Hoshino RR, Japan Pharmacists ETC (additional) Rating

Downgrade - Bearish Code Stock Name Securities Company Previous Changed ------------------------------------------------------- <3697> SHIFT JPM "Over W" "Neutral" <8306> Mitsubishi UFJ JPM "Over W" "Neutral" <8316> Sumitomo Mitsui JPM "Over W" "Neutral" Target Price Change Code Stock Name Securities Company Previous Changed --------------

Fisco Japan21:22 ET

Kuroda Group --- initial price is 885 yen (public offering price 700 yen)

The initial price of the Kuroda Group <287A> was 885 yen, which is 26.4% higher than the public offering price. The Volume at the time of initial price formation was 4.87 million shares.

Fisco Japan19:52 ET

December 17th [Today's Investment Strategy]

[Fisco Selected Stocks] [Material Stocks] Zojirushi Mahobin <7965> 1568 yen (12/16) engages in cooking appliances, home appliances, and living products. The financial estimates for the fiscal year ending November 2024 have been revised upward. The operating profit is expected to be 5.955 billion yen (an increase of 19.1% compared to the previous period). This is about a 14% increase from the previous estimates. The pressure IH rice cookers and humidifiers, centered around the top model 'Enbu Daki', are performing well. The efforts to pass on the increased costs to prices have also contributed to this success. [Emerging]

Fisco Japan19:16 ET

Meiji Holdings, Sara Corporation, etc.

＜2269＞Meiji Holdings Co., Ltd. Bank of Mitsubishi UFJ shareholding ratio 0.57% → 0.00% Reporting obligation start date 2024/12/09 ＜2734＞SALA Corporation Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. shareholding ratio 1.04% → 0.12% Reporting obligation start date 2024/12/09 ＜3192＞Hakuhou Co., Ltd. Dental Medical shareholding ratio 33.13%

Fisco Japan18:50 ET

Mitsui Chemicals, Hitachi, ETC [List of stock materials from the newspaper]

*ENEOS <5020> Group's JX Petroleum Extraction is increasing iodine production in anticipation of demand for perovskite (Nikkankogyo, front page) - ○ *Mitsui Chemicals <4183> is nurturing the medical field, aiming for core operating profit of over 10 billion yen by fiscal year 2030 (Nikkankogyo, front page) - ○ *Hitachi <6501> appoints Tokunaga as president, expanding digital and social infrastructure (Nikkankogyo, front page) - ○ *Hitachi <6501> new management structure focuses on solving social issues, introducing AI, and competing globally (Nikkankogyo, page 3) - ○ *Sumitomo Corporation <8053> industrial group in India.

Fisco Japan18:36 ET

Focus on Zojirushi and Park24, while Proled and Tokyo Base may be sluggish.

In the US stock market on the 16th, the Dow Jones Industrial Average fell by 110.58 points to 43,717.48, the Nasdaq composite index rose by 247.17 points to 20,173.89, and the Chicago Nikkei 225 Futures increased by 165 yen to 39,625 yen compared to the daytime in Osaka. The exchange rate was 1 dollar = 154.10-20 yen. In today's Tokyo market, Park 24 Co., Ltd. <4666> exceeded the previous Financial Estimates with a projected operating profit increase of 21.0% for the fiscal year ending October 2024 compared to the previous estimate of 9.4%. Zojirushi Corporation <79> revised its performance forecast upwards for the fiscal year ending November 2024.

Fisco Japan18:15 ET