<3236> Propast 185 -22
Sudden drop. The financial results for the fiscal year ending May 2024 were announced the previous day, and operating profit increased by 19.5% compared to the previous year to 3.06 billion yen, exceeding the previous estimate of 2.7 billion yen. However, since 3.06 billion yen was recorded for the cumulative total of the third quarter, the surprise was limited to the upper part of the settlement. On the other hand, the outlook for the fiscal year ending May 2025 is for a significant 34.9% decrease to 1.99 billion yen, leading to negative stock price reactions. It is said that the impact of cost increases, such as rising land prices and construction costs, is being considered.
<6201> Toyota Ori 13625 -275
Significant decline. Morgan Stanley MUFG Securities has downgraded its investment rating from "overweight" to "equal weight" and lowered its target stock price from 18,000 yen to 14,000 yen. The background to the downgrade was that it changed its view that the improvement in cash allocation was slower than expected. It seems to be concerned about the relatively slow pace of share sales and the possibility that the pace of its own share buybacks will slow down in the future.
<3148> Create SD 3320 -165
Significant decline. The financial results for the fiscal year ending May 2024 were announced the previous day, and operating profit increased by 7.0% compared to the previous year to 20.2 billion yen, slightly lower than the upwardly revised figure at the time of the third quarter settlement. The outlook for the fiscal year ending May 2025 is that it will increase by 8.8% to 22 billion yen, and the planned annual dividend is 68 yen, an increase of 4 yen compared to the previous year. It is considered that there is little earnings surprise, but the feeling of immediate exhaustion seems to be dominant because the level adjustment has progressed even after the third quarter settlement.
<3141> Welcia HD 1838 -106.5
Significant decline. The financial results for the first quarter were announced the previous day, and operating profit decreased by 25.5% compared to the same period of the previous year to 5.5 billion yen, which was about 2 billion yen lower than the market consensus. It seems that the gross margin decreased due to sluggish sales growth, as well as promotion strengthening, drug price revision, and poor seasonal products were also contributing factors. The degree of decrease in gross profit seems to be greater than the market expectation. The full-year estimate is 47 billion yen, an 8.7% increase from the previous year, but the concern about falling short is becoming even higher.
<9418> UNEXT 4220 -380
Significant decline. The financial results for the third quarter were announced the previous day, and cumulative operating profit increased by 51.2% compared to the same period of the previous year to 23.5 billion yen, and the progress rate for the target calculation for the full year, which was maintained, increased by 32.2% compared to the previous year. However, compared to the comparison with the operating profit of 15.8 billion yen in the first half of the previous year, which increased by 65.7% year-on-year, there are limited surprises and the profit increase rate in the period from March to May is slightly smaller, resulting in a short-term sense of exhaustion. Seem to be leading.
<4004> Resonac 3854 +307
Significant rebound. It was announced the previous day that a consortium of 10 Japanese and American companies working on the development and evaluation of post-semiconductor processes had been established, and there was a strong move to view it as a positive development. Material manufacturers such as semiconductor materials and smooth cooperation with US tech companies for the development of back-end technology. Set up a development and evaluation base in Silicon Valley to gather information and accelerate development. There seems to be growing expectations that the strengths of Japanese companies in post-semiconductor processes and semiconductor materials will be utilized.
<3765> Gunho 2928 +100
Significant rebound. The start of service for the new smartphone game, "Disney Pixel RPG," was announced in 2024. Walt Disney Japan cooperated on the title, which is an RPG that allows you to adventure with Disney characters in various "game worlds". Service will be provided in 18 regions around the world, and reservations began in stores the day before. It seems that expectations for the impact on performance are leading the way.
<5803> Fujikura 3439 +351
Rapid rise. On the previous day's US market, Corning rose about 12%, which seems to have become a stimulus material as a domestic related stock. It seems that Corning has upwardly revised its core sales forecast for the second quarter from the previous estimate of $3.4 billion to $3.6 billion. The market consensus was at a level close to the company's previous plan. Regarding the company, many seem to see expectations for future materials, such as the results of the Tokyo governor's election.
<6501> Hitachi 3834 +188
Significant rebound. Reports suggest that the company will focus more funding towards shareholder returns and growth investments. While continuously reviewing its business portfolio, it also plans to consider share buybacks and mergers and acquisitions using funds obtained from asset sales. It seems that the CFO is conscious of a total return ratio including dividends and share buybacks of around 50%. This fiscal year, the company expects a net profit of 600 billion yen, meaning a total return amount of 300 billion yen if the ratio is 50%. Optimism for an expansion of its return policy is increasing.
<4825> WNI Weather 5360 +620
Rapid rise. The company announced its financial results for the fiscal year ending May 2024 the day before, with operating profit of 3.27 billion yen, a 0.4% increase from the previous year, falling short of the previous estimate of 3.5 billion yen. On the other hand, it forecasts an increase of 16.2% to 3.8 billion yen for the fiscal year ending May 2025. It also plans to offer an annual dividend of 130 yen, an increase of 10 yen from the previous year. It is expected that the growth of its mobile meteorology business, the European growth of its marine meteorology business, expansion of its saas business and so on, as well as a decrease in temporary expenses that occurred in the previous year, will be pushing factors.