Serene <3569>: ¥ 2487 (+ ¥ 107)

Significant increase. According to a large shareholding report submitted last weekend, Oasis Management, an investment fund in Hong Kong, has become a major shareholder with a 6.28% stake. The purpose of the holding is portfolio investment. Oasis Management is known as an activist and has played a role in promoting the reorganization of the domestic drugstore industry. It seems that expectations are also growing for the company.

Nicho <2353>: ¥ 214 (+ ¥ 11)

Significant rebound. The company announced its results for the fiscal year ending July 2024 last weekend. Operating profit was ¥ 6.46 billion, an increase of 4.2% compared to the previous year, and it fell short of the previous estimate of ¥ 7 billion. Excluding the impact of a one-time real estate sale in the previous year, it was actually double-digit growth. For the fiscal year ending July 2025, the company forecasts operating profit of ¥ 7 billion, an increase of 8.3%, which is considered to be positive. The annual dividend is planned to be ¥ 7.0, an increase of ¥ 1.5.

Japan House HD <1873>: ¥ 356 (+ ¥ 14)

Significant increase. The company announced its results for the first quarter last weekend, with operating profit of ¥ 0.72 billion. The progress rate against the semi-annual plan of ¥ 1.18 billion remained at 60.9%, a good progress. In the previous year, the operating profit for the same period was at the level of ¥ 0.35 billion, so it more than doubled. For the housing business, although sales declined due to a decrease in orders received, profitability has improved due to cost reduction and expense reduction.

Lenova <9519>: ¥ 927 (- ¥ 76)

Significant decline. Last weekend, the company announced a change in the start date of a large biomass power plant during trading hours, leading to a dominant selling trend in the afternoon session. Today, with the worsening overall market conditions, the downward movement has intensified. The biomass power plant owned by Gozenzaki Port Biomass Energy, an equity method company, was scheduled to start operating in October, but it took more time to make final adjustments to the boiler and turbine facilities for stable operation, and the start date has been changed to March 2025.

Shuppin <3179>: ¥1168 (-¥152)

Significant decline. It announced the monthly trends for August last weekend. Although the monthly revenue increased by 6.0% compared to the same month last year, double-digit growth had been continuing since March, with revenue growth rates exceeding 20% in June and July. This slower growth than expected is being negatively perceived. While the main camera business continues to perform well, the watch business and duty-free sales were soft due to factors such as exchange rates.

Chiiki Newspaper <2164>: ¥342 (-¥9)

Continuing decline. After the close of trading on the 6th, the introduction of a shareholder benefit system was announced. Shareholders who hold 100 or more shares of stock listed or recorded on the shareholder registry as of the end of February (end of the second quarter) and the end of August (end of the fiscal year) are eligible. By registering for the "Shareholder Friends Club," the sales of "Regional Specialty Goods" will be discounted by 20%. Note that the initial offering is limited to shareholders who hold 100 or more shares of stock listed or recorded on the shareholder registry as of July 11, 2024. However, the stock price is being pushed down by the downturn in the market, and selling is prevailing.

Yutori <5892>: ¥2350 (+¥26)

Rebound. It released the August monthly KPI results. The total company revenue continued to increase by 21.1% compared to the same month last year. Among the brands, '9090' continued to lead, and 'camphor wood' saw increased sales. In August, the monthly result exceeded the budget by 4.5%, progressing smoothly according to the plan, despite some stores closing due to the impact of a typhoon.

Edge Technology <4268>: ¥637 N/A

Trading with a buying bias at the daily limit up. It was announced that in the board of directors meeting, an agreement was made to express support and recommend applying for Chiba Bank's public tender offer for common stock and subscription rights, seen as a positive development. The purchase period is from September 9th to October 23rd, with a purchase price of ¥841 per share of common stock, exceeding the closing price on the 6th by 56.6%. The aforementioned board resolution was made with the intention that through the public tender offer and subsequent procedures, the acquiring company aims to make the company a wholly-owned subsidiary and delist the company's stocks.