Vision <9416>.
The company announced a revised forecast for the fiscal year ending December 2024. The operating profit has been upwardly revised from JPY 5.254 billion to JPY 5.707 billion. With regards to the annual consolidated performance forecast, although there has been a delay in the recovery of Japanese overseas travel demand compared to the initial plan, the forecast for operating profit, ordinary profit, and net profit has been upwardly revised to reflect the revised second quarter performance forecast. Additionally, the dividend forecast has been revised upwards from JPY 25 to JPY 27 per year.
Sumitomo Riko <5191>.
While showing a rebound supported by the 25-day and 75-day resistance lines, last week it clearly broke the double top level of the March and April highs. Although it was pushed down by profit-taking at 1500 yen, the buying willingness for waiting for dips is considered strong because it adjusted from the +3σ breakthrough of the Bollinger band to the +2σ level. The Bollinger band is showing an expanding trend, so it is likely that the rise will be conscious of cooling down while overheating.