Nintendo confirms the next generation console will be compatible with Switch games. Stock price rises nearly 6%.

①Japan game giant Nintendo confirmed on Wednesday that its next-generation game console will be compatible with games on the current Switch platform; ②Boosted by this news, Nintendo's stock price rose nearly 6% intraday.

cls.cn04:28 ET

Active and newly established stocks in the afternoon session.

*Yusen Logistics <9101> revised downwards the financial estimates for the fiscal year ending March 2025 by 19,625 million yen. *Shin-Nikkei <2395> reported an operating profit of 0.08 billion yen in the previous period, a reversal from the previous estimate of a deficit of 0.202 billion yen to a profit. *Bandai Namco Holdings <7832> achieved an operating profit in the previous period of 113.6 billion yen, a 73.6% increase surpassing the revised upward level of 112 billion yen on October 23. *Kokuyo <7984> sees Oasis Management emerging as a major shareholder.

Fisco Japan02:10 ET

Tokyu Fudosan Holdings, OLC, etc. (additional) Rating

Downgrade - bearish code stock name securities company traditional change after --------------------------------------------------<2175> SMSGS "buy" "hold" target stock price change code stock name securities company traditional change after --------------------------------------------------<1878> Daito Construction SMBC Nikko 17,200 yen 18,400 yen <2002> Nisshin

Fisco Japan21:46 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

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

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