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MonotaRO, Daio Paper, ETC (additional) Rating
Upgrades - Bullish Code Stock Name Broker Previous After ------------------------------------------------------------- <1911> Sumitomo Forestry SMBC Nikko "2" "1" <4062> Ibiden Morgan Stanley "Equal Weight" "Over Weight" <5333> Gaishi Mizuho "Hold" "Buy" Downgrades - Bearish Code Stock Name Broker Previous After ---------------------------
The decline in Japanese tech stocks led to a temporary drop below the 38,000 yen level.
The Nikkei average continued to decline, closing at 38,142.37 yen, down 95.42 yen (with an estimated Volume of 1.8 billion 50 million shares). In the previous day's USA market, tech stocks were sold off, leading to a focus on selling semiconductor-related stocks in the Tokyo market. The Nikkei average dropped to 37,742.76 yen during the mid-morning session, also dipping below the key level of 38,000 yen at times. However, many are eager to wait for the earnings report from USA semiconductor giant NVIDIA, which is scheduled for early tomorrow morning Japan time.
Japan's Food Inflation Is Becoming Harder for BOJ to Overlook
Japan paper, NRI, ETC (additional) Rating
Upgraded - Bullish Code Stock Name Brokerage Firm Previous Change After --------------------------------------------------------- <3861> Oji Holdings Nomura "Neutral" "Buy" Downgraded - Bearish Code Stock Name Brokerage Firm Previous Change After --------------------------------------------------------- <4477> BASE Daiwa "2" "3"
Rating Information (Target Price Change - Part 1) = Rengo, Gifty, ETC.
◎Nomura Securities (three-stage: Buy > neutral > Reduce) Rengo <3941.T> -- "Buy" to "Buy", 1370 yen to 1110 yen NRI <4307.T> -- "Buy" to "Buy", 5500 yen to 6000 yen KOKUSAI <6525.T> -- "Buy" to "Buy", 3700 yen to 3750 yen Panasonic <6752.T> -- "Buy" to "Buy", 2300 yen to 2500 yen Menicon <7780.T> -- "Buy" to "B
Kikkoman Completes Significant Share Buyback