＜2875＞ Toyo Suisan 10915 +70

Continued growth. UBS Securities raised investment decisions from “neutral” to “buy,” and the target stock price was also raised from 10300 yen to 11700 yen. There is a possibility that the company's transformation will step into not only return but also business transformation, and it is assumed that North America will continue to grow healthily and that excessive competition will not occur, etc., so it seems that evaluations are being raised. Earnings forecasts for the fiscal year ending 26/3 have been revised upward, and it seems that valuations will also be raised. I also think of the new mid-term plan for 25/3 as catalysts.

＜7186＞ Concordia 920.7 +37.2

Significant continued growth. At JP Morgan Securities, investment decisions have been upgraded from “neutral” to “overweight,” and the target stock price has also been raised from 920 yen to 1300 yen. In addition to reflecting the Bank of Japan's heightened possibility of interest rate hikes, etc., it also seems that the expansion of growth potential due to M&A effects is also being evaluated. The fact that it has recovered its position as the “number one” regional bank and that it has announced a larger share repurchase than normal also seems to be viewed positively.

＜4967＞ Kobayashi Pharmaceutical 5986 +257

Significant continued growth. Mizuho Securities has upgraded investment decisions from “neutral” to “buy,” and the target stock price has also been raised from 6300 yen to 6400 yen. It has been determined that the red mold problem is coming to an end, and it seems that full-scale business activities are expected to resume from the fiscal year ending 25/12. It is assumed that new movements will also be added, such as management transparency through management reform and efficient use of advertising costs. Operating profit for the fiscal year ending 25/12 is expected to be 25.4 billion yen, up 5.5% from the previous fiscal year.

＜7719＞ Tokyo Weighing Equipment 230 +18

Massive backlash. Last weekend, it was announced that the designation of special caution stocks and managed stocks (under examination) was canceled from the Tokyo Stock Exchange. It was discovered that the company was carrying out improper accounting processing, and it was designated as a special caution market stock in 23/3. This time, an internal management system confirmation was submitted to the Tokyo Stock Exchange, and it seems that it has also been acknowledged that responses to matters where improvements were insufficient are being carried out. It seems that a sense of purchase security has become dominant as credit risk declines.

＜2269＞ Meiji HD 3199 -100

Significantly cheaper. Stock sales of 12.73 million9200 shares and implementation of sales due to overallotment with an upper limit of 1.91 million800 shares were announced last weekend. The sellers are financial institutions that are major shareholders, starting with Resona Bank, and sales prices will be determined between December 3 and 6. It is part of the reduction in strategic holdings, and it has been determined that it is possible to actively rebuild the shareholder structure by providing smooth sales opportunities. Movements to be wary of short-term impacts on supply and demand are ahead.

＜4234＞ Sanei Kaken 554 +50

rapid expansion. It has been announced that treasury shares will be acquired through off-site transactions. Today's off-site transaction will be carried out with an upper limit of 1 million shares and 0.5 billion 4 million yen, which is 9.5% of the number of issued shares. If the maximum number of shares is 1 million shares and the total acquisition amount is 0.6 billion yen, it is likely that market purchases will be carried out using the acquisition period until 25/10/31. The direct impact on supply and demand is likely to be limited, but positive responses prevail as leading to an increase in value per share.

＜3321＞ Mitachi 1270 +140

rapid expansion. An upward revision of earnings forecasts was announced last weekend. Operating income for the first half of the year was revised upward from the previous forecast of 0.6 billion yen to 0.9 billion yen, down 3.7% from the same period last year, and from 1.8 billion yen to 1.9 billion yen for the full fiscal year, up 19.4% from the previous fiscal year, respectively. Commercial flow transfers for automobile-related customers that began in the 2nd quarter or later, and strong sales of EMS orders related to consumer life seem to be the background. Since profit declined drastically in the first quarter, down 35.9% from the same period last year, the positive impact intensified.

＜4183＞ Mitsui Chemicals 3677 +95

Significant continued growth. It was announced that treasury stock will be repurchased last weekend. The upper limit is 3.2 million shares, which is 1.68% of the number of issued shares, and 10 billion yen, and the acquisition period is from 11/25 to 25/2/28. Of these, up to 2.79 million1700 shares, it is said that the purchase will be outsourced for today's off-site transaction. We will evaluate movements aimed at improving capital efficiency, such as progress in reducing policy holdings. Furthermore, a management overview briefing session is also scheduled to be held on the 26th.

＜2752＞ FUJIO FOOD 1192 -140

Plummeting. A public offering of 5 million shares and implementation of sales through over-allotment with an upper limit of 0.75 million shares have been announced. The public offering price decision date is from December 2 to 5. The number of newly issued shares is at a level equivalent to 12.6% of the current number of issued shares, and it seems that the dilution of stock values is disgusting. As for the estimated take-home amount of less than 7 billion yen, it seems that it will be applied to new store opening funds and capital investment funds.

＜9009＞ Keisei 4370 +531

rapid expansion. It has been reported in some reports that the former Murakami Fund investment company held shares of the company, Keikyu Electric Railway, and the two major Kanto private railways companies. According to one market participant, it is said that the ownership ratio for Keikyu will reach a level of over 5% in a little while, and it is also thought that the company will buy up to 10-20% in the future even though it is still less than 1%. It became a situation where immediate supply and demand speculations etc. took precedence, and together with Keikyu Electric Railway, they developed a buying advantage.