.JPXN400 JPX-Nikkei Index 400 (© JPX Market Innovation & Research, Inc., Nikkei Inc.)
- 25200.380
- -178.920-0.70%
Express News | Oracle's pre-market trading rose nearly 9%, with the company expecting cloud demand to drive double-digit revenue growth.
Market attention will shift to the Bank of Japan meeting after the FOMC meeting.
The Nikkei average fell for the first time in three days, closing the trading at 38,876.71 yen, a decline of 258.08 yen (with a volume of approximately 1.5 billion shares traded). Ahead of the release of the May Consumer Price Index (CPI) in the United States tonight and the results of the Federal Open Market Committee (FOMC) to be revealed in the early hours of tomorrow Japan time, profit-taking sales and adjusted sell-offs took the lead. The Nikkei average widened its losses in the morning session, cutting below the psychological milestone of the 39,000 yen range, dropping to the level of 38,809.36 yen. However, the downside selling pressure eased.
Undervalued! Asset management giants are bullish on Japanese financial stocks.
Although Japanese financial companies have steadily risen over the past year, they still appear to be undervalued, and increasing dividend payments make them a good investment option.
The Nikkei average fell back after 3 days and entered a stalemate after selling ahead of the FOMC.
The US stock market was mixed on the 11th. The Dow Jones fell 120.62 dollars (-0.31%) to 38,747.42 dollars, the Nasdaq rose 151.02 points (+0.88%) to 17,343.55, and the S&P 500 closed at 5,375.32, up 14.53 points (+0.27%). Ahead of the release of the Federal Open Market Committee (FOMC) and the Consumer Price Index (CPI), it was sold on caution, and fell after opening. The Dow was worried about commercial real estate and sold off in the banking sector.
Express News | Japanese stock market review: Nikkei 225 index fell 0.66%, and Naikamura Zosen Corporation rose more than 4% against the trend.
Hitachi, Shizuoka FG, etc. (additional) Rating
Upgrade - Bullish Code | Stock Name | Securities Company | Conventional | After Modification | ----- | ------------ - | ---------- | ------------ | --------- | <3923> | Lax | Nomura | "Neutral" | "Buy" | <5947> | Rinnai | SMBC Nikko | "3" | "2" | <9142> | JR Kyushu | SMBC Nikko | "3"
Toho Co. Ltd. - significant decline, negative view of the slump in box office revenue in May.
Greatly decreased. The box office revenue for the movie division in May, which was announced the previous day, is being viewed negatively. The revenue decreased by 40.2% compared to the same month last year, to 4.86 billion yen, and the decline has widened from the 13.5% decrease in April, which had turned negative compared to the previous year. May was the largest revenue period during the Golden Week, but in May 2024, the box office revenue has reached the lowest level so far this year. The total revenue from January to May has also turned negative compared to the previous year.
Wacoal Holdings, Proto Corporation, etc.
＜2055＞ NIHWA SANGYO Co., Ltd. / JujiMojichicken Company, Ltd. shareholding ratio: 6.00% → 6.86%, obligation to report date: June 7, 2024 ＜2134＞ Can Capital Management Co., Ltd. / SUN ORGANIC FARM Co., Ltd. shareholding ratio: 73.86% → 74.83%, obligation to report date: June 4, 2024 ＜2332＞ QUEST Co., Ltd. / Hiroshi Uchida shareholding ratio: 21.06 % → 20%.
Express News | The Japanese stock market opened lower, with the nikkei 225 index falling 0.7%, and Mitsubishi Corporation falling more than 2%.
June 12th [Today's Investment Strategy]
[FISCO selected stock][Material Stock] Raksul<4384> operates a print and advertising sharing platform. The company released its Q3 earnings report. Cumulative operating profit increased by 50.2% compared to the same period last year to 2.189 billion yen. Its flagship product, Raksul Enterprise, continues to perform well with over 2,000 companies adopting it. Operating profit for the July 2024 fiscal year is expected to increase by 30.3% compared to the previous year to 2.3 billion yen. At the same time, the company has changed its dividend policy and will distribute dividends at the end of the term.
List of stock information from newspapers including Meiko and Marubeni.
