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Afternoon session [Active stocks and traded stocks]
*Frontier M <7038> 786 +70 Hobby Link Inc., which sells models, plastic models, toys, and other products, has become a subsidiary. *Mandarake <2652> 417 +262 Sales revenue for all stores in November 2024 has returned to positive year-on-year for the first time in two months. *Tokai Dyeing <3577> 807 +104 Announced partial changes to the Shareholder benefit system. *Skymark <9204> 602 +37 Sojitz acquired 5% of the Stocks and became a major shareholder. *Modalis <4883> 109 +7 JCR Pharma <455
Frontier M, ami-yaki, Tohoko Chemical, ETC.
Continued decline. It has been reported that on the 2nd, Apple will begin an unusual sale in China, offering discounts of up to 500 yuan on the latest model of iPhone.
The Nikkei average fell sharply by 587 yen, with more than 70% of Main Board stocks declining = On the 6th, after the market opened in the afternoon.
On the 6th, after the market opened, the Nikkei Stock Average declined significantly by 587 yen and 49 sen to 39,307 yen and 05 sen during the afternoon session. The TOPIX (Tokyo Stock Price Index) also fell significantly by 28.54 points to 2,756.38 points. In the morning, the Nikkei Average started trading on a positive note, buoyed by the rise in US Stocks on the 3rd. However, it turned lower due to profit-taking selling and the drop in US stock index Futures during Extended hours trading. By 1:09 PM, the market remained weak, recording a drop of 661.
Frontier Management: Extraordinary Report
Hot Stocks Digest (Morning Session): Furukawa Electric, Frontier M, Asterisk, etc.
Significant rebound. Today, the financial results for the third quarter are being announced.
Frontier M --- Significant rebound announced the subsidiary acquisition of Hobby Link.
Frontier M <7038> has made a substantial rebound. The consolidated subsidiary Frontier Capital announced that it will make Eagle Invesco, which owns all shares of Hobby Link Japan, its subsidiary. Hobby Link is a toy retailer that primarily handles models, plastic models, and figures, selling to overseas customers through the internet. It appears to have a stable customer base as one of the oldest players in the industry. Recent operating profit is at a level of approximately 0.7 billion yen, indicating an impact on performance.