. According to the 3-year rolling plan up to the 27/8 fiscal year, operating income is targeted at 79 billion yen compared to 55 billion yen planned for the fiscal year ending 25/8, and operating income for the fiscal year ending 27/8 is targeted, and it seems that they will aim for an average annual growth rate of 10% or more. The plan is to accelerate the opening of stores in Southeast Asia while maintaining the pace of domestic store openings.

＜3191＞ Joyful Honda 1766 -217

Plummeting. Sales of 7.51 million3300 shares and implementation of sales due to overallotment of 1.12 million6900 shares have been announced. It seems that major shareholders such as Arclans and Joyo Bank will be the main sellers. Movements to be wary of an imminent deterioration in supply and demand also seem to be ahead. Furthermore, from the viewpoint of mitigating the impact on stock supply and demand, it was also announced that 2.1 million shares, which is 3.37% of the number of issued shares, will be implemented with an upper limit of 5 billion yen, and the acquisition period is from the business day following the delivery date to 25/5/31.

＜8304＞ Aozora 2521 -198.5

A sharp decline. Financial results for the 2nd quarter were announced last weekend, and net profit for the fiscal year ending 7/9 was 4.3 billion yen, down 17.6% from the same period last year, and turned from an 11.8% increase in the first quarter to a decline in profit. Declines in investment trust cancellation gains, domestic REITs, overseas stock sales gains, etc. are the background to the profit decline settlement. The progress rate for the first half of the year against the full-year plan of 18 billion yen has reached 66%, but the full-year plan remains unchanged. There were no changes in shareholder returns, etc., and financial results with few surprises led to cutout sales pressure.

＜2788＞ Apple 488 +80

Stops are highly proportional. An upward revision of earnings and dividend forecasts was announced last weekend. Operating income for the fiscal year ended 12/24 was raised to 1.51 billion yen from the previous forecast of 1.21 billion yen. The overseas used car export business has been doing well, and the effects of yen depreciation in exchange rates are in the background. The annual dividend forecast has also been increased from the previous plan of 10 yen to 15 yen. Financial results for the 3rd quarter were announced on the 8th, and it seems that the surprises will only intensify with the timing right after that.

＜4919＞ Milbon 3425 +420

rapid expansion. Financial results for the 3rd quarter were announced last weekend, and cumulative operating income was 4.85 billion yen, up 42.1% from the same period last year, and the rate of increase greatly expanded from the same 2.8% increase in the first half of the year. Although the full-year forecast of 6.6 billion yen has remained unchanged, it seems that upward expectations are increasing. Domestically, “Aujoua” and “Eljuda” remained steady, and overseas, they maintained a high growth rate due to increased activity in the hair care/perm market in Korea. The full impact of inventory valuation losses also contributed.