Nippon Electric Glass, Japan Post Insurance, ETC (Additional) Rating

Upgraded - Bullish Code Stock Name Securities Company Previous Changed After ---------------------------------------------------------- <6807> Wireless Electronics Macquarie "Neutral" "Outperform" Target Price Change Code Stock Name Securities Company Previous Changed After ---------------------------------------------------------- <3349> Cosmos Pharma

Fisco JapanMar 13 23:20 ET

Rating information (Target Price change - Part 1) = Kampo Life, Sumitomo etc.

◎ Daiwa Securities (5 levels: 1 > 2 > 3 > 4 > 5) Kanto Life <7181.T> -- "1" to "1", 4000 yen to 4100 yen T&D HD <8795.T> -- "1" to "1", 4300 yen to 4600 yen Dai-ichi Life HD <8750.T> -- "2" to "2", 4600 yen to 5000 yen Fukuyama Transport <9075.T> -- "3" to "3", 4000 yen to 3900 yen AZC Maruwa <9090.T> -- "3" to "3", 1550 yen to 1300 yen ◎ Mizuho Securities (3 levels.

Kabushiki ShimbunMar 13 21:02 ET

SBSHD, Kirin HD, etc. (additional) Rating.

Upgrades - Bullish Code Stock Name Securities Company Previous After -------------------------------------------------------------- <4971> Meck Morgan Stanley "Equal Weight" "Overweight" <5831> Shizuoka Financial Group Morgan Stanley "Equal Weight" "Overweight" <5838> Rakuten Bank Morgan Stanley "Equal Weight" "Overweight" Downgrades - Bearish Code Stock Name Securities Company Previous After --------

Fisco JapanMar 11 23:23 ET

The Nikkei average is up 50 yen, showing strong performance after the shift to an upward trend = 12 days ago.

At around 10:06 AM on the 12th, the Nikkei average stock price fluctuated around 36,845 yen, up about 50 yen from the previous day. At 9:25 AM, it hit 36,956.33 yen, up by 163.22 yen. On the 11th, U.S. President Trump announced that a 25% additional tariff would be imposed on Iron & Steel and Aluminum imported from Canada. With the previous increase combined, the tariff rate will rise to 50%, raising concerns about the impact on the U.S. economy, leading to a continued decline in U.S. stocks. President Trump has indicated a plan to review the additional tariffs.

Kabushiki ShimbunMar 11 21:11 ET

Roland, Asics, etc. (additional) Rating

Upgrades - Bullish Code Stock Name Securities Company Previous After ---------------------------------------------------- <5803> Fujikura Mizuho "Hold" "Buy" <7181> Japan Post Insurance SMBC Nikko "2" "1" <7186> Concordia City "2" "1" <1878> Daiwa House Daiwa "2" "1" Downgrades - Bearish Code Stock Name Securities Company Previous After ---------------------

Fisco JapanMar 10 22:31 ET

M3, Coca BJH, etc. (additional) Rating

Upgraded - Bullish Code Stock Name Brokerage Firm Previous After Change --------------------------------------------------- <3436> SUMCO SMBC Nikko "2" "1" <5947> Rinnai Mizuho "Hold" "Buy" <9983> Fast Retailing SMBC Nikko "2" "1" Downgraded - Bearish Code Stock Name Brokerage Firm Previous After Change -------------------------------------

Fisco JapanMar 9 23:30 ET