Asahi Kogyo Co., Ltd. is updating its high for the year [stocks with new highs and lows].
The stocks that updated new highs on the main board are Obayashi Corporation <1802> and Asahi Kogyo <1975> among 27 stocks. The stocks that updated new lows on the main board are Askul <2678> and Create SD Holdings <3148> among 12 stocks. "Main Board" "Standard" "Growth" New highs New lows New highs New lows New highs New lows 11/22 271218101491 11/21 342223138811 11/20 292823141061 11/19.
Maruha Nichiro, Chugai Pharmaceutical, etc. (additional) Rating
Upgrades - bullish Code Stock Name Securities Company Previous Change After ------------------------------------------------------- <1802>Obayashi Corporation SMBC Nikko "2" "1" <1808>Haseko Corporation SMBC Nikko "2" "1" Downgrades - bearish Code Stock Name Securities Company Previous Change After ------------------------------------------------------- <3382>
Rating [security companies rating]
Upgrade - Bullish Code Stock Name Securities Company Previously After Change ----------------------------------<1802> Obayashi Corporation SMBC Nikko Securities "2" "1" <1808> Taisei Corporation SMBC Nikko Securities "2" "1" Downgrade - Bearish Code Stock Name Securities Company Previously After Change ----------------------------------<9605> Toei Company
Obayashi Corporation - Firm, expected to be upgraded in domestic securities.
Steady. At SMBC Nikko Securities, the investment rating has been upgraded from '2' to '1', and the target stock price seems to have been raised from 2100 yen to 2400 yen. It appears that they are expecting a medium-term recovery in the construction profit margin, aiming to reduce the policy shareholding and achieve an optimal capital structure in order to strengthen shareholder returns. Additionally, the company's provision for construction losses balance has halved from its peak. It is assumed that after the fiscal year ending March 2027, the impact of unprofitable projects will be substantially eliminated, and the construction profit margin is expected to reach double digits for the first time since the fiscal year ending March 2021.
Mingxing Industries ranked in, announcing a share buyback, tender offer, and cancellation of up to 2.86% of the issued shares.
Meisei Kogyo <1976> ranked in (as of 9:32 am). Sharply higher. After the previous day's trading ended, they announced a share buyback of up to 1.4 million shares, equivalent to 2.86% of the issued shares, and an amount of up to 1.82 billion yen. They announced that they will entrust the buyback in the Tokyo Stock Exchange's off-auction own-share purchase trading system (ToSTNeT-3) on November 22. The repurchased shares will all be cancelled on November 29. Top changes in trading volume rate [as of 09:32 on November 22] (past 5 days).
November 22 [Today's Investment Strategy]
[FISCO Selected Stocks] 【Material Stocks】 Myojo Industry <1976> 1300 yen (11/21) The main business involves thermal insulation work for power plants, chemicals plants, LNG related facilities, etc. Announced a share buyback of up to 1.4 million shares, representing 2.86% of the outstanding shares, with a total amount of 1.82 billion yen. A purchase order will be placed on November 22 through the Tokyo Stock Exchange's off-market share repurchase trading (ToSTNeT-3). All repurchased shares will be retired on November 29. 【Emerging Market Stocks】 F