Tokyo Market Summary: Nikkei Average continues to rise for 3 days, recruitment candidates become popular due to TOPIX review

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Recruitment candidates became popular due to the TOPIX review, and standard McDo HD
In response to the Japan Exchange Group announcing a review of the Tokyo Stock Price Index (TOPIX) on the 19th, buyers gathered for major stocks in the Tokyo Stock Exchange Standard and Growth Market that are expected to be adopted in the index after renewal. Eating out at the Japanese stock market on the 20th $McDonald's Holdings Co (Japan) (2702.JP)$It recorded an intraday rate of increase for the first time in four and a half months since 2/9, at 6400 yen, 4.6% higher than the day before. Speed reducers for semiconductor manufacturing equipment $Harmonic Drive Systems (6324.JP)$The online bank's is also 5.7% higher at 4,485 yen $SBI Sumishin Net Bank (7163.JP)$Is 2,893 yen, which is 3.9% higher, for a dental supplies manufacturer $Nakanishi (7716.JP)$There was a scene where it rose 6.8% to 2,557 yen.
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Measures to prevent the recurrence of Nidec's stock price fall “inadequate report” were also announced
$Nidec (6594.JP)$has declined. At one point, it dropped 3.84% to 7244 yen. Since stock prices have been on an upward trend since around mid-June due to growth expectations related to generative AI, today there is also a deterioration in the overall market situation, and sales for profit determination purposes are being pushed. Nidec announced on the 19th that it has implemented measures to prevent recurrence to correct deficiencies in the internal control report for the fiscal year ending 2024/3. Saito Kazuyoshi, senior analyst at Iwai Cosmo Securities, said, “The series of deficiencies themselves have been reported for a long time, but today it is easy to respond to small news due to material difficulties. The fact that concerns about governance were once again brought to mind is also spurring sales,” he pointed out.

SoftBank President G Son, Aiming for Big Skills Overseas Dynamically - Investment Strategy
$SoftBank Group (9984.JP)$President Masayoshi Son attended the general shareholders' meeting of domestic telecommunications subsidiaries on the 20th and said, “We aim for the next big game, mainly overseas. We will do it dynamically,” he said about future investment strategies.

Mitsubishi's own president says it can compete with Chinese EVs - HV, and after-sales service is a weapon
$Mitsubishi Motors (7211.JP)$On the 20th, President Takao Kato expressed the view that while electric vehicles (EVs) from Chinese manufacturers that are increasing their presence are “honestly a threat,” it is possible to counter them by utilizing service networks, etc. that have been built over many years.
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Ownership of 8 brands such as Denso, Toyota Boshoku, and Toyota Tsusho has dropped to zero - reported
$Toyota Motor (7203.JP)$Major parts manufacturers $Denso (6902.JP)$It became known on the 20th that the shares in 8 brands, including Toyota Boshoku and Toyota Tsusho of the same Toyota Group, owned by the same Toyota Group, went to zero. According to Denso's securities report, shares in Toyota Gosei, Hino Motors, Aichi Steel, Tokai Rika, Daido Steel, and Fine Sinter, which were also held as specific investment stocks, have dropped to zero.