Active and newly listed stocks during the morning session.

* Tokyo Steel <5423> announced a self-share buyback plan in addition to revising its performance guidance upward by 300 points. * Fourth Hokuriku FG <7327> announced an increase in dividends in addition to revising its first-half performance guidance upward by 690 points. * SG Holdings <9143> presents a solid financial report on the 1st quarter that exceeds market expectations, which is reassuring to investors. * Monex Group <8698> is positively impacted by announcing a share buyback plan. * Shichijo Shinkin Bank <8341> rose 330 points to 4,570 points.

Fisco Japan01:35 ET

SMS, Mabuchi, etc. (additional) Rating

Upgrade Rating - Bullish Code | Stock Name | Securities Company | Conventional | After Change | -- | --------- | ---------- | -------------- | -------------- | <5801> | Furukawa Electric | SMBC Nikko | "2" | "1" | <5803> | Fujikura | SMBC Nikko | "2" | "1" | <8630> |

Fisco Japan23:27 ET

Rating [security companies rating]

Upgrade - Bullish Code | Symbol | Securities company | Conventional | After change | ------ | --------- | ----------- | -------------- | -------------- | <8630> | SOMPOHD | Morgan S | "Equals W" | "Over W" | <5803> | Fujikura | SMBC Nikko | "2" | "1" | <5801> | Furukawa Electric |

Fisco Japan19:55 ET

After the buying spree, we will focus on individual responses based on the settlement.

[Stock Opening Comment] On the 29th, the Japanese stock market is expected to have a buying-dominant market development following a high trend in the US stocks. On the 26th of the US market, NY Dow surged 654 dollars and Nasdaq went up 176 points. A better-than-expected performance of 3M's financial estimates as well as PCE price index staying within expectations and confirming a trend in inflation stagnation, have led to a strong buying spree due to expectation of interest rate cuts later this year. The Chicago Nikkei 225 futures clearing price was 38235 yen, an increase of 545 yen compared to Osaka. The exchange rate was 1 yen.

Fisco Japan19:27 ET

Shin-Etsu Chemical's 1Q operating profit increased by 0.1% to 191 billion yen.

The performance report for the first quarter of fiscal year 2025 announced by Shin-Etsu Chemical <4063> showed that revenue decreased by 0.2% compared to the same period last year to 597.93 billion yen, while operating profit increased by 0.1% to 191.023 billion yen. Operating profit and ordinary profit were almost the same as the same period last year. Automobile input devices continued to perform well against the background of the recovery of the automotive industry, and sales also expanded in the silicone roller for office equipment due to increased orders for new products. In FY2025, revenue increased by 3.5% compared to the previous year.

Fisco Japan17:14 ET

List of stocks with cleared clouds (Part 2) [Ichimoku Kinko Hyo: List of Stocks with Cleared Clouds]

List of breakthrough stocks under the clouds in the market, Code Company Name Closing Price Leading Span A Leading Span B, Tokyo Stock Exchange Prime, <1860> Toda Construction 1044 1057.75 1045 <1871> PS 991 999.75 1003.5 <1885> Toa Construction 975 995 1029.5 <1939> Yondenko

Fisco JapanJul 25 19:05 ET