Comprehensive Chemistry - Revised upwards on 25/3 operating profit 6.5 billion yen ← 4.3 billion yen

Announced a revision to the financial estimates for the fiscal year ending March 2025. The revenue has been revised upward from 46 billion yen to 47.5 billion yen, and the operating profit from 4.3 billion yen to 6.5 billion yen. In the second quarter, amidst the concentration of liquid crystal display production in China, sales of adhesives expanded mainly in the Chinese market in anticipation of the replacement demand for televisions during the Olympics and additional inventory stacking. While a recoil decrease is expected in the latter half, the sales are expected to exceed the previous estimate due to the significant increase in the first half. The stock price started with a buy-first approach and then softened.

Fisco Japan22:30 ET

November 6th [Today's investment strategy]

[Fisco Selected Stocks] [Material Stocks] Kawasaki Kisen Kaisha <9107> 2144 yen (11/5) Revised upward the performance forecast for the fiscal year ending March 2025. Operating profit is expected to be 106 billion yen (up 26.0% from the previous year). It was raised by about 3% from the previous forecast. This was due to the upward revision mainly driven by the improvement in the full-year performance forecast of the product logistics segment. The year-end dividend will be 50.0 yen. The previous forecast was 42.5 yen. At the same time, the company plans to repurchase up to 36 million shares (equivalent to 5.34% of the issued shares) of its own shares on the Tokyo Stock Exchange on the 6th.

Fisco Japan18:47 ET

Sojitz, H.U. Group Holdings, etc.

<2768> Sojitz Corporation Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Shareholding ratio 1.35% → 0.16% Obligation to report starting date 2024/10/28 <4544> H.U. Group Holdings Co., Ltd. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Shareholding ratio 1.33% → 0.09% Obligation to report starting date 2024/10/28 <4732> U.S.S. Corporation Mitsubishi UFJ Bank Shareholding

Fisco Japan18:40 ET

Expectations for economic policies are high after the presidential election.

[Stock Market Opening Comments] On the 6th, the Japanese stock market is likely to see market developments while keeping an eye on the results of the US presidential election. On the 5th, the US market saw the NY Dow rise by 427 points and the Nasdaq rise by 259 points. Expectations that uncertainty will be dispelled by the presidential election passing led to a bullish trend. In addition, unexpected improvement in the October ISM non-manufacturing business conditions index in the US has strengthened buying expectations for a soft landing. Chicago Nikkei 225 futures settlement price compared to Osaka was 31 points.

Fisco Japan18:37 ET

DMG Mori Seiki, Toyota Tsusho, etc.

*DMG Mori Seiki <6141> to reorganize production in Niigata and Nagaoka City, accelerating group collaboration (Nikkan Kogyo front page) - ○ * Nissei Resin Industry <6293> to enhance its large dkm injection machine production capacity in the US, accommodating 3000-ton class machines (Nikkan Kogyo page 3) - ○ * Konica Minolta <4902> to sell its US subsidiary specializing in genetic testing, focusing on functional materials, etc. (Nikkan Kogyo page 3) - ○ * Lion <4912> Executive Officer Norihiko Nakabayashi to provide digital skills training to all employees (Nikkan Kogyo page 3) - ○ * Nidec Corporation <6594> Nidec Machines Two

Fisco Japan18:26 ET

Pay attention to Kawasaki Kisen Kaisha and Nippon Suisan, while GREE and Tokyo Enesis are weak.

In the U.S. stock market on the 5th, the NY Dow Jones Industrial Average rose 427.28 points to 42,221.88, the Nasdaq Composite Index rose 259.19 points to 18,439.17, and the Chicago Nikkei 225 futures in Osaka were up 310 yen from the daytime session to 38,970 yen. The exchange rate is 1 dollar = 151.50-60 yen. In today's Tokyo market, FUJIMI <5384> reported a 44.4% increase in operating profit for the first half, while another company saw a 13.1% increase in operating profit and announced a special dividends with a limit of 2.35% on the number of outstanding shares for the share buyback of 1 to 2.

Fisco Japan18:15 ET