Obayashi Corporation set a new high price [stocks with new high and new low prices]
Top performers in the TSE Prime include Obayashi Corporation <1802> and Daiwa House Industry <1925> with 55 stocks. The new lowest performers in the TSE Prime are Meiji Holdings <2269> and Askul <2678> with 10 stocks. New highs in "TSE Prime", "TSE Standard", "TSE Growth". New highs. New lows. New highs. New lows. New highs. New lows as follows: 11/255510271017511/222712181014911/21342223138811/202928
Toyo Suisan --- Continued rise, rated upgrade by European securities evaluating the progress of transformation etc.
Continued increase. UBS Securities has upgraded its investment rating from 'neutral' to 'buy' and raised its target stock price from 10,300 yen to 11,700 yen. It seems to be enhancing its evaluation due to the possibility of the company's transformation not only yielding returns, but also delving into business transformation, and assuming that North America will continue to grow healthily without excessive competition. It has revised upwards the performance forecast from the fiscal year ending March 2026, and also seems to have raised the valuation. They also consider the new medium-term plan for March 2025 as a catalyst.
Meiji HD --- Selling first, announced the implementation of a stock offering by major financial institutions.
Selling leads. The announcement last weekend included a sale of 12.73 million shares and an additional sale of up to 1.91 million shares due to over-allotment. The sellers are financial institutions, including major shareholders such as Resona Bank, and the sale price will be determined between December 3 and December 6. This is part of a policy to reduce shareholding in order to enable active restructuring of the shareholder composition by providing smooth selling opportunities. Caution is being exercised regarding the short-term supply and demand impact.
Nissho, Nichias etc (additional) Rating
Upgraded - bullish Code Stock Name Brokerage Firm Previous Change After -------------------------------------------------------------- <4967> Kobayashi Pharmaceutical Mizuho "hold" "buy" <6481> THK City "2" "1" <7186> Concordia JPM "Neutral" "OverW" <7202> Isuzu Mizuho "hold" "buy" Downgraded - bearish Code Stock Name Brokerage Firm Previous Change After -----
November 25th [Today's Investment Strategy]
[FISCO Selected Stocks] [Material Stock] San-Ai Kaken <4234> 504 yen (11/22) Engaged in packaging materials such as lightweight packaging materials, release paper, adhesive tape base materials. It was announced that they will implement a share buyback of up to 1 million shares, equivalent to 9.5% of the issued shares, and an amount of up to 0.6 billion yen. The acquisition period is from November 25, 24 to October 31, 25. On November 25th, they will entrust the buying in the Tokyo Stock Exchange's off-auction own share buyback trading (ToSTNeT-3) in 24.
B-R Thirty-One Ice Cream, Shirahato, etc.
<2268> B-R 31 Ice Cream Co., Ltd. Fujika Co., Ltd. shareholding ratio 40.48% → 39.23% Reporting obligation commencement date 11/15/2024<3192> Hakuba Co., Ltd. Odakyu Electric Railway Co., Ltd. shareholding ratio 6.95% → 6.95% Reporting obligation commencement date 11/15/2024<5357> Yotai Sumitomo Osaka Cement Co., Ltd. shareholding ratio 18.32% → 16.49%