J. Front Retailing, Ajinomoto, and others (Additional) Rating

Upgrade – Bullish‑rated stocks: Stock name, Brokerage firm, Previous rating, New rating ---------------------------------------------------------- <3046> JINSHDUBS "Neutral" → "Buy" <6506> Yaskawa Electric Corporation "2" → "1" <7762> Citizen JPM "Underperform" → "Neutral" <8056> BIPROGYS MBC Nikko Securities "2" → "1" <9020> JR East, Central Japan, Tokyo "

Fisco JapanMay 12 11:40

Sumitomo Forestry's stock price plummeted significantly as its first-quarter earnings fell far below market expectations.

A sharp decline followed. The company announced its first-quarter earnings the previous day, reporting an operating profit of 21.8 billion yen, a 42.2% decrease from the same period last year, falling significantly short of market expectations, which were around 35 billion yen. It appears that the main U.S. housing business continues to struggle due to prolonged high interest rates and the impact of the Middle East situation. The full-year forecast of 160 billion yen, representing an 8.5% decrease from the previous year, remains unchanged, but it seems they plan to revise it at the half-year results. Meanwhile, the market consensus for the full year stands above the company's projection at over 180 billion yen.

Fisco JapanMay 8 13:34

Sumitomo Forestry: Interim Report

EDINETMay 8 13:30 · Announcements

Yamazaki Baking, Keyence, and others (Additional) Rating

Upgrade - Bullish Stock Code Company Name Securities Firm Previous Rating New Rating --------------------------------------------------- <6098> Recruit HD UBS "Neutral" "Buy" <6135> Makino Milling Machine UBS "Neutral" "Buy" Downgrade - Bearish Stock Code Company Name Securities Firm Previous Rating New Rating ---------------------------------------------------

Fisco JapanMay 8 10:45

Sumitomo Forestry: Confirmation Letter

EDINETMay 8 09:35 · Announcements

Sumitomo Forestry: Amended Securities Report – Fiscal Year 86 (January 1, 2025 – December 31, 2025)

EDINETMay 8 09:27 · Announcements