Japanese ADR (American Depositary Receipts) shares fell in comparison with the Tokyo Stock Exchange (1 dollar 145.18 yen conversion), Japan Post Bank ＜7182 ＞, Renesas ＜6723＞, Daikin Industries ＜6367＞, Honda Motor ＜7267＞, Denso ＜6902＞, Advantest ＜6857＞, Toyota Motor Corporation ＜7203＞, etc. fell, and general sales dominance became dominant. The Chicago Nikkei 225 futures settlement price is 37,535 yen, which is 545 yen lower than the Osaka daytime ratio.

The US stock market fell. The Dow average closed at 40,834.97 dollars, which depreciated 61.56 dollars, and the NASDAQ fell 59.83 points at 17,816.94. Concerns about economic deceleration were rekindled due to deterioration in non-manufacturing activities of the Philadelphia Federal Reserve Bank in August, and after being close, it fell. Profit-taking sales ahead of Chairman Powell's speech at the Jackson Hole annual meeting hosted by the Kansas City Federal Bank later this week were also conspicuous and remained soft throughout the day, and ended.

The dollar and yen fell from 146 yen 50 yen to 145 yen 20 yen in the New York foreign exchange market on the 20th, and closed at 145 yen 24 yen. Since the US August Philadelphia Federal Reserve's non-manufacturing activities deteriorated further and became the lowest since 20/12, interest rate cut observations intensified, and dollar sales were spurred along with interest rate declines. Yen purchases, which were observed to have additional interest rate hikes in Japan, also became dominant. The euro dollar rose from $1.1080 to $1.1130 and closed at $1.1129.

NY crude oil futures are sluggish for the 9 month period (NYMEX crude oil closing price for the 9 month period: 74.04 ↓ 0.33).

■Stocks with the highest ADR growth rate (20th)

Stock code stock name closing price (dollar) Japanese yen conversion price Japanese closing price ratio gain/fall rate

＜9503＞ Kansai Electric Power 8.89 dollars 2581 yen (85 yen) +3.41%

＜2587＞ Suntory Foods 18.26 dollars 5302 yen (139 yen) +2.69%

＜8830＞ Sumitomo Real Estate 17 dollars 4936 yen (128 yen) +2.66%

＜5020＞ ENEOS 10.66 dollars 774 yen (18.9 yen) +2.5%

＜6178＞ Japan Post $10 1452 yen (29 yen) +2.04%

■Stocks with lower ADR depreciation rate (20th)

Stock code stock name closing price (dollar) Japanese yen conversion price Japanese closing price ratio gain/fall rate

＜7182＞ Japan Post Bank 8.35 dollars 1212 yen (-183 yen) -13.12%

＜8750＞ Dai-ichi Life HD 25 dollars 3630 yen (-535 yen) -12.85%

＜7259＞ Aisin Seiki 31.96 dollars 4640 yen (-414 yen) -8.19%

＜8601＞ Daiwa Securities G Headquarters 7.37 dollars 1070 yen (-39 yen) -3.52%

＜9107＞ Kawasaki Kisen 14.15 dollars 2054 yen (-64 yen) -3.02%

■Other ADR stocks (20th)

Stock Code Stock Name Closing Price (Dollar) Japanese Yen Conversion Price Japanese Closing Price Ratio

＜2914＞ Nippon Tobacco Industry 14.02 dollars 4071 yen (-50 yen)

＜3382＞ Seven & I HD 13.18 dollars 1913 yen (-20 yen)

＜4063＞ Shin-Etsu Chemical $21.07 6118 yen (-115 yen)

＜4502＞ Takeda Pharmaceutical 14.76 dollars 4286 yen (-78 yen)

＜4519＞ Chugai Pharmaceutical 23.61 dollars 6855 yen (-78 yen)

＜4543＞ Terumo 18.24 dollars 2648 yen (-25.5 yen)

