Continued decline, influenced by statements from President Trump regarding tariff policies.
Overview for the week from March 3 to March 7 The Tokyo Stock Exchange Growth Index reached a high of 663.52 and a low of 631.01, closing at 631.01, a decline of 3.48% from the previous week. Continued decline was influenced by President Trump's remarks on tariff policies, resulting in fluctuations. Amidst the developments that caused both joy and concern due to Trump's statements, the drop in major stocks with large Market Cap led to a decline back to the levels seen in late January. Among the top Market Cap stocks are GNI Group <2160> and Attorney Dot Com <602.
Four Seas --- Entered into a business partnership agreement with HOBE ENERGY for grid storage project.
On the 6th, Four Seas HD <3726> announced that the company and its subsidiary Fantastic Four have entered into a business partnership agreement with HOBE ENERGY concerning a grid-scale storage project. HOBE ENERGY utilizes state-of-the-art storage systems, including Lithium Battery and Sodium Battery, starting from renewable Energy solutions such as solar and wind power, to customize comprehensive Energy solutions according to customer needs for grid or industrial energy challenges.
Risk-averse movements due to the decline in U.S. tech stocks and the appreciation of the yen.
The Nikkei average has significantly fallen for the first time in three days, ending down 817.76 yen at 36,887.17 yen (with an estimated Volume of 1.9 billion 90 million shares), marking the first time since September 18 of last year that it has closed below 37,000 yen in about six months. This decline was attributed to a lack of confidence following the previous day's drop in US tech stocks and the strengthening of the yen, leading to an increase in risk aversion. Although there were moves to buy on dips after breaking below the key 37,000 yen mark, the US is awaiting the release of the February employment statistics, and market participants want to assess the results and the subsequent trends in the US market.
SBS Holdings has reached a new high.
The new high price updated stocks on the Main Board include SBS Holdings <2384> and Yomeishu Seizo <2540> with 22 stocks. The new low price updated stocks on the Main Board include Findex <3649> and Adastria <2685> with 17 stocks. "Main Board" "Standard Board" "Growth Board" new highs new lows new highs new lows new highs new lows 03/07 2217167311 03/06 4621964503 03/05 3615128711 03/04 323.
Harksley --- Store Distribution Network, February monthly report for the fiscal year ending March 2025.
Harksley <7561> announced on the 5th the monthly report for February of the fiscal year ending March 2025 from its subsidiary, Store Distribution Network. Store Distribution Network secures prime location properties and leases them to attractive store operators while providing solutions such as personnel and valuable information. Additionally, the company combines knowledge and technologies from retail business insights, finance, A-REIT ETF, and construction to engage in planning, development, management, and operational advice for "store real estate" as a group. This enables the gathering of people through the opening of stores.
TOKAIHD, Sansan, ETC (additional) Rating
Rating Upgrade - Bullish Code Stock Name Brokerage Firm Previous Changed After-------------------------------------------------------------<2395> Shin Nihon Kagaku Nomura "Hold" "Buy" <3487> CRE Logistics Mizuho "Hold" "Buy" <6460> Sega Sammy HDS MBK Nikko "2" "1" <7240> NOK Morgan S "Equal Weight" "Overweight" <7832> Bandai Namco HDS MBK Day.