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Noritake Plans Share Buyback and Cancellation of up to 750,000 Shares
Noritake - Pay attention to the 52-week line that will become a support level.
After a sudden drop when the market was closed, it hit a new low for the year on the fifth day, but rebounded by over 9% yesterday. Although it clearly fell below the 52-week line in the weekly chart, the rebound yesterday left a long lower shadow in the weekly chart, which makes people more aware of the bottom. If it clears the 52-week line of 3,664 yen, which will also fill the gap, the sense of a bottom will become stronger.
Canon Inc-spons adr and others announced their share buyback on August 6th.
The following companies announced their own share buyback program on Tuesday, August 6: <7751> Canon Inc.-spons adr with 32 million shares (3.3%) for 100 billion yen (Aug. 7, 2012 - Oct. 31, 2024) <8129> TOHO HOLDINGS CO., LTD. with 5 million shares (8.0%) for 15 billion yen (Aug. 7, 2012 - Mar. 31, 2025) <5331> Noritake CO., LIMITED with 0.75 million shares (2.6%) for 2.5 billion yen (Aug. 7, 2012 - Feb. 14, 2025) <6644> Osaki Electric Co., Ltd.
Tokio Marine saw a 54.7% increase in operating profit in the first quarter, reaching 265 billion yen.
Tokio Marine <8766> announced that its operating revenue for the first quarter of the fiscal year ending March 2025 increased by 5.6% YoY to JPY 1.924073 trillion, and its operating profit increased by 54.7% YoY to JPY 265.032 billion. Net income insurance premiums, which corresponds to the revenue of the non-life insurance business, were JPY 1.2984 trillion, up 10% YoY, thanks to the revised rates of automobile insurance and fire insurance. New contracts also increased in overseas business. [Positive evaluation] <7322> Sanyo FG | <7918> Via
Noritake: (Correction) Regarding a partial correction to the first quarter fiscal year 2025 financial results briefing (Japanese standard, consolidated).
Noritake: March 2025 quarter 1 financial results announcement [Japan standard] (consolidated)
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