Japan House HD <1873>
Announced a revision of the second quarter's financial estimates. The operating profit has been revised upward from 1.18 billion yen to 1.86 billion yen. Revenue is expected to fall below previous estimates due to a decrease in sales revenue from land for sale in the residence business and below-target hotel revenue due to lower occupancy rates. However, due to cost reductions and expense savings, profits are expected to exceed estimates. The full-year estimates will be announced during the second quarter earnings reports.
Fast Retailing <9983>
There was a moment the previous day when it was sold down to 48,800 yen, but afterwards, it moved above the 25-day line, leaving a long lower shadow. In the weekly pattern, the upward-moving 13-week line is considered a resistance, and if it falls below this line, it may lead to a buying stance on dips. The daily Ichimoku chart shows movement within the cloud, making it prone to conflicting bullish and bearish sentiments. However, the conversion line and baseline are recognized as support lines, and the lagging span continues to signal upward.