*Meiko <6787> Kawasaki Heavy Industries and the self-propelled robot, print board hole punching machine for (Nikkan Kogyo 1st page) - ○ * Marubeni <8002> enters into operating industrial parks in Vietnam, responding to the needs of site decentralization (Nikkan Kogyo 1st page) - ○ * NTT <9432> new medical data company, aiming for 10 billion yen in revenue in FY 2029 (Nikkan Kogyo 3rd page) - ○ * Hitachi <6501> strengthens IoT infrastructure with generated AI, implements data center development and staff training (Nikkan Kogyo 3rd page) - ○ * Japan Zeon <4205> sets up a high-functioning resin factory in Yamaguchi, Japan.
After the selling wave is over, the market will focus on stability.
[Stock Opening Comment] It appears that the Japanese stock market on the 12th will have a strong stalemate. On the 11th, the US market saw the NY Dow fall by 120 dollars, while the Nasdaq rose by 151 points. Ahead of the announcement of the May US Consumer Price Index (CPI) and the Federal Open Market Committee (FOMC) the next day, selling for position adjustments became dominant. On the other hand, some high-tech stocks, such as Apple, were bought and a part of the Nasdaq remained firm, updating its all-time high daily. Chicago Nikkei 2
Tempo's HD, ANYCOLOR, Tomoe Kogyo, and Japan M&A (12th).
*The above calendar is just a schedule and is subject to change due to company circumstances. ---------------------------------------June 12th (Wednesday) <2751> Tempus HD <2776> Shinto HD <3419> Art Green <3458> seer inc <3539> JMHD <3955> Imura Envelope <4026> Kamijima Chemicals <4599> Stem Inc
After the purchasing circle, observe the situation before important events in Japan and the United States.
The Nikkei average continued to rise, closing at 39,134.79 yen, up 96.63 yen (+0.25%) with a trading volume estimated at 1.37 billion shares. Following the trend of buying high-tech stocks in the US market with little movement the previous day, buy orders also went to semiconductor-related stocks, and buying orders also came in for banks and resource-related stocks, reflecting rising US long-term interest rates and high crude oil market conditions. The Nikkei average increased its gains and reached a level of 39,336.66 yen in the mid-morning of the morning session. The Federal Open Market Committee (FOMC) is also starting in the United States.
Nikkei Average continues to rise, while trade is slow, Toshiba Electronic is leading and breaking through the 75-day moving average.
US stock market rebounded on the 10th. The Dow Jones rose by 69.05 points (+0.18%) to 38,868.04, the Nasdaq rose by 59.40 points (+0.35%) to 17,192.53, and the S&P 500 rose by 13.80 points (+0.26%) to 5,360.79 at the close of trading. It was sold off due to the retreat of early rate cuts and fell after the opening. At the same time, Soft Landing Expectation supported the downside, and Apple is expected to announce new artificial intelligence (AI) functions at its event.
Express News | Japanese stocks closed mixed, with the Nikkei 225 Index up 0.25%, Tokyo Electron Ltd. unsponsored ADR up more than 2%.
Active and newly listed stocks during the morning session.
*Pharmaceutical Foods <2929> 1012 +150. The third quarter operating profit exceeded the annual plan. *K&O Energy Group <1663> 4165 +365. The rise of Ise Chemicals as related to iodine also stimulated. *Eternal Hospitality Group <3193> 3945 +300. Ratings were raised by Ichiyoshi Securities. *Tokyo Keiki <7721> 3220 +221. Positive reports were released by Daiwa Securities. *Japan Micronics <6871>
Tokyo Suisan, Sumitomo Electric, etc. (added) Rating.
Upgrade to bullish code | Stock name | Brokerage firm | Before | After | ------|-----------------|----------|--------------|------------| <5801> | Furukawa Electric Co., Ltd. | Daiwa | "3" | "2" | <7276> | Koito Manufacturing Co., Ltd. | City | "3" | "2" | <90>
ICDA Holdings, KLab, etc.
<2134> Sun Organic Farm Co., Ltd., represented by Koyasu Sasaki, Executive Director, Can Capital Management Co., Ltd., shareholding ratio 0.00% → 73.86%, obligation to report occurred on May 29, 2024 <3030> Hub Co., Ltd., Mixi Co., Ltd., shareholding ratio 19.62% → 19.62%, obligation to report occurred on October 1, 2022 <3184> ICDA Holdings Co., Ltd., Fractal Business Co., Ltd., shareholding...
Rating [security companies rating]
Upgrade - Bullish Code | Stock Name | Security Company | Previous | After Change | ------ | ----------------- | --------- | -------------- | ----------------- | <3226> | Akomo F | CLSA | "Under P" | "Out P" | <9039> | Sakai Moving | Daiwa | "3"