Chicago Nikkei Futures (CME) on the 24th.
SEP24
USD 39,455.
High: JPY 39,680.
Low: JPY 38,145.
Close: JPY 38,175, -945 compared to TSE's evening trading, +5.
Volume: 13,736.
SEP24
JPY 39,415.
High: JPY 39,635.
Low: JPY 38,095.
Close: JPY 38,115, -1,005 compared to TSE's evening trading, -55.
Volume: 35,308.
Overview of American Depositary Receipts (ADR) on the 24th.
In the ADR market, Yucho Bank <7182>, Disco <6146>, Advantest <6857>, SoftBank Group <9984>, Tokyo Electron <8035>, Oriental Land <4661>, Renesas <6723> etc. fell, almost all declined compared to Tokyo Stock Exchange (USD 1 = JPY 153.69).
Code Company Name Closing Price Change from Previous Day Price in JPY Comparison to Japanese Price
7203 (TM.N) Toyota Motor Corp. 197.20 -3.59 3031 -69.
8306 (MUFG.N) Mitsubishi UFJ Financial Group Inc. 11.21 -0.20 1723 -20.
8035 (TOELY) Tokyo Electron Ltd. 94.61 -4.43 29081 -1399.
6758 (SONY.N) Sony Corp. 89.19 -2.48 13708 -477.
9432 (NTTYY) Nippon Telegraph and Telephone Corp. 25.55 -0.22 157 -1.5.
8058 (MTSUY) Mitsubishi Corporation 20.79 -0.26 3196 -34.
6501 (HTHIY) Hitachi Ltd Sponsored ADR 43.05 -0.75 3308 -90.
9983 (FRCOY) Fast Retailing Co. Ltd. 25.84 -0.62 39713 -1267.
9984 (SFTBY) SoftBank Group Corp. 32.00 -1.72 9836 -499.
4063 (SHECY) Shin-Etsu Chemical Industry, 20.32, -0.82, -212, 6246.
8001 (ITOCY) Itochu Corporation, 99.53, -2.38, -155, 7648.
8316 (SMFG.N), Sumitomo Mitsui FG, 14.03, -0.17, -124, 10781.
8031 (MITSY), Mitsui & Co., 451.17, -11.54, -102, 3467.
6098 (RCRUY), Recruit Holdings, 11.29, -0.18, -261, 8676.
4568 (DSNKY), Dainippon Sumitomo Pharma, 37.98, 0.22, -105, 5837.
9433 (KDDIY), KDDI Corporation, 14.64, -0.08, -73, 4500.
7974 (NTDOY), Nintendo Co Ltd, 13.47, -0.05, -205, 8281.
8766 (TKOMY), Tokio Marine Holdings Inc, 38.20, -1.08, -136, 5871.
7267 (HMC.N), Honda Motor Co Ltd, 31.17, -1.02, -33, 1597.
2914 (JAPAY), Japan Tobacco Inc, 14.23, -0.13, -61, 4374.
6902 (DNZOY), Denso Corporation, 15.56, -0.29, -37.5, 2392.
4519 (CHGCY), Zhongke Pharmaceutical Co Ltd, 19.57, 0.35, -147, 6015.
4661 (OLCLY), Orient Land Co Ltd, 27.00, -1.36, -174, 4150.
8411 (MFG.N), Mizuho Financial Group Inc, 4.41, -0.09, -15, 3389.
6367 (DKILY), Daikin Industries Ltd, 14.15, -0.27, -668, 21747.
4502 (TAK.N), Takeda Pharmaceuticals SP ADR, 13.58, -0.08, -71, 4174.
7741 (HOCPY), Hoya Corporation, 118.70, 0.22, -492, 18243.
6503 (MIELY), Mitsubishi Electric Corp. unsponsored ADR, 33.96, -0.44, -51.5, 2610.
6981 (MRAAY), Murata Manufacturing Co Ltd, 11.22, -0.26, -129, 3449.
7751 (CAJPY) Canon 28.37 0.03 4360 -72. The company's performance was released, and it increased significantly with a year-on-year growth rate of 28.10% and a total sales volume of 18,000 kiloliters in 2023. In terms of product structure, the operating income of 10-30 billion yuan products were 4.01/12.88/0.06 billion yuan respectively.
