<5631> Nisshin Steel Co. 4374 -196
It fell significantly. The company announced its five-year midterm management plan until the end of March 2029 on the previous day. The numerical targets are sales of 380 billion yen, operating profit of 37 billion yen, and ROE of 10-11%. The results for the year ending March 2024 were 252.5 billion yen, 18 billion yen, and 8.5%, respectively. Assumes an increase in sales of defense-related equipment. In addition to the goal of a dividend payout ratio of 35% or more, the company aims to maintain a lower limit of DOE 2.5%. The current business plan is to exceed expectations for the midterm plan, and the surprise of the target numbers is limited.
<6762> TDK 8730 +364
Increased significantly. Apple, which announced its original AI platform 'Apple Intelligence' in the US market on the previous day, rose sharply by 7.2%, which stimulated domestic electronic component stocks associated with Apple. Morgan Stanley MUFG Securities has continued to rank Apple as 'overweight' and raised its target stock price from 8800 yen to 9700 yen. It is expected that profits will continue to rise due to the increase in profit from lithium-ion batteries, and the performance this term is expected to significantly exceed the company plan.
<3248> R.E.J. 949 +109
Increased rapidly. The first half of the settlement was announced the day before, and the operating profit was at a level of 750 million yen, twice that of the same period of the previous year. The full-year plan is expected to exceed 570 million yen, a 3.9% increase from the previous year's plan, which has been maintained. Since the first quarter had a significant decrease in profit, the surprise has also strengthened. The situation is such that the revenue from the development and sales business is expanding due to the sale of one rental apartment building for the fiscal year. The sale in the second quarter was released, but it is considered that it has a greater impact than expected.
<2910> Rocufield 1410 -83
Dropped significantly. The company announced its settlement for the year ending April 2024. Operating profit increased by 15.8% compared to the previous year to 1.74 billion yen, but fell far short of the previous estimate of 2.16 billion yen. It seems that sales have been struggling since the beginning of the year. The expected operating profit for the year ending April 2025 is 2.04 billion yen, an increase of 17.5% from the previous year. It is expected that the existing store will continue to perform strongly with the expansion of refrigerated food sales networks, etc., but since the company's previous midterm plan had a planned operating profit of 3.2 billion yen for the fiscal year ending April 2025, it is considered that the revenue stagnation exceeded expectations.
<3097> Monogatari Corp. 3215 -190
It continued to fall significantly except for the previous day. The monthly trend for May, which was announced on the previous day, became negative material. Same-store sales for existing stores have been negative for two months in a row, with a 2.1% decrease compared to the same month of the previous year, and a negative growth for the first time since November 2021. The number of customers has decreased by 1.1% for two consecutive months. In terms of business type, both the yakiniku and okonomiyaki departments have been negative for two consecutive months.
<9602> Toho 4692 -418
Markedly declining. It is reported that the box office revenue of the film division in May, which was announced the previous day, is being viewed negatively. It has fallen further than April, which had turned negative year on year with a decrease of 13.5%, and the decline has widened. Although it was during the GW period, May was the largest box office revenue performance in 2023, but box office revenue in May 2024 is at its lowest level this year. The total for January to May has also turned negative year on year.
<7388> FP Partners 4025-700
Dropped by limit down. Reports suggest that an article in a weekly magazine online is seen as a negative factor. It is pointed out that the structure is the same as that of non-life insurance companies that had been allocated insurance contracts by introducing accident cars to Big Motor. It seems that it is also introducing the views of the Financial Services Agency officials who say that it is far from being customer-oriented.
<3591> Wacoal Holdings 4250 +290
Significantly rebounded. According to a large holding report submitted the previous day, 3D Investment has become a major shareholder with a 5.13% stake. Its purpose is to make pure investments and to provide advice and important proposal actions to management as appropriate. 3D Investment is a Singaporean investment fund known as a 'speaking shareholder.' Expectations are high that it will contribute to the improvement of corporate value, including shareholder returns.
<3902> MDV 567 +62
Increased sharply. It is reported that SBIHD will acquire additional shares of up to 1,911,000 shares (voting rights ratio of 5.00%). The two companies concluded a capital business alliance in November 2020, and SBIHD is currently the largest shareholder with 12,376,114 shares and a voting rights ratio of 32.42%. Additional share acquisitions are expected to further strengthen collaboration, and there is also an expected impact on short-term supply and demand.
<4384> Raksul 1002+88
Increased significantly. The third-quarter settlement was announced the day before, and the cumulative operating profit increased by 50.2% to 2.19 billion yen compared to the same period of the previous year, and the profit growth rate expanded further from the previous 35.7% in the first half. It seems to be progressing at a slightly faster pace than the revised plan in March. In addition, it was announced that dividend payment of 1.7 yen will be implemented at the end of the term by judging that profit distribution has become possible while implementing investments for growth opportunities. It seems to have led to expectations for future growth, such as M&A.