Tokyo Market Summary: The Nikkei average is soft, with a focus on the acceleration of the yen depreciation and the US FOMC meeting.

Hello, MOOMOO users!Good job on the closing bell. Here is today's stock market overview. Thank you.
The Nikkei average closed at 39,364 yen, down 92 yen from the previous trading day.
The last important event! If the rate hike in December is postponed, "Trump risk" becomes inevitable and the yen depreciation accelerates? [BOJ meeting preview]
Ranked 3rd in 'Defense', anticipation reignites ahead of Ishiba-Trump meeting ＜Hot topic＞
Sanrio - Significant rise, buying back dominates on delivery day today
Zojirushi Mahobin - Significant continued rise, upwards revision of earnings forecast and reversal to an increase in operating profit outlook
DWTI rises for the third consecutive time, administration to subjects in phase 2 clinical trial of regenerative medical cellular product 'DWR-2206' completed
Hot Stocks: $SoftBank Group (9984.JP)$、 $Sanrio (8136.JP)$、 $Zojirushi (7965.JP)$etc
MOOMOO News on Japanese Stocks Kingsley

Market Overview
In today's Tokyo stock market, the Nikkei Stock Average closed at 39,364.68 yen, down 92.81 yen from the previous trading day, while the Tokyo Stock Price Index (TOPIX) closed at 2,728.20, down 10.13 points. With the upcoming U.S. FOMC meeting tonight, the Tokyo stock market saw a prevailing trend of taking risks, leading major indexes to turn negative in the afternoon session as the yen depreciation accelerated.

Top News
The last important event! If the December rate hike is postponed, will 'Trump risk' be inevitable and will the yen depreciation accelerate? [Bank of Japan Meeting Preview]
The last important event for the domestic market this year is,The Bank of Japan's monetary policy decision meeting on December 18-19It will be announced around noon on the 19th, and President Kazuo Ueda is scheduled to hold a press conference in the afternoon. The focus is on whether to raise the policy interest rate for the third time this year or postpone it to the new year.Considering the theory of "weakening yen = rising stocks", if there is an interest rate hike in December, it may lead to a "strong yen -> falling stocks" scenario, which may seem negative at first glance. However, looking ahead to 2025, it may be perceived positively to digest the inevitable "bad news" within the year.The main scenario is a rate hike postponement in December.It seems to be the case.If the rate hike in December is postponed, multiple risks are expected to arise.It is also anticipated that several risks will surface.

Hot stocks
"Defense" ranks third, with anticipation reignited ahead of Ishiba-Trump meeting being a <GAINIANBANKUAI>.
In the "Popular Theme Ranking" compiled by Min-ka-bu and Kabutansu, "Defense" ranks third.
President-elect Trump, who advocates America First policy and has shown moves to strengthen tariffs, also argues for increased military spending by allied countries. It is expected that the pressure for an increase in defense budget under the Trump administration will also intensify in Japan, which has a strong cooperation with the United States.

Sanrio - Marked Increase, buybacks dominant even on delivery day today.
$Sanrio (8136.JP)$The stock price is significantly high. Today, the 17th is the settlement date for the new listing. Although it opened at 4,463 yen below the issue price of 4,540 yen, it was seen rising to 4,700 yen, 6% higher than the previous day. Buying back from those who had previously sold and other factors are pushing up the stock price. Trading is also active, ranking 5th in trading volume ranking after 10 o'clock.

Zojirushi Mahobin - Marked Continued Increase, upward revision of earnings forecast leads to a reversal to expected increase in operating profit
$Zojirushi (7965.JP)$Marked significant extension. The company has announced an upward revision of its performance for the November 24 fiscal year of 2024. Operating profit was raised from the previous estimate of 5.2 billion yen to 5.96 billion yen, an increase of 19.1% from the previous period. In the fourth quarter, it seems that top models such as the domestic "Enbu cooking" and pressure IH rice cookers, humidifiers are performing well. With improved non-operating income, ordinary profit is revised upward from 5.7 billion yen to 7.4 billion yen, a complete reversal to a profit forecast increase. Looking at the progress up to the third quarter, there is a positive trend towards a straightforward upward revision.

DWI has risen for the third consecutive day, completing the administration to the subjects in the Phase 2 clinical trial of the regenerative medical cell product "DWR-2206".
$D. Western Therapeutics Institute (4576.JP)$Has risen for 3 consecutive days. After the trading on the 16th, it was announced that all the transplantation surgeries for the subjects scheduled for the domestic Phase 2 clinical trial of the regenerative medical cell product "DWR-2206," which the company is developing in collaboration with Actuarialize (Kyotanabe City, Kyoto), have been completed, prompting favorable buying inflows.

DeNA - Soaring. GO, a company in which the same company invests, has announced a strategic partnership with Waymo, a subsidiary of Alphabet in the US, and Nihon Kotsu (Chiyoda-ku, Tokyo), to conduct tests of Waymo's autonomous driving technology "Waymo Driver" in Tokyo.
$DeNA (2432.JP)$The stock price of STAR surged. On the 17th, GO, which operates a transportation system that the company invests in, announced that it has formed a strategic partnership to conduct tests of Waymo's self-driving technology 'Waymo Driver' in Tokyo. The partnership involves Alphabet's subsidiary Waymo, Japan Transportation (Chiyoda-ku, Tokyo), and three companies in total.