Tokyu Corporation ＜1766＞

A revision of the financial estimates for the fiscal year ending April 2025 has been announced. The revenue has been revised upwards from 360.478 billion yen to 364.052 billion yen, and the operating profit has been increased from 14.17 billion yen to 19.239 billion yen. The revenue increased due to thorough progress management in construction projects, enabling early starts and shorter construction periods. On the profit side, efforts to reduce costs in the construction business have resulted in exceeding the initial estimates. The operating profit surpasses the consensus estimate (around 15 billion yen).

Kikkoman ＜2801＞

On November 6th, the price adjusted the returning high of 1830 yen and broke below the 75-day moving average, falling to 1618 yen by December 2nd. However, after that rebound, the price surpassed the 75-day moving average, and there was also a moment where it exceeded the 25-day moving average compared to the previous day. According to the Ichimoku Kinko Hyo, it has captured the lower limit of the cloud, and a trend formation focusing on the upper limit of the cloud is expected to develop. The 200-day moving average level, which recently capped the upside, is likely to become a short-term Target Materials.