Nippon Steel Corporation <5631> has significantly continued to decline. Today, in addition to the company, the declines of three major Heavy Equipment companies are notable, and selling pressure in key defense-related stocks seems to be predominant. Many stocks that rose significantly in 2024 are showing signs of profit-taking ahead of the year-end and New Year holidays. Additionally, the government made a cabinet decision on the defense budget plan for fiscal year 2025 last weekend, reportedly reaching a record high of 8 trillion 700.5 billion yen, but this is seen as potentially leading to a sense of exhaustion regarding short-term materials.