GoodComA <3475>: 754 yen (-97 yen)

Significant decline. The company announced its third-quarter financial results the previous day, with cumulative operating profit increasing by 84.4% year-on-year to 2.86 billion yen, a significant turnaround from the 32.2% decline in the first half. However, the progress rate towards the unchanged full-year plan of 5.34 billion yen, which is 2.5 times higher than the previous year, remains at 53.6%, and concerns about not achieving it are not completely dispelled. There is a sense of saturation and a leading position in advance. The announcement of a share buyback of up to 0.9 million shares, representing 3.12% of the issued shares, and 765 million yen, is limited in positive movements.

Kawasaki Heavy Industries <7012>: 4869 yen (+284 yen)

Significant advance. Goldman Sachs Securities has initiated coverage with a 'buy' investment rating and a target stock price of 7000 yen. The degree of contribution to profit growth from the aerospace and defense sectors, which are the source of profit growth, is not inferior to that of two major competitors. However, there is a notable delay in stock price valuation, and it is said that it is underperforming by 72% compared to the two companies since the beginning of the year. It seems to be a favorable position due to the relative certainty of profit outlook and the undervalued stock price valuation.

JMHD <3539>: 3265 yen (+210 yen)

Significant advance. The company announced its financial results for the fiscal year ending July 24th, with operating profit increasing by 26.3% year-on-year to 9.15 billion yen, landing at the upwardly revised level in July. The annual dividend is planned to increase by 2 yen from the previous plan to 42 yen. For the fiscal year ending July 25, an operating profit of 9.9 billion yen, an 8.2% increase, is expected, and the annual dividend is planned to increase by 2 yen to 44 yen. In response to the major shareholders' shareholding adjustments, the company also announced a buyback implementation in off-hours trading, with a maximum of 1.4 million shares and 4.277 billion yen.

MacbeeP <7095>: 3330 yen (+315 yen)

Significant advance. The company announced its first-quarter financial results the previous day, with operating profit increasing by 14.8% year-on-year to 1.15 billion yen, achieving double-digit revenue and profit growth compared to the company's full-year plan. The annual dividend, which was previously undecided, will be 36 yen, a substantial increase of 22 yen compared to the previous period. Furthermore, a share buyback with a maximum of 0.65 million shares and 1.65 billion yen was announced, believed to be in response to some major shareholders' stock sales.

Kamakura Shimbun <6184>: ¥481 (+ ¥80)

The stock price limit up. The financial results for the first half of the previous day showed an operating profit of 37 billion yen, an increase of 15.2% from the same period of the previous year, and the rate of increase in profit has expanded from the 4.9% increase in the first quarter. The shareholder return policy for the three-year medium-term plan has been decided. It has been decided to transition from the previous stable dividend policy to a limited measure during the three-year medium-term management plan period, with a dividend payout ratio of 100% or 20 yen per share, whichever is lower. Accordingly, the annual dividend for the January period of 25 will be increased by 16 yen from the previous period to 20 yen.

R Planner <2983>: ¥1238 (+ ¥19)

Rebound. After the close of trading on the 12th, the company announced its second quarter financial results for the fiscal year ending in January 2025, which are viewed as positive developments. Revenue was ¥20.267 billion (up 27.9% from the same period last year), and operating profit was ¥1.047 billion (up 563.1% from the same period last year). The number of units sold for custom-built homes and condominiums increased, and revenue continued to grow steadily. In terms of expenses, investment in acquiring talented individuals and other initiatives has led to an increase in sales and general administrative expenses due to higher personnel costs. However, the company has seen improved gross profit due to appropriate pricing and a decrease in the cost of certain construction materials.

Tsukuruba <2978>: ¥877 (- ¥47)

Decline. After the close of trading on the 12th, the company announced its full-year financial results for the fiscal year ending in July 2024. Due to the expansion of the Kawamo business, full-year sales reached ¥5.483 billion (up 42% from the previous year), and gross profit reached ¥2.824 billion (up 16%), both setting new record highs. In addition, the company's initial goal of improving overall productivity has been progressing smoothly, and operating profit achieved a full-year profit of ¥0.155 billion, an increase of ¥0.287 billion compared to the previous year. For the fiscal year ending in July 2025, the company anticipates a 46% increase in sales and a 48% increase in operating profit, thanks to further expansion of the Kawamo business. However, underperformance of operating profit compared to the pre-announcement estimate has resulted in a preference for selling.

PB Systems <4447>: ¥586 (+ ¥52)

The share price rose significantly. It was announced that a share buyback would be conducted after the close of trading on the 12th, which is seen as positive news. The total number of shares to be acquired is 0.3 million shares (4.70% of the total issued shares excluding treasury stock) or up to 10.8 billion yen, with the acquisition period from September 13th to December 24th. The purpose is to enhance capital efficiency and provide benefits to shareholders, as well as to pursue a flexible capital policy in response to the business environment.