Three points to watch in the morning session. - A stance of aiming for pullbacks while keeping an eye on the trends in futures and foreign exchange markets
●$Park24 (4666.JP)$For the 11-7 month period (3Q cumulative), operating profit increased by 14%, while net profit decreased by 4.2%, reflecting the impact of the rebound in corporate tax adjustments from the previous period. The number of members and usage has been steadily increasing due to the implementation of campaigns such as improving convenience and promoting usage. The number of additional vehicles increased by 7,603, and the number of additional rental locations increased to 3,101, resulting in an increase in usage fees per vehicle despite the increase in vehicles, in line with demand and regional characteristics.
Highlights of the morning session:$Koito Manufacturing (7276.JP)$Increase in production of car lamps, with a 33 billion yen investment in Mexico and Brazil over 5 years.
Active stocks, hot stocks U.S. long-term interest rates rose following the August retail sales, leading to a favorable shift in the direction of the USD/JPY exchange rate. This has led to the purchase of export stocks such as automobiles and semiconductor-related stocks. The Nikkei average widened its gain by more than 400 yen at one point, but later narrowed the increase. There are concerns about geopolitical risks and the worsening situation in the Middle East, which has led to a rise in crude oil futures and high prices for petroleum and coal products.
$SanBio (4592.JP)$Continues to decline, with a widened loss in the final results for the May-July quarter (2Q).
$Toyota Motor (7203.JP)$Makes a comeback, with a focus on the rapid yen depreciation that caused the PBR to fall below 1. There are movements to take advantage of this opportunity.
$Mazda Motor (7261.JP)$Significant increase, as a favorable shift in the USD/JPY exchange rate is encouraging for automotive stocks.
$Kasumigaseki Capital (3498.JP)$Net profit is significantly higher, freezes and refrigerated warehouses to triple by 2027, with an investment scale of 200 billion yen