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Meidensha: Confirmation letter
Meidensha: Semi-annual report - 161st Period (2024/04/01 - 2025/03/31)
List of converted stocks (Part 2) [List of converted stocks for Parabolic Signal]
○ List of stocks for sale conversion market Code Stock Name Closing Price SAR Tokyo Main Board <1899> Fukuda Corporation 5580 5990 <1930> Hokuriku Electric 1100 1213 <1950> Nihon Electric Installation 1763 1884 <2053> Chubu Fodder 1345 1441 <2168> Pasona 2006 2105 <2229> Calbee 3237 3423 <2325> NJS 4030 4155 <2489> AD
TOTO, Ine, etc. (additional) Rating
Downgrade - Bearish code Stock name Securities company Previous After change ------------------------------------------<5423> Toto Steel Nomura 'Buy' 'Neutral' <7366> LITALICO Macquarie 'OutP' 'Neutral' Target stock price change code Stock name Securities company Previous After change ----------------------------------------
Strong buying interest in dips for high-tech stocks.
[Stock Opening Comments] The Japanese stock market on the 29th seems to be heading towards a tense market development. On the 28th, the USA market saw the dow jones industrial average rise by 273 points and the nasdaq rise by 48 points. Limited retaliatory attacks by Israel against Iran led to a dominant buying trend due to the decline in NY crude oil futures prices. Despite the burden of rising long-term US interest rates, large tech stocks like Apple and Meta Platforms were bought, providing support. Chicago Nikkei 225
Meidensha --- 2Q operating profit turned into black with 1.909 billion yen.
For the second quarter of the fiscal year ending in March 2025, revenue increased by 0.9% year-on-year to 120.99 billion yen, with an operating profit of 1.99 billion yen in the black (compared to a loss of 2.366 billion yen in the same period last year). Against the backdrop of active investment in electrical infrastructure both domestically and internationally, strong demand for heavy electrical products and systems continued. There is a tendency for revenue to be concentrated at the end of the fiscal year in various electrical facilities for power companies, government agencies, as well as in electrical facilities for municipal water purification plants and sewage treatment plants.
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