TOKAI---Disposition of Treasury Shares Related to Stock Grant Trust BBT

TOKAI Holdings <3167> announced on the 6th that it will dispose of its treasury shares in connection with an additional contribution to the Share Benefit Trust (BBT (Board Benefit Trust)). This disposal of treasury shares involves making an additional cash contribution to enable the Trust to acquire shares anticipated to be required for future benefit payouts, and transferring them to Japan Custody Bank (Trust Account E), a subsidiary of Mizuho Financial Group <8411>, which has received a sub-trust from the trustee.

Fisco JapanAug 7 19:18

The market is on a recovery track, driven by buying of stocks with strong earnings, among other factors.

The Nikkei average edged lower for a second consecutive session, closing down 76.55 yen at 65,606.71 with an estimated trading volume of 2.87 billion shares. In early trading, short-covering buying led the market amid a rebound from the previous day's decline. Shortly after the opening, the Nikkei rose to 65,990.72. However, SoftBank Group <9984> faced selling pressure after announcing its earnings after the previous day's close. Lasertec <6920> also plunged after reporting earnings that fell short of market expectations, prompting broader selling in semiconductor and AI-related stocks, as well as Fuji Fi...

Fisco JapanAug 7 15:20

Haseko, ZOZO, and Others (Added) Rating

Upgrades - Bullish Code Stock Name Brokerage Previous Revised------------------------------------------------------------<4188> Mitsubishi Chemical GSBI "Neutral" "Buy" <4483> JMDC Tokai Tokyo "Neutral" "Outperform" Downgrades - Bearish Code Stock Name Brokerage Previous Revised-----------------------------------------------

Fisco JapanAug 7 13:14

Assess the underlying strength of semiconductor and AI-related stocks.

[Equity Opening Comment] On the 7th, the Japanese stock market is expected to see dip-buying amid a backdrop of profit-taking following the sell-off in U.S. equities. In the U.S. market on the 6th, Dow Inc fell 464 dollars, and Nasdaq dropped 15 points. According to a draft agreement between Iran and Oman aimed at reopening the Strait of Hormuz, the proposal includes provisions barring the passage of U.S. and Israeli vessels. With an agreement appearing out of reach, rising crude oil futures prices weighed on the market. The U.S. Federal Reserve (FRB)

Fisco JapanAug 7 07:28

Kawasaki Heavy Industries, Japan Post Bank, Olympus, and Mitsui O.S.K. Lines (7th) (6005-9987)

*Please note that the above calendar is purely tentative and subject to change due to corporate circumstances.---------------------------------------Friday, August 7 <6005> Miura <6029> Atla G<6055> J Materials <6072> Jiban Net Holdings<6073> Asante <6087> Abist<6089> Will G <6090> HMT<6098

Fisco JapanAug 7 05:30

A one-person business generating $1 million in annual revenue.

[Generative AI] Reports indicate that AI tools have made solo entrepreneurship more accessible, with many founders continuing to operate as sole proprietors even after achieving growth. In December last year, California resident Ben Broka launched a company providing artificial intelligence (AI) tools for entrepreneurs. The company has already acquired 10,000 paying customers and is projected to reach $10 million (approximately 1.567 billion yen) in revenue this year. <6702> Fujitsu <7046> TDSE<4011> Head

Fisco JapanAug 7 04:18