<4403> Nisso 2201 +67

Significantly rebounded. At Nomura Securities, the rating remains at the highest level of "Buy", and the target stock price has been raised from 2530 yen to 2660 yen. Sales of surfactants for cosmetics and sales of cosmetic raw materials and ODM products are both doing well. The short-term impact of inventory adjustment on pharmaceutical raw material DDS is being felt, but the resolution of customers' raw material inventory is progressing, and DDS is expected to experience only a slight decrease in demand compared to previous assumptions. In addition, there is ample room for shareholder return, so we continue to focus on shareholder return efforts.

<6634> Nex Group 108 +3

Significantly continued to rise. Nex, a subsidiary, announced that it has started the development of a USB dongle-type data terminal compatible with the 5G-based AI/IoT communication standard "5G RedCap". By supporting "5G RedCap", which maintains the characteristics of 5G such as "low latency" and "connectivity with multiple devices", while limiting the communication speed to the level of LTE Cat.4, it is possible to reduce costs, size, and power consumption. This makes it easy to replace LTE with 5G.

<4462> Ishihara Chemical 2532 +102

Significantly higher. The company announced a partial change to the self-purchase limit set on May 15. While the previous limit was 0.25 million shares, or a maximum of 0.5 billion yen, which corresponds to 1.67% of the issued shares, the new limit has been expanded to 0.37 million shares, or a maximum of 0.9 billion yen, which corresponds to 2.50% of the issued shares. The acquisition period remains unchanged from May 16, 2024 to October 31, 2024. At the same time, it was announced that the company will entrust the Tokyo Stock Exchange with a buyback of up to 0.22 million shares, or 1.48% of the issued shares, through off-auction trading of treasury stock. The company acquired 0.2166 million shares.

<4059> MagMag 619 +100

Reached the daily upper limit. The company announced the launch of the fan site platform "MagOne" to expand the opportunities for creators. "MagOne" allows creators to disseminate multifaceted information, interact with fans, and receive support for their activities. One of the strengths of "MagOne" is the "AI-powered sponsor matching" that collaborates with a system that matches advertisements using AI developed by 1sec.

<3038> Kobe Steel 4077 -57

Significant decline. It was announced that the individual ordinary income and loss for July was a deficit of 3.017 billion yen. The individual monthly ordinary income and loss has been in deficit since November last year (a deficit of 3.839 billion yen). The company continues to work on foreign exchange reserves, and due to the sharp appreciation of the yen until the end of July, non-operating market valuation losses are recorded. On the other hand, if the yen appreciates, there will be significant cost benefits for imported goods procurement, which is expected to increase operating profit.

<5956> Tohso 523 +17

Significant continued growth. It was announced that a share buyback will be conducted for up to 0.15 million shares, amounting to 0.09 billion yen, which corresponds to 1.66% of the issued shares. The acquisition period is from today until December 31. This is being implemented for the purpose of strengthening shareholder returns, further improving capital efficiency, and pursuing flexible capital policy in light of changes in the business environment. Today, in the Tokyo Stock Exchange's off-auction own share repurchase trading, a limit of 0.12 million shares, equivalent to 1.33% of the issued shares, was mainly purchased, and 0.12 million shares were acquired.

<4506> Sumitomo Pharma 652 +41

Rapid rebound. SMBC Nikko Securities has raised its investment rating from "3" to "2" and increased its target stock price from 330 yen to 600 yen. This is based on the implementation of cost reduction in the fiscal year ending March 2025, which is expected to enable continued profitability from the fiscal year ending March 2026. The growth of the three main products: hyperactive bladder treatment drugs, prostate cancer treatment drugs, and uterine fibroid treatment drugs, is expected to ensure stable growth until 2030. The limited free cash flow in the near future is evaluated as it may limit upside potential through investments such as M&A.

<2914> Japan Tobacco 4165 +58

Significant rebound. After the end of yesterday's trading, it was announced that a purchase agreement had been signed with VGR, the fourth largest tobacco company in the United States, and this has become a buying catalyst. The company will conduct a public tender offer for all the issued shares of VGR and aims to make VGR a 100% consolidated subsidiary. The total transaction value is expected to be approximately 2.4 billion US dollars (approximately 378 billion yen). The board of directors of VGR unanimously supports this public tender offer.

<2317> Systena 389 +18

Marked rebound. It was announced that it will conduct a share buyback of up to 5 million shares, or 2 billion yen in value, equivalent to 1.37% of the shares issued the previous day. The acquisition period is from today to October 31. In addition, it was announced that 25 million shares, or 5.54% of the shares issued, will be retired on September 20. The company also announced that it had completed the purchase of the maximum 25 million shares (7.9623 billion yen) by August 21 under the share buyback decided on May 13, and had completed the buyback.

<4323> Nisshin Mechatronics 1719 +66

Marked rebound. It was announced that it has commenced the provision of the 'Dependents Qualification Investigation System', one of the products of the insurance business support system 'iBss (Ibis)', to the mutual aid association as announced the previous day. The reduction of data aggregation workload at numerous offices and the reduction of security risks associated with original document management are expected to reduce the workload and stress on association members, enhance security levels, and enable centralized data management.