Tokyo Growth Market Index 808.04 -23.28 / Volume 0.2 billion 17.54 million shares / Trading value 116.6 billion yen

Tokyo Growth Market 250 Index 632.14 -18.68 / Volume 0.1 billion 57.87 million shares / Trading value 91.8 billion yen

Today's Growth Market saw the Tokyo Growth Market Index and the Tokyo Growth Market 250 Index both decline for the third consecutive day. The number of advancing stocks was 81, declining stocks were 480, and unchanged stocks were 21.

The U.S. market on the 10th had mixed results. The Dow Jones fell by 92.63 points (-0.23%) to 40,736.96, Nasdaq rose by 141.28 points (+0.84%) to 17,025.88, and S&P 500 rose by 24.47 points (+0.45%) to 5,495.52 at the close. Expectations of a soft landing drove buying, resulting in an initial rise followed by a decline due to weakness in the energy sector from the fall in financials and oil prices, leading to a full-day decline in the Dow. High-tech stocks remained strong throughout the day and closed mixed.

With the mixed performance of U.S. stocks, the Growth Market started the day trading sideways at the previous day's closing level. After the morning trading session, leading stock GENDA <9166> began to expand its decline, causing the the Growth Market 250 Index to also decline further. The strengthening of the yen's exchange rate led to a sharp decline in the prime market in the afternoon, worsening investor sentiment. The Growth Market also became bearish, and there were moments when the Growth Market Index fell below 800 points.

Individually, GENDA dropped by over 15% from the previous day, and core 20 stocks such as C-See <9158>, T-K-P <3479>, Adventure <6030>, and BASE <4477> saw steep declines. PSS <7707>, Cygnia <6031>, and Mitsuenia<138A> ranked among the top decliners.

On the other hand, in terms of market capitalization, GMO Financial Gate <4051>, Integral <5842>, and Ispace <9348> stood firm. Prodelight <5580>, Cayom Biyo <4583>, Medinet <2370>, and Fruitafullta <2586> ranked among the top gainers.

In addition, Tokyo Growth Market core index constituents such as GENDA, C-See, T-K-P, Adventure, BASE, and GNI Group <2160> were sold.

[Top 10 gainers and losers on the Tokyo Stock Exchange Growth Market]

Top 10 gainers

| Code | Stock Name | 　Current price | Change from previous day | 　　Ratio from previous |

1| 5580| Prodelight | 1363| 300| 28.22|

2| 4583| Kaiomu | 121| 19| 18.63|

3| 4268| Edge Technology | 840| 103| 13.98|

4| 2370| MDNT | 49| 5| 11.36|

5| 2586| Flutta | 110| 9| 8.91|

6| 9337| Tritri| 1678| 121| 7.77|

7| 5588| First A| 1149| 80| 7.48|

8| 2983| R Planner| 1230| 85| 7.42|

9| 4811| Dream Arts| 3045| 200| 7.03|

10| 7093| Adish| 834| 44| 5.57|

Top 10 declining percentage | Code | Stock name | Current price | Previous day difference | Previous ratio |

| Code | Stock Name | 　Current price | Change from previous day | 　　Ratio from previous |

1| 7707| PSS| 295| -53| -15.23|

2| 9166| GENDA | 2231| -396| -15.07|

3| 1436| Green Energy | 2139| -291| -11.98|

4| 4054| Japan Information C | 883| -101| -10.26|

5| 6031| Cyginia | 516| -55| -9.63|

6| 138A| Light Food Service | 3495| -355| -9.22|

7| 6034| MRT | 896| -91| -9.22|

8| 7112| Cube | 651| -62| -8.70|

9| 7362| T.S.I | 1129| -105| -8.51|

10| 5582 | Grid | 2586 | -240 | -8.49 |