INPEX, Haseko etc. (additional) Rating

Upgrades - Bullish Code Stock Name Securities Company Previous After ----------------------------------------------------------- <1979> Taiki SMBC Nikko "2" "1" <4887> Sawai GHD Nomura "Neutral" "Buy" <5706> Mitsui Gold Daiwa "3" "2" <9508> Kyushu Electric Nomura "Neutral" "Buy" Downgrades - Bearish Code Stock Name Securities Company Previous After --------

Fisco Japan22:27 ET

The meeting between the U.S. and Ukrainian leaders ended in failure, with intense exchanges.

The meeting on the 28th between U.S. President Trump and Ukrainian President Zelensky turned into a heated argument, resulting in the postponement of the signing of the agreement document regarding the interests in Mineral Resource. This unusual situation deepened the conflict at the summit, and it is expected to have an impact on negotiations for a ceasefire in Ukraine. There seems to be an increasing sense of caution regarding geopolitical risks. <7011>Mitsubishi Heavy Industries <7012>Kawasaki Heavy Industries <6503>Mitsubishi Electric Corp. Unsponsored ADR

Fisco Japan16:26 ET

February 28 [Today's Investment Strategy]

[Fisco Selected Stocks] 【Material Stocks】 Shinwa Wise Holdings <2437> 287 yen (2/27) Engaged in auction business mainly focused on art. Announced the first half financial results. The operating profit is 0.21 billion yen. The profit increased from 0.043 billion yen in the first quarter and turned from a loss of 0.068 billion yen in the same period last year to a profit. Revenue increased due to handling of consignment sales and private sales that were delayed compared to the previous period. The operating profit for the fiscal year ending May 2025 is 0.33 billion.

Fisco JapanFeb 27 18:50 ET

MAZDA MOTOR CRP, Sumitomo Corporation, etc. [List of stock information from the newspaper]

*MAZDA MOTOR CRP <7261> ends two auto models in Europe, reviewing structure to comply with stricter regulations (Nikkan Kogyo, front page) - ○ *Mitsui Fudosan <8801> provides comprehensive support for food business, establishing a new base in the city center (Nikkan Kogyo, page 3) - ○ *Sumitomo Corporation <8053> investigates feasibility with a US startup for low-carbon Cement manufacturing (Nikkan Kogyo, page 4) - ○ *ENEOS <5020> considers partial suspension of ethylene production at Kawasaki Refinery due to low operations affecting profitability (Nikkan Kogyo, page 4) - ○ *Aichi Steel <5482> aims for revenue of 400 billion yen in fiscal year 30, raising targets.

Fisco JapanFeb 26 18:33 ET

Iran is rapidly expanding its stockpile of highly enriched Uranium.

According to a confidential report from the International Atomic Energy Agency (IAEA), Iran has been rapidly increasing its stockpile of high-enriched Uranium, which is essential for the production of nuclear weapons. It appears that Iran has increased its possession of high-enriched Uranium with a enrichment level close to weapon grade at 60%, securing enough to produce six nuclear bombs. <7011>Mitsubishi Heavy Industries <7012>Kawasaki Heavy Industries <6503>Mitsubishi Electric Corp. Unsponsored ADR <7270>SUBARU CORP Unsponsored ADR <7224>ShinMaywa.

Fisco JapanFeb 26 16:13 ET

The decline in Japanese tech stocks led to a temporary drop below the 38,000 yen level.

The Nikkei average continued to decline, closing at 38,142.37 yen, down 95.42 yen (with an estimated Volume of 1.8 billion 50 million shares). In the previous day's USA market, tech stocks were sold off, leading to a focus on selling semiconductor-related stocks in the Tokyo market. The Nikkei average dropped to 37,742.76 yen during the mid-morning session, also dipping below the key level of 38,000 yen at times. However, many are eager to wait for the earnings report from USA semiconductor giant NVIDIA, which is scheduled for early tomorrow morning Japan time.

Fisco JapanFeb 26 02:22 ET