Kurita Works Co., Ltd. stock price of 5949 yen from <6370> is up 287 yen.

Significantly rising. At SMBC Nikko Securities, the investment rating has been upgraded from '2' to '1', and the target stock price has been raised from 7000 yen to 8200 yen. The company is expected to achieve its full-year order plan, the improvement in the general water treatment market's operating profit margin continues to be observed, and the demand in the high-profile electronic market is expected to recover significantly by the end of March 2026, all of which suggests that the current decline in stock price is seen as an investment opportunity. The high defensiveness of the company is also currently being appreciated.

Tsumura Co., Ltd. stock price of 4241 yen from <4540> is up 270 yen.

Significantly rising. Nomura Securities has initiated coverage with a 'Buy' rating and a target stock price of 6000 yen. Riding on the significant drug price increase in March 2025, traditional Chinese medicine prescriptions in Japan and the growth of business in China seem to be on a growth trajectory, entering a full-fledged performance growth trend. The Chinese government's policies promoting the development and quality improvement of traditional prescriptions are also seen as a tailwind. The medium-term revenue growth rate until the end of March 2029 is expected to be an annual 7.8%, with an operating profit margin of 7.0%.

Wakamoto Co., Ltd. stock price of 299 yen from <4512> is up 55 yen.

Soaring. On September 19, it was announced that Wakamoto Co., Ltd. obtained manufacturing and sales approval from the Ministry of Health, Labour and Welfare for their intraocular lens (marketed as Acrybatrinova Pro). This product, produced by a German biotechnology company, is a multifocal intraocular lens that is expected to reduce halos and glare that are common issues with multifocal intraocular lenses due to its unique optical technology. The company is preparing for sales and will announce the start date in the future.

Hitachi Ltd. stock price of 3856 yen from <6501> is up 184 yen.

It is updating its highest price on July 11th with a significant increase. It has announced the development of a system to inspect the safety of railroad infrastructure such as rails, catenaries, and signals in collaboration with NVIDIA. By simply attaching dedicated equipment to railroad vehicles and running them, it seems that infrastructure inspection can be performed. Real-time monitoring is expected to lead to the efficiency of maintenance work. It is said that they will showcase new technologies at the world's largest railroad technology exhibition opening in Germany on the 24th.

<3391> Tsuruha HD 8683 -28

Decline. Last weekend, the first quarter financial results were announced. Operating profit increased by 7.1% year-on-year to 15.1 billion yen, surpassing the consensus by about 0.5 billion yen. At the same time, they announced a revision of financial estimates due to a change in the accounting period. By changing the period end of the financial results to the end of February, this fiscal year will be an irregular 9.5-month period, with a new forecast for annual operating profit of 38.7 billion yen. The previous estimate was around 42 billion yen on an annual basis, but it seems that around 4 billion yen of one-time costs will be included.

<4936> Axiagia 583 +36

Marked increase. They have announced the implementation of a share buyback program for treasury stock of up to 0.5 million shares, amounting to 0.3 billion yen, representing 1.99% of the issued shares. The buyback period is from September 24th to January 31st of the 25th year. The purpose of the buyback is to achieve a balance between growth investment and shareholder returns, enabling further profit return to shareholders. They announced the financial results for the period ending in July of the 24th year on September 13th, and amidst a significant drop in stock prices, it is seen as a prime material for a strong rebound.

<3778> Sakura 4685 +545

Sharp rise. They have announced an upward revision of earnings forecasts last weekend. The first-half operating profit has been raised from the previous estimate of 0.8 billion yen to 1.1 billion yen, while for the full year, it has been increased from 2 billion yen to 2.6 billion yen, representing a 2.9 times increase from the previous period. Besides the upward momentum in GPU cloud service sales, cloud services and group company sales are also showing good progress. Judging from the progress in the first quarter, it seems the positive impact of the upward revision is leading the way.

<3696> Cerest 1623 +300

Trading halt proportional distribution. They announced last weekend that they will implement a shareholder benefit system from the end of the fiscal year ending in December of the 24th year. For shareholders holding 100 shares or more, they plan to bestow cryptographic assets worth 10,000 yen. Details about the brand of cryptographic assets to be bestowed will be provided separately. Along with the annual dividend of 20 yen, the actual yield for shareholders at the time of September 19th seems to be 9.2%. While it is necessary to open an account with a cryptographic asset exchange, there is a predominant trend of perceiving the high yield level as an attractive move.

<3038> Kobe Bussan 4353 -331

Significant drop. Last weekend, the monthly trend for August was announced. Operating income amounted to a deficit of 4.89 billion yen, following a significant deficit of 3.02 billion yen from the previous month, leading to a prevailing negative sentiment. Amid a temporary yen depreciation, in the foreign exchange reserves conducted, it seems that a revaluation loss was recorded due to the yen's appreciation towards the end of August. Additionally, an increase in operating profit was secured at the operating profit level, as the yen's appreciation also led to a decrease in purchase prices, which is expected to be a future driver pushing up operating profit.

<6222> Shima Seiki 1211 -127

Significant drop. They announced a downward revision of their first-half performance forecast last weekend. Operating profit was reduced from the previously forecasted profit of 0.5 billion yen to a deficit of 2.1 billion yen, compared to a profit of 0.37 billion yen in the same period last year. Background factors include continued decline in equipment investment in the key markets of China and Italy, as well as the deferral of significant orders in Bangladesh due to the impact of anti-government protests. They are maintaining their full-year forecast at the current stage. Furthermore, the annual dividends have also been reduced from the previous plan of 20 yen to 15 yen.