Selling pressure mounts on AI-related stocks and others amid aversion to Middle East risks and rising long-term interest rates.

The Nikkei Stock Average posted a sharp decline for the first time in six trading sessions, closing down 1,759.52 points at 67,460.73 (with estimated trading volume of 2.21 billion shares). Profit-taking emerged amid caution over the recent streak of gains, causing the Nikkei to open lower. Additionally, rising crude oil prices due to concerns over the Middle East situation heightened fears of increasing inflationary pressures, while rising domestic long-term interest rates also weighed on the market. Furthermore, the Korea Composite Stock Price Index (KOSPI), which had been firm in the morning session, turned negative.

Fisco Japan15:23

Mitsuba: Two-wheeler business in India drives performance, while expansion into non-automotive sectors and normalization of capital policy progress.

Mitsuba Corporation (7280) is an independent automotive electrical components manufacturer headquartered in Kiryu City, Gunma Prefecture. Leveraging its core expertise in motor manufacturing and control technologies developed since its founding, the company supplies automakers with electrical components centered on small and medium-sized motors, including wiper systems and power window motors for four-wheeled vehicles, as well as starter motors and fuel pump modules for two-wheeled vehicles. Although it is an independent entity not affiliated with the capital groups of specific automakers, it began supplying starter motors around 1960.

Fisco Japan14:28

Rating [Ratings by Securities Firms]

Upgrades to Bullish Codes Security Name Brokerage Previous Revised ------------------------------------------ <7267> Honda Iwai Cosmo "B+" "A" <9101> NYK Line SBI Securities "Neutral" "Buy"

Fisco Japan07:30

J-POWER, Mitsubishi Motors, and others

* Astellas Pharma <4503>: The Japanese pharmaceutical company is establishing China as a research hub to enhance its emerging drug discovery capabilities, intensifying competition with Western firms for seed technologies (Nikkan Kogyo, p.1) - ○ * J-POWER <9513>: Entering the data center business by constructing container-type facilities in Hokkaido (Nikkan Kogyo, p.3) - ○ * Tokyo Gas <9531>: Disclosing operational status of e-methane plants and promoting their adoption in collaboration with the Tokyo Metropolitan Government (Nikkan Kogyo, p.3) - ○ * Hitachi <6501>: Hitachi Energy to invest 47.7 billion yen in China to expand transformer production (Nikkan Kogyo, p.3) - ○ * Mitsubishi Motors <7211>: Foxconn

Fisco Japan07:22

The possibility of a U.S. military attack on Oman.

[Defense] U.S. President Donald Trump is reported to have indicated on the 17th that he is prepared to bomb Oman if it "interferes" with efforts to reach a peace agreement with Iran. According to Fox News, President Trump stated in a telephone interview on the same day, "If Oman interferes, our country will bomb them heavily." <7011> Mitsubishi Heavy Industries <7012> Kawasaki Heavy Industries <6503> Mitsubishi Electric <7270> SUBARU <722

Fisco Japan05:24

NEXT FUNDS FTSE Japan ex-REITs High Income Cash Flow 50 Index Exchange Traded Fund: Notice of ETF Distributions

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