Foster Den, Koseido HD, Mitsusakura Kogyo, etc.

<6644> Osaki Electric fell sharply by 35 points to 764. Ichitoyo Securities has downgraded the rating from 'A' to 'B' and set the fair value at 900 yen. Although there have been no changes to financial estimates, it seems to reflect the rise in stock price. On the other hand, continued attention is being paid to the full-scale contribution of revenue from second-generation smart meters. In the domestic measurement and control business, smart meters are in a transitional period until the introduction of second-generation units, and it is expected that performance will continue to fluctuate through the end of March 2026.

Fisco JapanNov 21 02:08 ET

Socionext---significant decline, as domestic securities lowered the target stock price due to the possibility of reduced earnings in the next fiscal year.

Sosei Next <6526> fell sharply. Nomura Securities continues to maintain a "neutral" investment rating and has lowered the target stock price from 3600 yen to 2800 yen. Taking into account a further downturn in China's demand, short-term performance estimates have been revised downward, and it seems that there is a possibility of declining profits due to assumptions of stagnant demand despite strengthening pre-development efforts. A discount is granted to competitors due to the risk of consecutive profit declines for two periods. It is noted that the operating profit for the fiscal year ending March 2026 is 300 million yen.

Fisco JapanNov 21 00:07 ET

Active and newly listed stocks during the morning session.

* ID & EHD <9161> 5380 yen - The spread continues at the TOB price of 6500 yen by Tokio Marine. * Kosaido HD <7868> 505 +51, expecting demand improvement due to a share buyback. * JCR Pharma <4552> 692 +54, particularly no material but possibly inflow of funds from institutions. * LIFUL <2120> 174 +10, a sense of value but no particular materials observed. * Mitsuura Industry <6584> 797 +41, for datacenter water.

Fisco JapanNov 21 00:00 ET

Nikkei Average Contribution Ranking (Pre-Close) ~ The Nikkei Average continued to decline, with Fast Retailing lowering it by about 113 yen for one stock.

As of the close on the 21st, the number of rising and falling stocks in the Nikkei average was 88 up, 133 down, and 4 unchanged. The Nikkei average continued to decline, finishing the morning trade at 38,033.22 yen, down 319.12 yen (-0.83%) from the previous day (with an estimated volume of 0.8 billion 30 million shares). On the 20th, the U.S. stock market was mixed. The dow inc was up 139.53 points at 43,408.47 dollars, while the nasdaq ended down 21.33 points at 18,966.14. Ukraine.

Fisco JapanNov 20 22:50 ET

Idemitsu Kosan, Sumitomo Osaka Cement, etc. (additional) Rating

Upgraded - bullish code stock name brokerage firm previous changed after----------------------------------------------------------<9468>KADOKAWA Macquarie "Neutral" "Outperform" <5233> Taiheiyo Cement Daiwa "2" "1" target stock price change code stock name brokerage firm previous changed after----------------------------------------------

Fisco JapanNov 20 22:29 ET

Three points to watch in the latter half of the market - semiconductor stocks fell, briefly dropping below 38,000 yen.

In the afternoon trading on the 21st, three points should be noted. • The Nikkei Average continues to decline, falling below 38,000 yen temporarily due to the drop in semiconductor stocks. • The dollar-yen exchange rate hesitates to drop, resurging near 155 yen. • The top contributor to the decline is Fast Retailing <9983>, and the second is Advantest <6857>. ■ The Nikkei Average continues to decline, falling below 38,000 yen temporarily due to the drop in semiconductor stocks. The Nikkei Average is down 319.12 yen (−0.83%) from the previous day at 38,033.22 yen (estimated volume of 0.8 billion 30 million shares).

Fisco JapanNov 20 22:24 ET