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KDDI Corporation (KDDIY) Q1 2025 Earnings Call Transcript Summary
Advantest Corporation (ATEYY) Q2 2024 Earnings Call Transcript Summary
KDDI Sees FY2024 GAAP EPS JPY 340.01; Sees Sales JPY 5770B.
KDDI Q2 EPS $0.29 Down From $0.31 YoY, Sales $9.85B Down From $10.01B YoY
Movement of risk avoidance due to the decline in US high-tech stocks and the appreciation of the yen.
The Nikkei average fell significantly. It closed at 38,053.67 yen, down 1,027.58 yen (volume approximately 1.9 billion 90 million shares). Following the selling of tech stocks in the previous day's U.S. market, semiconductor-related stocks and others lost value, as well as the yen temporarily strengthened to the 151 yen per dollar range, putting pressure. Selling spread to export-related stocks as well. Furthermore, in the afternoon session, profit-taking selling ahead of the three-day weekend starting tomorrow and caution ahead of next week's U.S. presidential election caused selling pressure after the holiday.
Bank of Japan Likely to Stay Course With a Rate Hike in December or January, Analysts Say