The Nikkei average started with a depreciation of 207 yen, and the appreciation of the yen weighed on risk in the US stock market

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Toyota is wary of the effects of soft price movements, yen appreciation progression, and certification fraud issues
$Toyota Motor (7203.JP)$It has developed a sales advantage. The content of FRB Chairman Powell's speech at the Jackson Hole meeting held the previous week was dovish, and views spread that the FRB has a positive attitude towards early interest rate cuts, inducing movements in dollar sales and yen buying in the foreign exchange market, and there is a sense of caution that export profitability will decline in the automobile sector with high exchange sensitivity, starting with the company. Also, it was revealed on the 23rd that Daihatsu Motor, which is under the umbrella of the company, will stop production of multiple models from the end of October, and the Toyota Group is once again aware that the effects of the certification fraud issue have come to an end, and it has become a burden on stock prices.

Mitsubishi UFJ, Dai-ichi Life HD, etc. have heavy price increases, and there is a sense of caution that operating interest will shrink due to falling long-term interest rates in the US ◇
$Dai-ichi Life Holdings (8750.JP)$In addition to developments where sales are being pushed slightly, $Dai-ichi Life Holdings (8750.JP)$The higher price has also remained weak due to heavy developments. In the US stock market the day before, in response to FRB Chairman Powell's lecture at the Jackson Hole meeting, long-term US interest rates declined and became a tailwind for the overall market price, but there is also a sense of caution that investment interest will shrink for Japanese banks and life insurance companies that develop US business.

Factors behind the value of Seven & i and the supermarket business being left undervalued at 3%
Canadian distribution giant Alimantacion Couchthard $Seven & i Holdings (3382.JP)$ What prompted Seven & I to propose an acquisition was the slump in Seven & i's stock price. The current total market value is about 20% less than the accumulated value of each business. The background is that structural reforms have been delayed and investors' expectations for growth have plummeted.

Takeda to sell vaccines in the U.S. First, dengue fever, mega pharma monopoly
$Takeda Pharmaceutical (4502.JP)$It is a policy to sell vaccines in the United States. First, apply to the authorities for an examination for dengue fever. If approved, it will be the first Japanese company to enter the rice market. Major Western pharmaceutical companies held 80% of the global market for vaccines, and there was competition due to the novel coronavirus disaster. If the number of products distributed in major countries increases and the competitiveness of domestic forces increases, it will also lead to an improvement in Japan's medical security.

Distribution source: Nihon Keizai Shimbun, MINKABU
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