Tokyo Market Summary: Nikkei Average rises by 1005 yen, significant gains continue, driven by Trump trade advantage. Dollar strength, stock market rally, bond weakness.

Top News
Bitcoin achieved a historic high exceeding $0.075 million, while the dollar-yen rate rose to the 154 yen range.
As election results favorable to the Republican candidate Trump, who is positive towards cryptocurrency, began to emerge, cryptocurrency surged, recording a new all-time high slightly exceeding $0.075 million. The dollar also rose across the board, temporarily reaching the 154 yen range. $Bitcoin (BTC.CC)$rose, setting a new all-time high slightly above $0.075 million. $Metaplanet (3350.JP)$Is up 23% significantly. The dollar-yen is also up across the board, rising temporarily to the 154 yen level per dollar.

Hot stocks
Toyota rebounds in the afternoon, keeping the current fiscal year's final profit forecast unchanged despite lowering sales estimates and increasing dividends.
$Toyota Motor (7203.JP)$Rebounded in the afternoon session. The company announced consolidated financial results for the second quarter of the fiscal year ending March 2025 (April-September) at 1:55 PM on the 6th. Revenue increased by 5.9% year-on-year to 23,282.5 billion yen, and net profit decreased by 26.4% to 1,907.13 billion yen. Although the full-year performance forecast reduced the pre-tax profit by 90 billion yen to 4,980 billion yen (28.5% decrease from the previous period), the revenue, operating profit, and net profit outlook remained unchanged. Buying back from sellers anticipating a downturn in performance and the upward revision of the dividend forecast for this term seemed to support the stock price. However, as the U.S. presidential election count progresses, the Nikkei Stock Average has narrowed its gains after the earnings announcement, putting pressure on the stock's upside.

Honda continued to decline on the 5th, with a downward revision to the full-year net profit by 14% due to a decrease in equity earnings.
$Honda Motor (7267.JP)$Fell for the 5th consecutive day. Around 1 PM, they announced a downward revision of the net profit from 1 trillion yen to 950 billion yen (14.2% decrease from the previous period) for the consolidated performance forecast for the fiscal year ending March 2025. The decrease in investment earnings under the equity method is one of the reasons considered as selling points.

IHI extended its gains, revising upwards the forecast for operating profit and dividends for the fiscal year ending March 2025.
$IHI (7013.JP)$The stock price is expanding its gains. At around 1 p.m., the earnings estimates for the fiscal year ending March 2025 were revised upwards, with operating profit from 110 billion yen to 145 billion yen (compared to the previous year's loss of 70.138 billion yen) and net profit from 600 billion yen to 850 billion yen (compared to the previous year's loss of 68.214 billion yen), which was well received. Additionally, the year-end dividend forecast was raised from 50 yen to 70 yen (120 yen annually).

Mitsubishi UFJ and other mega banks are expanding their gains, as the view of Mr. Trump's advantage in the U.S. presidential election widens.
$Mitsubishi UFJ Financial Group (8306.JP)$や $Sumitomo Mitsui Financial Group (8316.JP)$、 $Mizuho Financial Group (8411.JP)$Mega banks and others are expanding their gains. Reports of the U.S. presidential election voting results are coming in. In battleground states that greatly influence the outcome, states where Mr. Trump's vote percentage surpasses Ms. Harris’ are standing out at present, causing a 'Trump trade' based on the expected victory of Mr. Trump.