Japanese ADR (American Depositary Securities) stocks rose and fell in comparison with the Tokyo Stock Exchange (converted to 1 dollar 155.37 yen), Japan Post (6178), ITOCHU Corporation ＜8001＞, Honda Motor Company ＜7267＞, Mizuho Financial Group ＜8411＞, Toyota Motor Corporation ＜7203＞, Terumo ＜4543＞, Advantest ＜6857＞, etc. rose and fell, and general buying dominance became dominant. The Chicago Nikkei 225 futures settlement value is 38,970 yen, which is 320 yen higher than the day in Osaka.

The US stock market is mixed. The Dow average closed at 43,958.19 dollars, up 47.21 dollars, and the NASDAQ fell 50.66 points to 19,230.74. Since the October Consumer Price Index (CPI) matched expectations, buying took precedence with a sense of security, and it stayed steady. At the same time, since additional interest rate cut observations at the December Federal Open Market Committee (FOMC) were strengthened in response to CPI, the market price continued to rise. The Dow remained strong throughout the day, but the NASDAQ stalled towards the end of the game, turned into a decline, and ended.

The dollar and yen fell to 154 yen 34 yen in the New York foreign exchange market on the 13th, then rose to 155 yen 62 yen, and closed at 155 yen 51 yen. Since the US October Consumer Price Index (CPI) almost matched expectations, additional interest rate cut observations at the December Federal Open Market Committee (FOMC) intensified, and dollar sales became dominant as long-term interest rates declined. After that, President Logan of the US Dallas Fed mentioned upward inflation risks, and US St. Louis Federal Bank President Musalem also showed a moderate interest rate cut forecast depending on the data, so dollar buying resumed when interest rates stopped falling. The euro dollar rose to 1.0653 dollars, then fell to 1.0556 dollars and closed at 1.0564 dollars.

NY crude oil futures for the 12-month period are slightly higher (NYMEX crude oil 12-month closing price: 68.43 ↑ 0.31).

■Stocks with the highest ADR growth rate (13th)

Stock code stock name closing price (dollar) Japanese yen conversion price Japanese closing price ratio gain/fall rate

＜8830＞ Sumitomo Real Estate 17 dollars 5283 yen (635 yen) +13.66%

＜9107＞ Kawasaki Kisen 14.7 dollars 2284 yen (172 yen) +8.14%

＜4755＞ Rakuten 6.65 dollars 1033 yen (68.1 yen) +7.06%

＜2801＞ Kikkoman 23.3 dollars 1810 yen (93 yen) +5.42%

＜6178＞ Japan Post 10.1 dollar 1569 yen (73 yen) +4.88%

■Stocks with lower ADR depreciation rate (13th)

Stock code stock name closing price (dollar) Japanese yen conversion price Japanese closing price ratio gain/fall rate

＜8750＞ Dai-ichi Life HD 25.4 dollars 3946 yen (-301 yen) -7.09%

＜9503＞ Kansai Electric Power 7.18 dollars 2,231 yen (-166 yen) -6.93%

＜5020＞ ENEOS 9.95 dollars 773 yen (-37.1 yen) -4.58%

＜7259＞ Aisin Seiki 9.65 dollars 1499 yen (-68 yen) -4.34%

＜7182＞ Japan Post Bank 9 dollars 1,398 yen (-47.5 yen) -3.29%

■Other ADR stocks (13th)

Stock Code Stock Name Closing Price (Dollar) Japanese Yen Conversion Price Japanese Closing Price Ratio

＜2914＞ Nippon Tobacco Industry 13.39 dollars 4161 yen (-5 yen)

＜3382＞ Seven & I HD 16.03 dollars 2491 yen (1 yen)

＜4063＞ Shin-Etsu Chemical 18.17 dollars 5646 yen (0 yen)

＜4502＞ Takeda Pharmaceutical 13.56 dollars 4214 yen (13 yen)

＜4519＞ Chugai Pharmaceutical 23.02 dollars 7153 yen (24 yen)

