Tokyo Market Summary: The Nikkei average fell, with a significant rebound after anticipating Trump's victory, as market participants await the results of the FOMC while observing the yen's exchange rate.

Market Overview
今日の東京株式市場で日経平均株価は前営業日比99.26円安の39381.41円、東証株価指数（TOPIX）が27.16ポイント高の2743.08で終了した。朝方は米株高を好感した買いが先行したが、前日に米大統領選挙でのトランプ前大統領の勝利を先取りする形で1000円超上昇した反動で、利益確定売りが優勢となった。金融株が買われてTOPIXが上昇。トランプ氏勝利で関税や輸出規制を巡る懸念から半導体関連銘柄が安く、日経平均は下落。円相場は三村淳財務官の円安けん制発言で買い戻された。

Hot stocks
Toray Industries Inc. surged in the afternoon session, announcing a buyback of up to 9.67% of its own shares and an upward revision of its final profit forecast for this fiscal year.
$Toray Industries (3402.JP)$It is rising sharply in the afternoon session. The company announced on the 7th a share buyback with a total acquisition of 155 million shares (9.67% of the total issued shares excluding treasury stock) and a total acquisition amount of 100 billion yen as the upper limit. It seems that investment funds have flowed in as a result of this.

Fujikura is solid at the bottom, newly selected in the MSCI stock replacement ◇
$Fujikura (5803.JP)$Stable. Morgan Stanley Capital International (MSCI) announced a regular review of the constituent stocks of the "Global Standard Index" on the 6th. In the Japanese stock market, Fujikura was newly adopted as a constituent stock, leading to expectations of fund inflow into index-tracking funds, which seems to have supported the company's stock price. In the Japanese stock market, $Hamamatsu Photonics KK (6965.JP)$and $Ibiden (4062.JP)$、 $Keisei Electric Railway (9009.JP)$、 $Mazda Motor (7261.JP)$、 $Nippon Prologis REIT (3283.JP)$、 $Nomura Real Estate Holdings (3231.JP)$、 $Rohm (6963.JP)$ 、 $SUMCO (3436.JP)$Excluding 8 stocks.

NTT, 2025 fiscal year-end interim results Revenue increased by 3.6% year-on-year to 6.59 trillion yen Operating profit decreased by 3.2% year-on-year to 920.3 billion yen.
●revenueCompared to the same period last year.An increase of 3.6%.の6.59 trillion円（市場予想は6.55 trillion円）。
●営業利益Compared to the same period last year.3.2％減の920.3 billion円（市場予想は885.9 billion円）。

Toyota's stock price surged significantly, and the market continues to move with a dominant sense of security after the earnings reports.
$Toyota Motor (7203.JP)$NTT, with a 17% decrease in final profit for the first half and a 5% decrease in profit for July-September period, saw a significant increase. The company announced its second-quarter earnings during the previous trading session, which led to a slight buying trend, and today, there is also an upward trend. The operating profit for July-September period was 1 trillion 155.8 billion yen, a 19.6% decrease from the same period last year, but excluding temporary negative factors, it exceeded market expectations by about 10%.

Nintendo Co Ltd continues to rise, with a leading domestic securities firm maintaining an investment rating of 'A'.
$Nintendo (7974.JP)$Continues to rise. The company announced its first-half earnings after the close of trading on the 5th, along with a downward revision of its full-year consolidated performance forecast for the fiscal year ending March 2025. However, there are expectations in the market for a recovery in performance after the fiscal year ending March 2026, and there are also hopes for a tailwind from the current weak yen. Iwai Cosmo Securities on the 6th maintained its investment rating of 'A' for the company's shares with a target stock price of 10,000 yen.