Tokyo Market Summary: Nikkei Average falls, yen sharply weakens, Finance Minister's remarks lack conviction, Bank of Japan's 'tolerance' provides a sense of security for selling.
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● The Nikkei Average closed at 37,703.32 yen, down 260.65 yen from the previous trading day.
● Yen sharply weakens, Finance Minister's remarks lack conviction, providing a sense of security for Bank of Japan's 'tolerance' selling.
● World manufacturing sees profit growth for the first time in 5 quarters, driven by US consumption in October to December.
Automobile major labor unions submit demands, Toyota and Nissan reach record levels.
JT - significant decline, negative view of this fiscal year's profit guidance.
Rakuten Group, previous fiscal year's final result narrowed losses, landing. For October-December period (4Q), final results show expanded losses, and this fiscal year's performance is not disclosed.
●Hot Stocks: $Japan Tobacco (2914.JP)$、 $Rakuten Group (4755.JP)$、 $Mitsubishi Motors (7211.JP)$etc
- Moomoo News Japan Stocks Vicky
● The Nikkei Average closed at 37,703.32 yen, down 260.65 yen from the previous trading day.
● Yen sharply weakens, Finance Minister's remarks lack conviction, providing a sense of security for Bank of Japan's 'tolerance' selling.
● World manufacturing sees profit growth for the first time in 5 quarters, driven by US consumption in October to December.
Automobile major labor unions submit demands, Toyota and Nissan reach record levels.
JT - significant decline, negative view of this fiscal year's profit guidance.
Rakuten Group, previous fiscal year's final result narrowed losses, landing. For October-December period (4Q), final results show expanded losses, and this fiscal year's performance is not disclosed.
●Hot Stocks: $Japan Tobacco (2914.JP)$、 $Rakuten Group (4755.JP)$、 $Mitsubishi Motors (7211.JP)$etc
- Moomoo News Japan Stocks Vicky
Market Overview
In today's Tokyo stock market, the Nikkei Stock Average closed at 37,703.32 yen, down 260.65 yen from the previous trading day, while the Tokyo Stock Price Index (TOPIX) closed at 2,584.59, down 27.44 points.
In today's Tokyo stock market, the Nikkei Stock Average closed at 37,703.32 yen, down 260.65 yen from the previous trading day, while the Tokyo Stock Price Index (TOPIX) closed at 2,584.59, down 27.44 points.
Top News
Yen sharply declines, Finance Minister's ambiguous stance brings peace of mind to 'tolerated' selling by the Bank of Japan.
In the Tokyo foreign exchange market on the 14th, the yen exchange rate plummeted, sinking to the late 150-yen range against the US dollar for the first time since November 2023. Dollar buying spread as the January US Consumer Price Index (CPI) announced on the 13th exceeded market expectations, gradually increasing vigilance towards Japan's government intervention in yen purchases. However, the recent rapid depreciation of the yen was initially triggered by the Bank of Japan's information dissemination that could be interpreted as 'acceptance of a weaker yen'.
Yen sharply declines, Finance Minister's ambiguous stance brings peace of mind to 'tolerated' selling by the Bank of Japan.
In the Tokyo foreign exchange market on the 14th, the yen exchange rate plummeted, sinking to the late 150-yen range against the US dollar for the first time since November 2023. Dollar buying spread as the January US Consumer Price Index (CPI) announced on the 13th exceeded market expectations, gradually increasing vigilance towards Japan's government intervention in yen purchases. However, the recent rapid depreciation of the yen was initially triggered by the Bank of Japan's information dissemination that could be interpreted as 'acceptance of a weaker yen'.
Global manufacturing sees profit growth for the first time in 5 quarters, driven by US consumption in October to December.
Net profits for the global manufacturing sector in the October to December 2023 period turned into profit growth compared to the same period of the previous year for the first time in 5 quarters since the July to September 2022 period. Strong US economy drove up sales for automobiles, electronics, and other sectors. Non-manufacturing sectors such as retail and services also maintained strong performance, leading to a 10% overall increase and the highest growth rate in 2 years.
Net profits for the global manufacturing sector in the October to December 2023 period turned into profit growth compared to the same period of the previous year for the first time in 5 quarters since the July to September 2022 period. Strong US economy drove up sales for automobiles, electronics, and other sectors. Non-manufacturing sectors such as retail and services also maintained strong performance, leading to a 10% overall increase and the highest growth rate in 2 years.
In January, the performance of investment funds showed good results for Toyota-related stock funds.
Targeting domestic publicly offered additional stock investment trusts (exchange-traded funds = ETFs, excluding wrap, SMA, DC exclusive, bull bear types, etc., with a net asset value of 10 billion yen or more), the performance for January 2024 (distribution reinvestment basis) was ranked. As a result, 6 domestic stock-type funds ranked in the top 10, with 4 of them being currency-selective types in US dollars.
