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Wave Block HD Research Memo (2): A resin processing manufacturer that started with the introduction of Wave Block technology.
■Company Overview 1. Company History Wave Block Holdings <7940> was established in 1964 as Japan Wave Block Co., Ltd. by equal investments from three companies: Nichisho Co., Ltd. (now Sojitz <2768>), Japan Carbide Industry <4064>, and Marutoko Chemical Industries Co., Ltd. (now Ryuta Chemicals Co., Ltd.). The origin was to introduce the patented "Wave Block" technology from Italy related to reinforced Plastics sheets. The Wave Block method involves two sheets of plastic film.
PolAOL HD, DaiKin ETC (additional) Rating
Upgraded - Bullish Code Stock Name Securities Company Previous Change After---------------------------------------------------<6135> Makino F SMBC Nikko "2" "1" <8750> Dai-ichi Life Holdings Mizuho "Hold" "Buy" <8795> T&D Holdings Mizuho "Hold" "Buy" Downgraded - Bearish Code Stock Name Securities Company Previous Change After-----------------------------------------
Moss Redwood is set to construct a recycling plant for EV batteries.
The future of the EV industry is uncertain, with Trump, the next U.S. president, criticizing preferential measures for promotions. However, it is expected that the electrification of the automobile industry and the demand for major raw materials will continue to expand. Many of these raw materials are sourced from asia, and U.S. Redwood Materials, which is involved in the recycling of used lithium-ion batteries, plans to build a cathode production plant on its site covering approximately 0.03 million square meters. <7456> Matsuda Industries <
Sojitz Repurchases 1.5 Million Shares
Sharp corp, Sysmex etc (additional) Rating.
Downgrade - Bearish Code Stock Name Securities Companies Previously Changed After -------------------------------------------------- <6920> Laser Tech McCaulley "Out P" "Neutral" <7951> Yamaha Mizuho "Buy" "Hold" <8058> Mitsubishi Shounomura "Buy" "Hold" Target Stock Price Change Code Stock Name Securities Companies Previously Changed After ----------------------
Sojitz: Confirmation letter
