Tokyo Market Summary: Nikkei Average continues to rise on the second day of the ruling party's major defeat, supported by the weakening yen. Financial stocks are also rising across the board due to the rise in US bond yields.

Hot Stocks
Sakura Co., Ltd. - hit the daily limit, highly evaluated for significant profit increase decision and additional investment.
$SAKURA Internet (3778.JP)$Surged to the daily limit. The company announced its interim results the previous day, with operating profit reaching 1.3 billion yen, 5.2 times higher than the same period last year, surpassing the upward revised figure of 1.1 billion yen on September 20. The full-year forecast remains at 2.6 billion yen, expected to be 2.9 times higher than the previous year, maintaining the previously revised figure. The strong performance is attributed to the start of providing GPU cloud services for AI generation and the growth of cloud services.

Sukawa Denki's sharp rise, reigniting trading momentum on expectations following 'Post Ishiba'.
$Sukegawa Electric (7711.JP)$Sharp rise in price on Sukawa Denki. Bought at 2,550 yen, up 340 yen with a large positive trend the previous day, but today, a rebound in short-selling through the stock lending market fueled further buying, leading to a rapid surge and opening of a gap. It soared to 2,920 yen, up 370 yen at one point, significantly updating the year's high. Nuclear fusion has become a major theme in the trading world, with the company's stock being positioned as the most right-wing in that regard. Following the heavy defeat of the Liberal Democratic Party in the Lower House general election, speculation surrounding the successor to Ishiba is rife. Although Ms. Takaichi - who is seen as a potential successor to Abeconomics - was defeated in the party leadership election, movements indicating consideration for the next prime minister potential have been reflected in the stock’s popular trading.

Financial stocks such as banks and insurance companies were broadly bought, leading the market.
In response to the rise in long-term interest rates in the USA, financial stocks such as banks and insurance companies were broadly bought, leading the index higher. $Mitsubishi UFJ Financial Group (8306.JP)$Rose more than 3%, $Mizuho Financial Group (8411.JP)$Rose more than 2%, $Sumitomo Mitsui Financial Group (8316.JP)$Rose more than 2%.

Metaplanet soared 20%, followed by additional purchases of Bitcoin and continued material consideration.
$Metaplanet (3350.JP)$Soared significantly. On the 28th, the company announced that it had purchased an additional 1.6 billion yen worth of cryptocurrency Bitcoin. The average purchase price this time is 10.2 million 5188 yen per Bitcoin. The total number of shares held is 1018.17 Bitcoin. The total average purchase price is 9.45 million 0746 yen, with a total purchase amount of 9.6 billion 22 million yen.

INPEX rebounded for the first time in 3 days, with buying inflow due to the sense of value despite the fall in crude oil prices.
$Inpex (1605.JP)$ Lannett Co Inc. rebounded for the first time in 3 days. While crude oil prices are weak at present, there is a strong sense of undervaluation from the valuation perspective, and it seems that buying is coming in at the lower end. On the 28th, the U.S. crude oil futures market saw the December WTI (West Texas Intermediate) contract fall by $4.40 per barrel to $67.38, a decline from the previous week. Retaliation against Iran by Israel excluded oil and nuclear facilities, with military facilities as the target, leading to a retreat in oil supply concerns. In response, WTI prices plunged significantly. While falling oil prices pose a headwind to INPEX's performance, the company's stock has been in a downturn since mid-month, with a consolidated PBR of about 0.5 times.dividend yieldWith a sense of undervaluation around 4.3%, there also seems to be buying interest from the perspective of value. $Japan Petroleum Exploration (1662.JP)$It continues to show a slight increase as well.