6273 (SMCAY) SMC 23.27 -0.68 71527 -1993
7182 (JPPTY) Yucho Bank 8.75 -0.05 1345 -162
6146 (DSCSY) Disco 29.90 -1.90 45953 -2847
3382 (SVNDY) Seven & I Holdings 11.29 -0.17 1735 -30
8053 (SSUMY) Sumitomo Corporation 24.78 -0.57 3808 -91
6702 (FJTSY) Fujitsu 16.23 -0.47 2494 -58.5
6201 (TYIDY) Toyota Industries 84.18 -0.45 12937 -58
5108 (BRDCY) Bridgestone 19.26 -0.34 5920 -119
6178 (JPPHY) Japan Post 10.00 0.00 1537 -16
8002 (MARUY) Marubeni 185.31 -4.72 2848 -64
6723 (RNECY) Renesas 9.37 -0.38 2880 -111
6954 (FANUY) Fanuc 13.47 -0.17 4140 -108
8725 (MSADY) MS&AD Insurance Holdings 22.75 -0.88 3496 -92
8801 (MTSFY) Mitsui Fudosan 28.80 -0.90 1475 -43
6301 (KMTUY) Komatsu 29.93 -1.38 4600 -105
4901 (FUJIY) Fujifilm 11.46 -0.44 3523 -85
6594 (NJDCY) Nidec 11.52 0.14 7082 -118
6857 (ATEYY) Advantest 37.60 -1.40 5779 -296
4543 (TRUMY) Terumo 17.09 -0.34 2627 -79.5
8591 (IX.N) Orix 116.20 -3.41 3572 -57 9107 (KAIKY) Kawasaki Kisen 15.76 2422 138 6.04 7259 (ASEKY) Aisin Seiki 33.72 5182 118 2.33 9503 (KAEPY) Kansai Electric Power 8.41 2585 -4 -0.15 8411 (MFG.N) Mizuho FG 4.41 3389 -15 -0.44 6201 (TYIDY) Toyota Industries 84.18 12937 -58 -0.45
(Market capitalization top 50, converted to 1 dollar = 153.69 yen)
"Top 5 ADR gainers" (24th)
コード 銘柄名 終値 日本円換算価格 日本終値比 （％）
9107 (KAIKY) Kawasaki Kisen Co., Ltd. 15.76 2422 138 6.04
7259 (ASEKY) Aisin Seiki Co., Ltd. 33.72 5182 118 2.33
9503 (KAEPY) Kansai Electric Power Co., Inc. 8.41 2585 -4 -0.15
8411 (MFG.N) Mizuho Financial Group, Inc. 4.41 3389 -15 -0.44
6201 (TYIDY) Toyota Industries Corporation 84.18 12937 -58 -0.45
"Top 5 ADR decliners" (24th)
コード 銘柄名 終値 日本円換算価格 日本終値比 （％）
8750 (DLICY) Dai-ichi Life Holdings, Inc. 26.40 4057 -512 -11.21
7182 (JPPTY) Japan Post Bank Co., Ltd. 8.75 1345 -162 -10.75
8830 (MITEY) Sumitomo Realty & Development Co., Ltd. 14.00 4303 -517 -10.73
2801 (KIKOY) Kikkoman Corporation 23.40 1798 -136.5 -7.06
6146 (DSCSY) Disco Corporation 29.90 45953 -2847 -5.83
"US stock market overview" (24th)
NYDOW
Closing Price: 39853.87 Previous Day Comparison: -504.22
Opening Price: 40210.63 High: 40258.44 Low: 39807.45
Year-to-Date High: 41198.08 Year-to-Date Low: 37266.67
Previous Year High: 37,710.10, Previous Year Low: 31,819.14
NASDAQ
Closing Price: 17342.41 Previous Day Comparison: -654.94
Opening Price: 17733.91 High: 17747.06 Low: 17313.52
Year-to-date high: 18647.45 Year-to-date low: 14510.30.
Previous Year High: 15,099.18, Previous Year Low: 10,305.24
S&P 500
Closing Price: 5427.13 Previous Day Comparison: -128.61
Opening price: 5505.84, highest price: 5508.04, lowest price: 5419.98.
Year-to-date high: 5667.20, year-to-date low: 4688.68.
Previous Year High: 4,783.35, Previous Year Low: 3,808.10
US 30-year Treasury yield: 4.547%, US 10-year Treasury yield: 4.288%.
US stock market continued to fall. The Dow Jones closed at 39,853.87, down 504.22 points, and Nasdaq closed at 17,342.41, down 654.94 points. Disappointed with the poor financial results of some high-tech companies, selling led to a decline after opening. Since the world economic indicators were not good and the domestic new housing sales index was also weak, concerns about the economy also spread and the trend remained sluggish throughout the day. Towards the end of the day, profit-taking selling further accelerated the decline due to persistent political uncertainty, etc. In terms of sectors, telecommunication services and utilities industry rose, while automobiles/auto parts and semiconductors/related manufacturing equipment declined.
AT&T's (T) promotions were successful in the Q2 financial results, and the number of mobile phone subscribers increased significantly, which was well received and rose. Toy maker Mattel (MAT) saw the increase in gross profit margin due to cost cutting despite the sluggish demand in the quarterly results and was also bought on the speculation of acquisition. Despite the weak quarterly results, solar energy equipment manufacturer Enphase Energy (ENPH) rose on the expectation of bottoming out due to the resolution of oversupply issues. Tenet Healthcare (THC), which owns healthcare facilities, rose due to better-than-expected Q2 financial results, while electric vehicle maker Tesla (TSLA) suffered a big sell-off due to sluggish sales and price cuts, resulting in a 45% decrease in net profit. Although Visa (V), a credit card company, posted a 9% increase in profit in the Q2 financial results, the outlook was below expectations and it fell. Alphabet (GOOG), which operates Google, had an increase in revenue and profit in the Q2 financial results, but fell due to disappointing YouTube advertising revenue.
Computer solution company IBM (IBM) announced Q2 financial results after trading ended. The use of AI was successful and adjusted earnings per share exceeded expectations, leading to buying in extended hours trading. Ford (F), an auto manufacturer, fell in extended hours trading as earnings per share fell below expectations.
In 2023, the company's overall sales volume of 18,000 kiloliters, +28.10% year-on-year, significant growth. Product structure, 10-30 billion yuan products operating income of 401/1288/60 million yuan respectively.
Computer solution company IBM announced its Q2 earnings after the market closed. AI worked well and the adjusted earnings per share exceeded expectations, and it was bought in extended hours trading. Auto manufacturer Ford's earnings per share fell short of expectations and fell in extended hours trading.
(Horiko Capital Management LLC)