Tokyo Market Summary: The Nikkei average rebounds, recognizing the importance of "Sovereign AI Capability" investment in Japan - NVIDIA CEO.

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Value stocks, next challenge lies in diversification review.
Over the past 20 years, Japanese companies have greatly expanded their performance, but their profitability remains lower compared to European and American companies. Looking at the Return on Equity (ROE) of major companies, the U.S. stands at 19%, Europe at 15%, while Japan remains at 9% (FactSet, 2023). One reason is the low profitability of diversified companies.

Japan Recognizes the Importance of 'Sovereign AI Capability' Investment - NVIDIA CEO
Top U.S. semiconductor company. $NVIDIA (NVDA.US)$Jensen Huang, CEO of NVIDIA, stated on the 1st that the demand for the company's products will increase as countries around the world aim to build and operate artificial intelligence (AI) infrastructure in their own countries. Huang mentioned in an interview with Bloomberg Television that countries like India, Japan, France, and Canada are discussing the importance of investment in 'Sovereign AI Capability'.

$Toyota Motor (7203.JP)$は国内の完成車工場について、稼働時間の上限を1日当たり平均約30分間短縮する運用を2月から始めた。半導体不足の回復に伴って高水準の生産が続いており、現場の負担を和らげ、点検や研修などの時間を確保できるようにする。

ドコモの通信品質改善「9割以上完了」　パケ詰まり解消
NTTドコモは2日、データ通信の品質改善に関する集中対策について9割以上で取り組みを終えたと明らかにした。ドコモでは2023年以降、東京23区や大阪、名古屋など都市部を中心にデータ通信の速度が低下する「パケ詰まり」と呼ばれる問題が起きていた。建物内などではまだつながりにくい地点が残り、対応を急ぐ。

注目銘柄
デンソーが業績予想引き下げ、燃料ポンプリコールで－揺らぐ信頼
デンソーは同社製の燃料ポンプの不具合で拡大するリコール(無償修理・回収)に伴う費用を計上し、今期(2024年3月期)営業利益見通しを従来計画から21%引き下げた。同社の2日の発表によると、今期営業利益計画は前期比16%増の495 billion円に従来の630 billion円から下方修正した。市場予想の619.9 billion円を大きく下回る。

アイシン、純利益50 billion円下振れ　米リコールで品質費用
$Toyota Motor (7203.JP)$系の $Aisin (7259.JP)$On the 2nd, it announced that the consolidated net profit (according to international accounting standards) outlook for the fiscal year ending March 2024 is likely to be 90 billion yen, 2.4 times higher than the previous period. It fell short by 50 billion yen compared to the previous forecast. Due to Toyota's recall of approximately 1 million vehicles in the USA for airbag sensors manufactured by a subsidiary, a quality-related expense of 63 billion yen was recorded in the operating profit and loss for the period of October to December 2023.

H2O Retailing - Sharp increase, total store revenue for January increased by 16%
$H2O Retailing (8242.JP)$Surged. The company announced on the 1st that the total department store revenue for the month of January increased by 16.2% compared to the same month last year on a flash report basis. With no restrictions due to the COVID-19 pandemic, the New Year started well, and all stores had generally strong New Year's sales. In particular, stores such as Hankyu Umeda Main Store, which saw improved customer awareness for rebuilding due to a large-scale sale related to the Hanshin Tigers last year, and Kobe Hankyu, which completed a full renewal, saw double-digit growth.

Hulic sets aside 50 billion yen for overseas investments in elderly housing in the USA
$Hulic (3003.JP)$On the 2nd, it announced that it has set up a maximum investment framework of 50 billion yen for overseas business. It will first expand investments in the development of elderly housing projects in the USA. While expanding its business focusing on domestic offices, it is preparing for the contraction of the real estate market due to declining population. It aims to grow its overseas business to around 10 billion yen in terms of ordinary profit.

Tencent and Nexon's stock prices spike - China approves awaited mobile games
The stock prices of Tencent Holdings, a major Chinese internet company, and $NEXON (3659.JP)$Nexon surged on the 2nd. Chinese authorities approved the long-awaited mobile title 'Arad Senki: The Dungeon and Brave: Origin' that had not been approved for years.