＜7267＞ HONDA 1630 -44

A sharp decline. Today is the delivery date for shares sold, and trading prices are increasing. Major shareholders became sellers, and sales of 0.2 billion59.87 million9700 shares were carried out, and sales were carried out through overallotment of 38.98 million1900 shares, and the sales price was 1664.5 yen. Stock price declines have remained limited due to expectations that future sales pressure will recede due to the passage of the worst period of supply and demand, and the resumption of stock buybacks, etc.

＜6594＞ Nidec 7200 +413

Massive backlash. First quarter financial results were announced the day before. Operating profit was 60.3 billion yen, up 0.2% from the same period last year, exceeding market expectations of around 54 billion yen. The full-year forecast was revised upward from the previous 230 billion yen to 240 billion yen. However, transient positive factors associated with the conversion of companies applying the equity method into consolidated subsidiaries have been recorded at approximately 10 billion yen, and surprises are limited in terms of financial results. Meanwhile, the steady expansion of server water cooling systems and improvements in the profitability of EV traction motors were confirmed and used as evaluation materials.

＜7211＞ Mitsubishi from 433.3 -34.6

A sharp decline. The first quarter financial results were announced the day before. Operating profit was 35.5 billion yen, down 21.3% from the same period last year, and the start was sluggish against the full-year forecast of 190 billion yen, a 0.5% decrease from the previous fiscal year. The market consensus also seems to have declined by around 10 billion yen. There were also transient downside factors such as quality-related costs, etc., but it seems that the decline in unit sales volume in Thailand and Indonesia in the main ASEAN markets is reverberating.

＜7740＞ Tamron 4355 +180

Significant continuous growth. An upward revision of the first half earnings forecast was announced the day before. Operating profit was raised to 10.8 billion yen from the previous forecast of 8.4 billion yen, up 66.7% from the same period last year. In the form of an upward correction following the first quarter financial results. Sales have exceeded plans in each segment, and it seems that profitability has also improved due to the depreciation of the yen in exchange rates and the manifestation of cost reduction promotion effects. The full-year plan is to be reviewed when the first half of the year is settled, and a significant increase is expected.

＜6999＞ KOA 1321 -180

Plummeting. Financial results for the first quarter were announced the day before, and operating profit was 0.23 billion yen, a drastic decrease of 73.4% from the same period last year. The unchanged full-year forecast is 3.9 billion yen, up 17.7% from the previous fiscal year, and progress is unexpectedly low. Although the volume of orders received has increased 6.5% from the same period last year, movements that are conscious of declining business performance prevail. In the first quarter, it seems that the decline for industrial equipment, home appliances, etc. resonated mainly in Japan and ASEAN.

＜6486＞ Eagle Engineering 2071 +201

rapid expansion. An upward revision of earnings and dividend forecasts was announced the day before. Operating income for the first half of the year was raised to 3.5 billion yen from the previous forecast of 2.2 billion yen, up 13.5% from the same period last year, and raised from 8.2 billion yen to 9.5 billion yen for the full fiscal year, up 17.2% from the previous fiscal year, respectively. It seems that business for the automobile and construction machinery industry is expected to exceed expectations in Europe. Also, the annual dividend will also be raised from the previous plan of 80 yen to 90 yen, resulting in an increase of 10 yen compared to the previous fiscal year.

＜6707＞ Sanken Electric 8196 +799

rapid expansion. It has been announced that part of the shares held by the rice subsidiary Allegro will be sold. As a result, it seems that Allegro will change from a subsidiary to a company applying the equity method. Currently, they hold 51% of Allegro's common stock, and they plan to sell the equivalent of about 20% to Allegro. The funds obtained from this sale will also be used for shareholder returns and drastic improvements in fund demand financial position during the mid-term accounting period. There seems to be a sense of expectation that it will lead to the implementation of stock buybacks.

＜4722＞ Future 1679 +69

Significant continued growth. Financial results for the first half of the year were announced the day before. Operating profit was 6.9 billion yen, up 9.5% from the same period last year, and landed at a level in line with the previous forecast of 6.8 billion yen. The full-year forecast remains unchanged at 14.65 billion yen, up 6.9% from the previous fiscal year. Financial results surprises seem limited, but since stock prices fell drastically after the first quarter financial results, where there were also few surprises, it seems that awareness of a sense of delay will also intensify due to confirmation of steady financial results.

＜6937＞ Furukawa Battery 1384 +242

skyrocketing. Advantage Partners, an investment fund, has announced that it will implement TOB for 1400 yen per share and acquire the company. The company has expressed support for TOB. Furukawa Electric will re-invest in the acquisition company, and it seems that the advantage will be about 60%, and Tokyo Century and Furukawa Electric will each invest 20%. It seems that they are planning to integrate the company with the lead-acid battery company that was acquired in 2021. It is in the form of a sharp movement towards TOB prices.

＜4392＞ FIG 317 -27

The sharp decline continued. The issuance of CB and stock acquisition rights with Macquarie as the allotment party was announced. The approximate amount of deductions due to the current financing is 2.34 billion yen. The number of potential shares of convertible corporate bonds stock acquisition rights based on the initial exercise price is 1.2 million4819 shares, and the number of potential shares of stock acquisition rights is 3 million shares, and a total of 4.2 million4819 shares is at the level of 13.9% of the number of issued shares excluding treasury shares. Furthermore, a downward revision of the earnings forecast for the first half was also announced, and operating profit was lowered to 0.27 billion yen from the previous forecast of 0.3 billion yen.