Targeting domestic publicly offered additional stock investment trusts (exchange-traded funds = ETFs, excluding wrap, SMA, DC exclusive, bull bear types, etc., with a net asset value of 10 billion yen or more), the performance for January 2024 (distribution reinvestment basis) was ranked. As a result, 6 domestic stock-type funds ranked in the top 10, with 4 of them being currency-selective types in US dollars.
Automobile major unions submit demands, Toyota and Nissan at record high levels in the past
$Toyota Motor (7203.JP)$and, $Nissan Motor (7201.JP)$The labor unions of major car manufacturers and others started submitting demands for the spring labor-management negotiations (spring offensive) on the 14th of 2024. Amid continuing high prices, each labor union is demanding high-level wage increases.
$Toyota Motor (7203.JP)$and, $Nissan Motor (7201.JP)$The labor unions of major car manufacturers and others started submitting demands for the spring labor-management negotiations (spring offensive) on the 14th of 2024. Amid continuing high prices, each labor union is demanding high-level wage increases.
Hot stocks
JT---Significant decline, negative view on the downward profit forecast for the current period
$Japan Tobacco (2914.JP)$Significantly declined. The company announced its financial results for the 23 fiscal year in the previous day. The adjusted operating profit remained flat compared to the previous period at 728 billion yen, and the outlook for the 24 fiscal year is 688 billion yen, a 5.5% decrease. It is assumed that the slowdown in tobacco sales volume and the strengthening of investment in Ploom X are factors.
Related article
更新‐【決算速報】JT23年12月期は売上・利益とも過去最高で6円増配、24年度は増収減益見込む
JT---Significant decline, negative view on the downward profit forecast for the current period
$Japan Tobacco (2914.JP)$Significantly declined. The company announced its financial results for the 23 fiscal year in the previous day. The adjusted operating profit remained flat compared to the previous period at 728 billion yen, and the outlook for the 24 fiscal year is 688 billion yen, a 5.5% decrease. It is assumed that the slowdown in tobacco sales volume and the strengthening of investment in Ploom X are factors.
Related article
更新‐【決算速報】JT23年12月期は売上・利益とも過去最高で6円増配、24年度は増収減益見込む
楽天グループ、前期最終は赤字縮小で着地・10-12月期(4Q)最終は赤字拡大、今期業績は非開示
$Rakuten Group (4755.JP)$が2月14日大引け後(15:00)に決算(国際会計基準=IFRS)を発表。23年12月期の連結最終損益は339.4 billion円の赤字(前の期は377.2 billion円の赤字)に赤字幅が縮小し、5期連続赤字となった。なお、24年12月期の業績見通しは開示しなかった。
$Rakuten Group (4755.JP)$が2月14日大引け後(15:00)に決算(国際会計基準=IFRS)を発表。23年12月期の連結最終損益は339.4 billion円の赤字(前の期は377.2 billion円の赤字)に赤字幅が縮小し、5期連続赤字となった。なお、24年12月期の業績見通しは開示しなかった。
三菱自動車、国内向け「RVR」生産終了へ 販売低迷で
$Mitsubishi Motors (7211.JP)$が国内向けの小型多目的スポーツ車(SUV)「RVR」の生産を4月をめどに終了することが14日、わかった。国内各社がSUVを投入して同車種の売れ行きが低迷し、規制対応の開発コストを回収できる見通しが立たなくなった。海外向けの生産は続けるとみられる。
$Mitsubishi Motors (7211.JP)$が国内向けの小型多目的スポーツ車(SUV)「RVR」の生産を4月をめどに終了することが14日、わかった。国内各社がSUVを投入して同車種の売れ行きが低迷し、規制対応の開発コストを回収できる見通しが立たなくなった。海外向けの生産は続けるとみられる。
第一生命-後場下げ幅拡大 通期経常収益を上方修正 3Q累計最終益は42%増
$Dai-ichi Life Holdings (8750.JP)$が後場下げ幅拡大。同社は14日14時30分、24.3期通期の連結経常収益予想を従来の8 trillion353 billion円から10 trillion201 billion円(前期比7.2%増)に引き上げると発表した。
$Dai-ichi Life Holdings (8750.JP)$が後場下げ幅拡大。同社は14日14時30分、24.3期通期の連結経常収益予想を従来の8 trillion353 billion円から10 trillion201 billion円(前期比7.2%増)に引き上げると発表した。
GMO Internet - significant rebound after 3 days. Operating profit for the previous period decreased by 3%, exceeding consensus.
$GMO Internet group (9449.JP)$Rebounded significantly after 3 days. The company announced on the 13th that the consolidated operating profit for the full year ending December 23 was 42.5 billion yen (2.9% lower than the previous period). Market consensus was 40.2 billion yen.
$GMO Internet group (9449.JP)$Rebounded significantly after 3 days. The company announced on the 13th that the consolidated operating profit for the full year ending December 23 was 42.5 billion yen (2.9% lower than the previous period). Market consensus was 40.2 billion yen.
Source: FISCO, Nikkei, Bloomberg, KABUTAN, Traders Web
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181674791 : DMP
181674791 181674791 : it's no good. It's being manipulated.
182065255 : Will Rakuten go up?