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Starting with the Nikkei average depreciation of 335 yen, sales of new US cars by 6 Japanese car companies increased 15% from January to March, leading HVs

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moomooニュース日本株 wrote a column · Apr 2 19:19
Starting with the Nikkei average depreciation of 335 yen, sales of new US cars by 6 Japanese car companies increased 15% from January to March, leading HVs
Good morning to all moomoo users!Here's an overview of this morning's turnaround. Thank you in advance.

Market Overview
Today's Nikkei Stock Average began at 39503.72 yen, 335.19 yen lower than the previous business day, and the Tokyo Stock Price Index (TOPIX) fell 16.98 points at 2697.47.
Starting with the Nikkei average depreciation of 335 yen, sales of new US cars by 6 Japanese car companies increased 15% from January to March, leading HVs
Top news
Foreign currency insurance cancels 60% before maturity Financial Services Agency warns of “frequent transfers”
An investigation by the Financial Services Agency revealed that approximately 60% of foreign currency-denominated lump-sum insurance was canceled within a short period of 4 years after enrollment. Most contracts expire in 10 years, and the Financial Services Agency is intensifying concerns that transfers to resell the same type of product after cancellation also occur frequently.

If the exchange transaction range breaks through the appreciation of the dollar, intervention is possible - former treasurer Yamazaki
Former treasurer Tatsuo Yamazaki, a specially appointed professor at the International University of Health and Welfare, expressed recognition that, based on recent yen depreciation statements from currency officials, if the appreciation of the dollar and depreciation of the yen progresses beyond the current transaction range, it is not strange for the government to intervene with yen buying at any time.

New US car sales by 6 Japanese car companies increased 15% from January to March, led by HV
$Toyota Motor (7203.JP)$New car sales in the US for the 2024/1-3 fiscal year, which were announced by 6 Japanese car companies on the 2nd, were approximately 1.43 million units. It was a 15% increase compared to the same period last year, and it was a 2-digit increase for 4 consecutive quarters. As electric vehicle (EV) sales decelerated in the United States, hybrid vehicles (HVs) that are more affordable than EVs, do not require charging, and are easy to use took the lead.

SoftBank G strengthened its adjustment color and dropped below the 25th line, and the stock price of English Arm, which is under its umbrella, is also soft
$SoftBank Group (9984.JP)$is searching for a lower price. Since March 22, there have been no days where it has risen compared to the previous day, and recently it has been moving below the 25-day moving average line, which is attracting sales for immediate risk avoidance.
Fast trial fall in March sales of existing UNIQLO stores in Japan fell 1.5%, and all stores increased 1.0%
$Fast Retailing (9983.JP)$has declined. The company announced on the 2nd that sales of existing UNIQLO stores and e-commerce in Japan for the March fiscal year were down 1.5% from the same month last year. Sales of directly managed stores+e-commerce increased 1.0% from the same period.
Nitori HD - solid sales of existing domestic stores increased 15% in the fiscal year of March, 3% increase in the current period
$Nitori Holdings (9843.JP)$It's solid. The company announced on the 2nd that domestic existing store sales for the March fiscal year were up 14.6% from the same month last year. There was a 2.9% increase from the previous fiscal year in the full year of 24.3.
Mizuho launches a new company with Sega in financial education in spring '25
$Mizuho Financial Group (8411.JP)$(FG) will establish a joint investment company to handle financial education business with a SEGA subsidiary on the 3rd. An application that allows parents and children to learn about the role of money and the economy in a game-like manner will be developed and launched in 2025/4.

Distribution source: Bloomberg, Nihon Keizai Shimbun, Traders Web, MINKABU
ー Moo Moo News Japanese stock Evelyn
Starting with the Nikkei average depreciation of 335 yen, sales of new US cars by 6 Japanese car companies increased 15% from January to March, leading HVs
Starting with the Nikkei average depreciation of 335 yen, sales of new US cars by 6 Japanese car companies increased 15% from January to March, leading HVs
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