Draft --- Established a subsidiary, "Yamashita Taiki Architectural Design Research Institute Co., Ltd."
Draft <5070> announced on the 27th the establishment of its subsidiary, "Yamashita Taiki Architectural Design Research Institute Co., Ltd.," aimed at enhancing its expertise in the field of architectural design. The establishment date is planned for April 2025, with the headquarters located in Aoyama, Minato-ku, Tokyo. The capital is 0.105 billion yen, and the Shareholding ratio is 100% held by the company. Draft will disclose on February 13, 2024, its "Mid-term Management Plan FY24-26 (Business Plan and Growth Potential Explanation Material)".
LeTech---soaring, Sumitomo Forestry has a TOB.
The stock price surged, reaching a new high for the year. After the market closed on the 28th, Sumitomo Forestry announced a public tender offer (TOB) for the company's Stocks, which has been well-received. The buyer aims to acquire all of the company's Stocks listed on the Tokyo Stock Exchange's Growth Market, subscription rights, and Stocks owned by the major shareholder, LT, to fully consolidate the company as a subsidiary. The tender offer will be conducted in two stages, with the first stage taking place between the buyer and the major shareholder, and the second stage's acquisition price set at 1,500 yen per share based on the closing price on the 28th.
Softening, significant decline in U.S. Stocks is a burden.
[Emerging Markets Individual Stock Global Strategy] Today's emerging markets are expected to have a weak performance. Last weekend on the 28th, the U.S. Stocks market saw the Dow Inc average drop by $715.80 (-1.69%) to $41,583.90, marking a significant three-day decline. In addition to concerns about Trump's tariffs, the PCE core price index rose more than expected, leading to increased inflation fears that weighed on stock prices. Furthermore, the University of Michigan consumer confidence index fell to its lowest level in two years, intensifying concerns about stagflation and prompting selling pressure.
List of stocks breaking through clouds (weekly chart) (part 2)
○ List of stocks that have fallen below the cloud market Code Stock Name Closing Price Leading Span A Leading Span B Tokyo Main Board <1663> K&O Energy 3130 3277.5 3163 <1963> JGC HD 1220 1225 1539.5 <1979> Taiki Co. 2315 2361.25 358.5 <2108> Sugar Beet 2352 2504.75 2411 <2267> Yakult 2895 3050.5 3289.
List of conversion stocks (part 3) [Parabolic Cigna Corp conversion stocks list]
○ List of stocks converted to Sell Market Code Stock Name Closing Price SAR Main Board <3837> Adsol 1056 1119 <3864> Mitsubishi Paper 685707 <3877> Chuetsu Pulp 14571520 <3880> Daio Paper 831881 <3925> D Standard 15251598 <3937> Ubicom 13421418 <3941> Rengo 817841 <3946> Tomoku
Beeplatts, QPS Research Institute and others.
LeTech has revised its Financial Estimates for Dividends, cancelling the year-end dividend. Sumitomo Forestry is set to carry out a public buyout at a price of 686 yen per share, and is expected to be (Delisted) after the buyout. GNEXT has revised its performance estimates, projecting an operating loss of 0.169 billion yen this period, down from a previous estimate of -1.40 to -0.1 billion yen. A mid-term management plan covering the fiscal years from March 2026 to March 2028 has been formulated, with an operating profit target of 0.80 to 0.09 billion yen for the fiscal year ending in March 2028. BePlatts is involved in financial services and the planning of corporate strategies.