The following is a comment written by individual investor "G有限亭玉介" of Fisco Social Reporter (blog: Profitable Stock Information "Cat Husband's Stocks are Limitlessly High"). At Fisco, efforts are made to actively disseminate diverse information to investors by collaborating with individuals who proactively share information.

-----------

Written on December 9, 2024, at 2 PM.

The Ministry of Health, Labour and Welfare announced a proposal to raise the operation yield of the Government Pension Investment Fund (GPIF) from the current 1.7% to 1.9%. It seems that there are expectations that if the investment allocation to Stocks increases, there may be an Inflow of money into the stock market.

Once again, my name is G有限亭玉介, and I am writing the stock and cat blog "Profitable Stock Information 'Cat Husband's Stocks are Limitlessly High'."

After forming a Box Inc market and experiencing sluggish price movements, the policy to raise GPIF's operation yield has provided a positive stimulus to the market. It is unclear whether the investment will be in domestic Stocks, but it is positively reassuring to see the government confirming a proactive stance towards investment.

While there is positive News of individual stocks, as the end of the year approaches, it is necessary to invest with an awareness of tax-saving Sell. Indeed, Stocks with poor supply-demand dynamics or those that haven't experienced notable movements are likely to be sold for tax loss harvesting, making them untouchable.

Additionally, it seems that stocks that will be affected by the negative policies of Mr. Trump, who will take office as the American president on January 20 next year, are also viewed unfavorably. Concerning tariffs, it has been indicated that additional tariffs will be imposed on imported goods from China, Canada, and Mexico, so attention should be paid to how the future performance of Auto Manufacturers and the Semiconductors industry, which have significant sales in the USA, will develop.

By the way, there is an impression that politics is unstable in various countries including Japan lately, as martial law was suddenly declared in South Korea. It would not be surprising if reports were suddenly announced that drastically change the political system. The possibility of a 'nearby war' cannot be dismissed, so it's advisable to adopt an investment stance that allows for immediate avoidance. Now, this time, I have picked up stocks that seem to be targeted by heavy-weight funds like GPIF and overseas investors.

First, Sony Group Corp <6758> has updated its year-to-date high due to strong performance, and recently announced the retirement of 93.28 million shares (1.5% of the outstanding shares) which was well-received. With expectations of an interest rate target hike from GPIF, it seems that speculative buying is flowing into this leading Japanese company. The Candlestick chart will be monitored to see how much lower it can rise as we approach the end of the year.

Similarly, the globally recognized Game Console manufacturer NINTENDO CO LTD <7974> is seeing speculation that the successor to the Nintendo Switch will be released around March next year. The daily Candlestick chart has surpassed the high of 9,170 yen from July, and it is being monitored for further growth.

Konami Group <9766>, which is forming an upward trend above the 75-day line, has also updated its year-to-date high. The strength of gaming-related stocks has become particularly noticeable recently. The company is involved in not only gaming but also sports club operations and casino-related speculation, and it is expected to achieve record profits for the fiscal year ending in March 2025.

On December 3rd, DeNA <2432>, which was seen as material due to the establishment of a new company with major figure manufacturer Good Smile Company, subsequently updated its year-to-date high. This year, the Yokohama DeNA BayStars also became champions of Japan, and attention is focused on whether it can achieve a V-shaped recovery for the full year in the fiscal year ending March 2025.

Ateam <3662>, which was seen as material due to the establishment of a new shareholder return system, announced its financial results on December 6th, which were strong. They are said to be gifting quocards worth 10,000 yen to shareholders holding more than 500 shares, making it a generous distribution when combined with Dividends. The daily Candlestick chart has shown a sudden movement from a stagnant range, and attention is on whether it can form an upward trend following the results.

Lastly, we have Rakuten <4755>. There have been rumors about a default crisis for a while, but after the market close on December 6th, they announced shareholder benefits that include offering a year of free 'Rakuten Mobile' voice and data (30GB/month) plan to shareholders holding over 100 shares, which has led to buying primarily from individuals. Expectations are also high for new stock price stimulus measures aimed at overseas investors.

Well, the story has become a bit long, but on my blog, I introduce "individual stocks and theme stocks that are currently strong". Please take a look if you have time. We look forward to welcoming you with our beloved cat, "Al".

----

Author name: Yūgentō Gyokusuke

Blog name: The Cat Husband's Stocks are Limitless