Nikkei average opens more than 500 yen lower, selling off sharply. After the first round, it is easier to enter buying on price dips.

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FRB cuts interest rates by 0.25 points, suggesting a slowdown in pace next year.
The Federal Reserve Board of the United States (FRB) decided to further lower the policy interest rate target by an additional 0.25 points at the Federal Open Market Committee (FOMC) meeting held until the 18th. However, it hinted at increased uncertainty about the magnitude and pace of future rate cuts.

The last important event! If the December rate hike is postponed, will 'Trump risk' be inevitable and will the yen depreciation accelerate? [Bank of Japan Meeting Preview]
The last important event for the domestic market this year is,The Bank of Japan's monetary policy decision meeting on December 18-19will take place. The decision will be announced around noon on the 19th, with Governor Kuroda holding a press conference in the afternoon.

Individual stock strategy (morning session) FOMC provides selling factors for US stocks / Attention to Sell Net and Pias.
Is the Tokyo market significantly down in the morning session? As expected by most, the policy interest rate was lowered by 0.25% at the FOMC meeting. However, the outlook for the number of rate cuts in 2025 was halved from the previous 4 times to 2 times, resulting in the Dow Jones Industrial Average falling by 1123 points to 42,326 points. The CME225 futures suggest a significant downturn start at ¥38,460, down ¥740 compared to the daytime closing price of the TSE, signaling an anticipated tough market environment. The USD/JPY is trading around the 154.60 yen level.

Advantest - Sell orders increase as the pace of US rate cuts slows, causing the SOX index to drop by nearly 4%. Micron also saw a sharp decline in after-hours trading.
$Advantest (6857.JP)$ Selling pressure. Concerns about the decline in US high-tech stocks and $Micron Technology (MU.US)$Investors are becoming disgusted with the sharp decline in after-hours trading.

DWTI - sharp rise. Patents related to retinopathy of prematurity and diagnostic drugs for retinopathy of prematurity were established in Taiwan.
$D. Western Therapeutics Institute (4576.JP)$The stock price surged. On the 18th, the company announced that patents related to retinopathy of prematurity and diagnostic drugs for retinopathy of prematurity, obtained by the company's subsidiary Japan Innovative Therapeutics (JIT), have been granted in Taiwan.

ADR Japanese Stock Rankings: Disco and others mostly down, Chicago down ¥740 compared to Osaka at ¥38,460.
ADRs (American Depositary Receipts) of Japanese stocks, when compared to the Tokyo Stock Exchange (at an exchange rate of 154.66 yen per US dollar), $Japan Post Bank (7182.JP)$、 $Disco (6146.JP)$ 、 $Renesas Electronics (6723.JP)$、 $Nidec (6594.JP)$、 $Advantest (6857.JP)$ 、 $SoftBank Group (9984.JP)$、 $Tokyo Electron (8035.JP)$ETC fell, with almost a complete decline. The Chicago Nikkei 225 futures settlement price was 740 yen lower at 38,460 yen compared to Osaka's daytime closing price.

Kioxia listed, closing at 10% higher than the first price despite the initial drop, with expectations of profit expansion by capturing demand for AI data centers.
Leading memory semiconductor company $Kioxia Holdings (285A.JP)$listed on the Tokyo Stock Exchange Prime Market through an IPO on the 18th. The opening price of 1440 yen was 1% below the public price of 1455 yen.October's IPO exceeded the opening price by 36% over the public price, surpassing a market cap of 1 trillion yen on the first day, lacking the popularity compared to that, but after the initial price, it rebounded and increased.Listed in October. $Tokyo Metro (9023.JP)$After setting the opening price, the stock rebounded and continued to riseachieving a steady upward trend with support from large orders. The recovery in demand for smartphones and PCs contributed to this.After setting the opening price, the stock rebounded and continued to rise, with strong support from large orders. The recovery in demand for smartphones and PCs contributed to this.The period from April to September of fiscal year 24 turned profitable.and.Expectations are growing for an increase in demand for AI Datacenter.It seems that there was a surge in buying.It exceeded the public offering price by 10%.Based on the closing price of 1601 yen, the market cap reached approximately 863 billion yen.

The shocking news of the 'Honda-Nissan merger'! Even affiliate manufacturers with a trading halt! Are there 2 listed subsidiaries as 'dark horse'?
$Honda Motor (7267.JP)$ and $Nissan Motor (7201.JP)$The news reported by Nikkei on the 18th that they will enter into discussions for a management integration has made it clear that the reorganization of the automobile industry, which is said to be a "once-in-a-century transformation period" such as the EV shift, has entered a new stage, and has had a significant impact on the market.

【Looking back at 2024】 Revealing the top 10 high dividend Japanese stocks! Long-term performance significantly outperforms US stocks!
Looking back at 2024,High-dividend stocks remain an attractive option for investors.The dividend yield refers to the ratio of dividends to the current stock price, with 4% or higher generally considered high-dividend. It is a popular investment style that many people practice with a focus on long-term Shareholding.