Meyar Swings to FY25 Profit; Revenue Up

MT NewswiresMar 31 17:06

Afternoon session [Stocks that moved and stocks that were traded]

*Land Net <2991> 611 -14: First-half operating profit declined by 10.8%. Shifted to a profit decline from the 1.4% increase in the first quarter. Selling pressure increased but formed a long lower shadow. *Fujikura <5803> 26520 +820: Investing up to 300 billion yen to expand optical fiber production capacity. *Tomoe Kogyo <6309> 1914 -84: First-quarter operating profit decreased by 6.8%. *Imra <3955> 908 -32: Operating profit expected to fall 13.0% from the previous term and 38.4% this term. *Pharma F <29

Fisco JapanMar 13 15:10

Stocks that moved or traded actively in the morning session.

*Japan Display <6740> 93 +14 announced the cancellation of the spin-off of its automotive display business. *Samco <6387> 6880 +1000 received positive evaluation driven by further expansion in first-half order intake. *Toyo Engineering <6330> 2691 +174 associated stocks purchased amid concerns over a potential fertilizer supply shock. *Sumitomo Chemical <4005> 509.5 +27 Morgan Stanley MUFG Securities raised its target price. *Shimamura <8227> 3521.

Fisco JapanMar 13 12:55

Stocks hitting upper or lower price limits in the morning session.

■Limit Up <1514> Sumitomo Metal Mining Holdings <206A> PRISM BioLab <485A> Power X <6387> Samco <7719> Tokyo Seiki <9565> GLOE ■Limit Down <7777> 3D Matrix ※Includes temporary limit up/down (indicative prices).

Fisco JapanMar 13 11:04

Selling pressure has dominated due to the weak performance and decline in U.S. stocks, but the downside appears to be well-supported.

[Emerging Market Stock Strategy] The emerging market is expected to remain sluggish today. On the previous day, February 12, the Dow Jones Industrial Average fell significantly for the third consecutive day, declining by 739.42 points (-1.56%) to close at 46,677.85. Following a statement from Iran's new Supreme Leader, concerns over the potential closure of the Strait of Hormuz intensified, leading to a further rise in crude oil prices and driving the market lower. Persistent concerns about private credit also added selling pressure, with selling dominating throughout the session. Today's emerging market

Fisco JapanMar 13 07:20

Toho Co., Ltd. reported a 4.8% increase in operating profit to 7.853 billion yen for the fiscal year ending January 26, and forecasts a 4.4% increase to 8.2 billion yen for the fiscal year ending January 27.

Toho Co., Ltd. <8142> announced its consolidated financial results for the fiscal year ending January 2026, reporting a year-on-year increase of 5.4% in net sales to 259.747 billion yen and a 4.8% rise in operating income to 7.853 billion yen. Despite the impact of exiting the food supermarket business, sales of commercial food products for the foodservice industry remained robust, particularly within the domestic market. For the fiscal year ending January 2027, the company forecasts a 5.5% year-on-year increase in net sales to 274 billion yen and a 4.4% rise in operating income to 8.2 billion yen [Positive Evaluation] <7196>.

Fisco JapanMar 13 04:45