Shimamura <8227>: 7,860 yen (+188 yen).
Significant rebound. The monthly trend for August was announced last weekend. Same-store sales increased by 5.5% compared to the same month last year, marking the 10th consecutive month of positive growth. The number of customers increased by 2.3% and the average customer spending rose by 3.3%. The hot weather also contributed to the increase in sales of practical items such as outerwear, clothing accessories, and underwear. Excluding the impact of the day of the week, the base growth rate is expected to expand by 6.2% from the previous month's decline.
Mitsubishi Electric <5820>: 1,146 yen (+130 yen).
Significant continued rise. They have announced a sales and technical business partnership with China's Weiteng Electric, which is considered a buying opportunity. Weiteng Electric had signed a cooperation agreement for a strategic comprehensive business partnership on June 25th. The two companies have now reached an agreement on this partnership. Weiteng Electric has strengths in the photovoltaic technology comprehensive equipment business, which the company is aiming to develop as one of its future core businesses. They will collaborate in the sales field, including market research, channel expansion, agency sales, and market development, as well as in the technical field, including high-quality cable processing.
Piala <7044>: 420 yen (+80 yen).
Trading at the daily limit. They have announced a business partnership with ClaN Entertainment, an entertainment company specializing in influencers such as VTubers. They aim to strengthen their efforts to expand the VTuber and live commerce market by building an environment that can collaborate with approximately 2,000 VTubers, including this company. There is a sense of anticipation as this move is expected to contribute to the expansion of the company's VTuber business.
Mazda Motor <7261>: 1,777.5 yen (-55.5 yen).
Significant decline. Due to the strengthening of the yen in the foreign exchange market, automaker stocks such as this company are declining today. At the Jackson Hole meeting last weekend, Federal Reserve Chairman Powell hinted at a rate cut in September, causing a decrease in long-term US interest rates and a weakening of the dollar against the yen. The USD/JPY exchange rate has dropped to the 143 yen range, with a significant appreciation of about 2 yen since last weekend. There are concerns about a downward revision in this fiscal year's earnings consensus due to the appreciation of the yen.
Yamaha Motor Co., Ltd. <7272>: 1,221 yen (-63.5 yen)
Significant decline. It has announced the implementation of a stock sale of 37.91 million shares and an oversold sale of 5.68 million shares. The sellers are Toyota Motor Corporation, Yamaha, and Mitsui Sumitomo Insurance. The selling price will be determined between September 2nd and 5th, reflecting the intention of the shareholders to sell. Last week, the trading volume was 3-4 million shares per day, and it seems that there is a predominant view that this will lead to a short-term deterioration in supply and demand.
Headwaters Inc. <4011>: 10,690 yen (+380 yen)
Rebound. After the close of trading on the 23rd, it announced a joint provision of support services for enhancing corporate competitiveness based on Microsoft's AI generation, in collaboration with Uchida Spectrum. Uchida Spectrum is the top domestic share as a Microsoft licensing reseller. It aims to pursue high synergy effects by utilizing the assets, know-how, and personnel of both companies to support the use of AI generation by enterprise companies.
Kufu Co., Ltd. <4376>: 277 yen (+39 yen)
Rapid growth. After the close of trading on the 23rd, Kids Star, a consolidated subsidiary, announced that its new listing on the Tokyo Stock Exchange Growth Market has been approved, which has been well received. The scheduled listing date is September 26th. Kids Star's children's social experience app, "Gokko Land," is an educational app that allows children to learn about the mechanisms of society through experiential content from real companies and brands. By listing, it is expected to achieve further improvement in social credibility and awareness, and to expand services through the participation of new companies.
Collabos, Inc.<3908>: 321 yen (+9 yen)
Continued rise. It was announced that a share buyback would be conducted after the close of trading on the 23rd, and it is viewed as positive news. The acquisition period is from August 27th to September 20th, and the total number of shares to be acquired is 0.02 million shares (0.45% of the total number of issued shares excluding treasury stock), or a maximum total acquisition amount of 8 million yen. The reason for conducting the share buyback is to enable flexible capital policy in response to changes in the business environment.