Defense spending is increasing, and Japan's total budget for 2025 will reach a record 115 trillion yen.
In the new budget proposal, the spending items with the largest increase include: a significant increase of over 10% in defense spending, reaching 8.5 trillion yen; and an approximately 7% increase in allocations to local governments. Due to record high tax revenues, the scale of newly issued government bonds will decrease by nearly one-fifth, down to 28.6 trillion yen.
Rating [Securities company ratings]
Upgraded - Bullish Code Stock Name Brokerage Previous After -------------------------------------------- <1911> Sumitomo Forestry Daiwa "2" "1" <7267> Honda Okasan "Hold" "Bullish" <3038> Kobe Bussan Iwai Cosmo "B+" "A" <9107> Kawasaki Kisen Mito "B+" "A" Downgraded - Bearish Code Stock Name Brokerage Previous After --------------------------------------
Honda, Denso, etc. [List of stock materials from the newspaper]
*HONDA <7267> is in discussions to merge with NISSAN MOTOR CO, with a final agreement aimed for June next year (Nikkei Industrial Daily, page 1) - ○ *Alps Alpine <6770> has increased the sensitivity of its 'Magnetic Sensor' by 10 times, investing 15 billion yen for mass production (Nikkei Industrial Daily, page 1) - ○ *Obayashi Corporation <1802> has appointed Toshimi Sato as President, aiming to expand business areas Overseas ETC (Nikkei Industrial Daily, page 3) - ○ *Toyota Industries <6201> has resumed domestic shipments of forklifts, starting with diesel models (Nikkei Industrial Daily, page 3) - ○ *JR Kyushu <9142> is withdrawing from the Japan-Korea high-speed ferry service, ceasing operations.
The Nikkei Average rebounded for the first time in seven days, as buying prevailed due to the avoidance of a U.S. government agency shutdown.
Last weekend, the USA market's Dow Inc average closed up by 498.02 points at 42840.26 points, and the Nasdaq closed up by 199.83 points at 19572.60 points. While some tech stocks saw early selling, leading to a decline at the open, the November Personal Consumption Expenditures (PCE) price index suggested progress in inflation control, supporting an increase. The Dow Inc average briefly surged over 800 points higher compared to the previous day, but faced expiration of stock index Futures and Single Options for individual stocks.
The Nikkei average has fallen for five consecutive days, influenced by the decline in U.S. stocks, but the decrease in value has narrowed due to the "rate hike being put off."
On the 18th, the US Stocks market continued to decline. The Dow Jones Industrial Average fell by 1,123.03 dollars to 42,326.87 dollars, while the Nasdaq dropped by 716.37 points to 19,392.69 points. Ahead of the announcement of the Federal Open Market Committee (FOMC) results, a wait-and-see attitude strengthened, resulting in mixed trading after the opening. While the Dow average, which had been declining until the previous day, saw some buying in major stocks and rose, the Nasdaq started off slightly lower. The FOMC is expected to raise the main policy interest rate by 0.25% as anticipated.
List of breakout stocks (Part 1) [Ichimoku Kinko Hyo - List of breakout stocks]
○ List of stocks surpassing clouds in the market Code Stock Name Closing Price Leading Span A Leading Span B Tokyo Main Board <1720> Tokyu Construction 714 693.25 713 <1780> Yamauura 1195 1193.75 1169.5 <1926> Light Industry 2224 2218.25 2204 <2982> AD Works Group 2132 202.75 206.5 <3099> Mitsukoshi Isetan 2341 23