Reports regarding Trump tariffs are a burden.

The Nikkei average experienced a significant decline, finishing at 39,605.09 yen, down 375.97 yen (Estimated Volume of 1.8 billion 40 million shares). Selling became prominent due to some reports regarding tariffs in the USA and the tightening of export regulations on Semiconductors to China. With the US market being closed on the 9th, selling by European players was also observed, along with position adjustments ahead of the SQ calculation date for January futures, leading to a drop to 39,385.05 yen during the mid-afternoon session. In the latter part of the session, there was some buying on dips.

Fisco JapanJan 9 02:45 ET

Concerns over tariff risks from the incoming Trump administration have led to a stance of waiting for buying opportunities.

[Stocks Opening Comment] The Japanese stock market on the 9th is expected to exhibit a strong sense of market consolidation, but resilience seems to be on the minds of investors. In the US market on the 8th, the Dow Jones Industrial Average rose by 106 points, while the Nasdaq declined by 10 points. Additionally, the 9th is a day of mourning for former President Carter, resulting in the market being closed. There is also a prevailing wait for the US employment statistics announcement scheduled for this weekend, leading to a dominant trend of position adjustments. Moreover, President-elect Trump aims to introduce a new tariff program and is in the process of declaring a national emergency.

Fisco JapanJan 8 18:37 ET

The resilience of Semiconductors-related stocks provides support.

The Nikkei average fell, closing at 39,981.06 yen, down 102.24 yen (with an estimated Volume of 1.8 billion and 50 million shares) in Trade. Influenced by the drop in tech stocks in the previous day's USA market, selling started initially, and shortly after the beginning of Trade, it dropped to 39,705.81 yen. However, after the selling subsided, Semiconductors stocks rebounded, and the exchange rate temporarily shifted to a weaker yen at around 158 yen per dollar, leading to a subsequent slow-down in the decline. Additionally, USA stock Futures remained stable.

Fisco JapanJan 8 02:21 ET

Advante, Ryohin Keikaku ETC (additional) Rating

Upgraded - Bullish Code Stock Name Securities Company Previous Change After ------------------------------------------------------------ <6506> Yaskawa Electric Morgan S "Underweight" "Equal Weight" <7167> Mebuki FG JPM "Neutral" "Overweight" Downgraded - Bearish Code Stock Name Securities Company Previous Change After ----------------------------------------

Fisco JapanJan 7 22:40 ET

Assessing the resilience of high-tech stocks after the sell-off.

[Stocks Opening Comment] On the 8th, the Japanese stock market is likely to be influenced by profit-taking actions following the significant rise the previous day. On the 7th, the USA market saw the Dow Jones Industrial Average drop by 178 points, and the Nasdaq fell by 375 points. The JOLTS job openings number for November 2024 and the ISM non-manufacturing index for December exceeded expectations, leading to increased inflation concerns and speculation about a slowdown in the Federal Reserve's rate cut pace, which weighed on the market, causing an increase in long-term interest rates in the USA. Chicago Nikkei

Fisco JapanJan 7 18:29 ET

Drone warfare, the next front line is the deep sea.

[Defense] Drones have brought significant transformations to warfare in modern airspace. It has been reported that defense companies and navies anticipate similar capabilities underwater. New types of underwater drones, named 'Ghost Shark', 'Hahn', and 'Manta Ray', are said to be able to dive thousands of meters below the surface and operate continuously for several days with little to no human intervention required. <7011> Mitsubishi Heavy Industries <7012> Kawasaki Heavy Industries <6

Fisco JapanJan 7 16:16 ET