＜4543＞ Terumo 19.59 dollars 3044 yen (18 yen)

＜4568＞ Daiichi Sankyo 29.87 dollars 4641 yen (17 yen)

＜4661＞ Orienland 24.04 dollars 3735 yen (7 yen)

＜4901＞ Fujifilm 10.78 dollars 3350 yen (-10 yen)

＜5108＞ Bridgestone 17.2 dollars 5345 yen (-89 yen)

＜6098＞ Recruit HD 12.73 dollars 9889 yen (-23 yen)

＜6146＞ Disco 27.2 dollars 42261 yen (191 yen)

＜6178＞ Japan Post 10.1 dollars 1569 yen (73 yen)

＜6201＞ Toyota Industries 71.57 dollars 11120 yen (5 yen)

＜6273＞ SMC 21.65 dollars 67275 yen (35 yen)

＜6301＞ Komatsu Seisakusho 26.45 dollars 4110 yen (19 yen)

＜6367＞ Daikin Industries 11.95 dollars 18567 yen (-33 yen)

＜6501＞ Hitachi, Ltd. $49.88 3875 yen (-2 yen)

＜6503＞ Mitsubishi Electric 34.71 dollars 2696 yen (6.5 yen)

＜6594＞ Nidec 4.56 dollars 2834 yen (-15.5 yen)

＜6702＞ Fujitsu 17.59 dollars 2733 yen (-10 yen)

＜6723＞ Renesas 6.79 dollars 2110 yen (-7 yen)

＜6758＞ Sony 18.5 dollars 2874 yen (-16.5 yen)

＜6857＞ Advantest $60.7 9431 yen (51 yen)

＜6902＞ Denso 14.54 dollars 2259 yen (-0.5 yen)

＜6954＞ FANUC $13.03 4049 yen (-5 yen)

＜6981＞ Murata Manufacturing 8.37 dollars 2601 yen (3 yen)

＜7182＞ Japan Post Bank 9 dollars 1,398 yen (-47.5 yen)

＜7203＞ Toyota Motor Corporation 172.42 dollars 2679 yen (17 yen)

＜7267＞ Honda Motor 25.87 dollars 1340 yen (15 yen)

＜7741＞ HOYA 131.07 dollars 20364 yen (104 yen)

＜7751＞ Canon 32.03 dollars 4977 yen (12 yen)

＜7974＞ Nintendo 12.98 dollars 8067 yen (1 yen)

＜8001＞ ITOCHU Corporation 102.94 dollars 7997 yen (201 yen)

＜8002＞ Marubeni 153.53 dollars 2385 yen (0 yen)

＜8031＞ Mitsui & Co., $410.39, 3188 yen (2 yen)

＜8035＞ Tokyo Electric $73.46 22827 yen (22 yen)

＜8053＞ Sumitomo Corporation 20.94 dollars 3253 yen (13 yen)

＜8058＞ Mitsubishi Corporation 17.24 dollars 2678 yen (10.5 yen)

＜8306＞ Mitsubishi UFJFG 11.5 dollars 1788 yen (2 yen)

＜8316＞ Sumitomo Mitsui Financial Group 13.89 dollars 3597 yen (1 yen)

＜8411＞ Mizuho Financial Services 4.54 dollars 3523 yen (38 yen)

＜8591＞ ORIX $107.76 3349 yen (9 yen)

＜8725＞ MS&AD Inci HD 23.18 dollars 3601 yen (-6 yen)

＜8766＞ Tokio Marine HD 37.73 dollars 5862 yen (-7 yen)

＜8801＞ Mitsui Fudosan 24.8 dollars 1284 yen (-9 yen)

＜9432＞ NTT 24.36 dollars 151 yen (-0.8 yen)

＜9433＞ KDDI 16.04 dollars 4984 yen (6 yen)

＜9983＞ Fast Lite $31.62 49128 yen (228 yen)

＜9984＞ SoftBank G 29.47 dollars 9158 yen (21 yen)