＜4568＞ Daiichi Sankyo 40.02 dollars 5810 yen (-50 yen)

＜4661＞ Orienland 27.54 dollars 3998 yen (-42 yen)

＜4901＞ Fujifilm 12.52 dollars 3635 yen (33 yen)

＜5108＞ Bridgestone 20.07 dollars 5828 yen (-60 yen)

＜6098＞ Recruit HD 11.52 dollars 8362 yen (-101 yen)

＜6146＞ Disco 31 dollars 45006 yen (-824 yen)

＜6178＞ Japan Post $10 1452 yen (29 yen)

＜6201＞ Toyota Industries 78.71 dollars 11427 yen (-178 yen)

＜6273＞ SMC 22.87 dollars 66405 yen (-985 yen)

＜6301＞ Komatsu Seisakusho 28.17 dollars 4090 yen (-64 yen)

＜6367＞ Daikin Industries 12.14 dollars 17625 yen (-450 yen)

＜6501＞ Hitachi, Ltd. $47.72, 3464 yen (-46 yen)

＜6503＞ Mitsubishi Electric 32.65 dollars 2370 yen (-20 yen)

＜6594＞ Nidec 10.45 dollars 6069 yen (-100 yen)

＜6702＞ Fujitsu 17.39 dollars 2525 yen (-26.5 yen)

＜6723＞ Renesas 8.34 dollars 2422 yen (-66 yen)

＜6758＞ Sony $90.79 13181 yen (-89 yen)

＜6857＞ Advantest $44.9 6519 yen (-141 yen)

＜6902＞ Denso 15.38 dollars 2233 yen (-49 yen)

＜6954＞ FANUC 14.13 dollars 4103 yen (-62 yen)

＜6981＞ Murata Manufacturing 10.09 dollars 2930 yen (-27.5 yen)

＜7182＞ Japan Post Bank 8.35 dollars 1212 yen (-183 yen)

＜7203＞ Toyota Motor Corporation 181.34 dollars 2633 yen (-54 yen)

＜7267＞ Honda Motor 31.83 dollars 1540 yen (-38 yen)

＜7741＞ HOYA 133.93 dollars 19444 yen (-206 yen)

＜7751＞ Canon 32.82 dollars 4765 yen (-63 yen)

＜7974＞ Nintendo $13.85 8043 yen (-106 yen)

＜8001＞ ITOCHU Corporation 98 dollars 7114 yen (-55 yen)

＜8002＞ Marubeni 168.23 dollars 2442 yen (-38 yen)

＜8031＞ Mitsui & Co., $419.18, 3043 yen (-40 yen)

＜8035＞ Tokyo Electric $96.56, 28037 yen (-368 yen)

＜8053＞ Sumitomo Corporation 22.97 dollars 3335 yen (-38 yen)

＜8058＞ Mitsubishi Corporation 20.68 dollars 3002 yen (-22 yen)

＜8306＞ Mitsubishi UFJFG 10.5 dollars 1525 yen (-19 yen)

＜8316＞ Sumitomo Mitsui Financial Group 13.7 dollars 9945 yen (-55 yen)

＜8411＞ Mizuho Financial Services 4.24 dollars 3078 yen (-13 yen)

＜8591＞ ORIX 118.41 dollars 3438 yen (-40 yen)

＜8725＞ MS&AD Inci HD 22.85 dollars 3317 yen (-48 yen)

＜8766＞ Tokio Marine HD 38.22 dollars 5549 yen (-29 yen)

＜8801＞ Mitsui Fudosan $30.7 1486 yen (-13.5 yen)

＜9432＞ NTT 26.01 dollars 151 yen (-1 yen)

＜9433＞ KDDI 16.15 dollars 4689 yen (-48 yen)

＜9983＞ Fast Lite 29.83 dollars 43307 yen (-843 yen)

＜9984＞ SoftBank G 28.83 dollars 8371 yen (-157 yen)