Machinery
- 1603.076
- +5.779+0.36%
Earnings Call Summary | MITSUBISHI HEAVY INDUSTRIES(MHVYF.US) Q1 2024 Earnings Conference
Steady development from the movement of high-tech stocks and earnings evaluations.
The Nikkei Average rebounded, and closed at 35,025.00 yen (approximately 2.504 billion shares traded), up 193.85 yen from the previous day's trading, with buying centered on high-tech stocks against the backdrop of a rise in US stocks and a weak yen. Shortly after the opening of trading, it rose to 35,671.31 yen. In addition, there was a continued shift of funds to stocks with good earnings results. However, with the possibility of position adjustments, such as selling before the three-day weekend, there was a standoff around 35,000 yen after the buying spree, and it fell to 34,445.57 yen in the middle of the afternoon.
Active and newly established stocks in the afternoon session.
*DIC<4631> 2853 +131.5 revised upward financial estimates for the fiscal year ending in December. *Kimura Machinery<6231> 4605 +700 operating profit increased by 30.7% in Q1. *ZENETEC<4492> 644 +100 Q1 operating profit turned from a loss of 0.017 billion yen in the same period last year to a profit of 0.157 billion yen. *Janome<6445> 710 +100 Q1 operating profit turned from a loss of 0.18 billion yen in the same period last year to a profit of 0.481 billion yen. Also announced dividend increase.
Active and newly listed stocks during the morning session.
*Trend Micro <4704> 7742 shares - reports that the company is exploring business divestitures. *Mecc <4971> 3895 shares - annual performance estimates are significantly upwardly revised beyond expectations. *Fujikura <5803> 3038 shares - significantly upwardly revised revenue forecasts. *H-One <5989> 926 shares - good progress with operating profit turning to black in the first quarter. *Suzuki <6785> 1540 shares +297, optimistic about double-digit profit growth this fiscal year and change in dividend policy. *Happinet <7552>.
Mitsui O.S.K. Lines, among others, continues to rank high and has announced a significant upward revision in performance and dividend estimates.
Mitsui O.S.K. Lines Ltd. <6269> ranked (as of 1:33 pm). Significant rise. The interim results for the first half were announced the previous day, with operating profit at $86.71 million, which is 3.8 times higher than the same period of the previous year. The full-year financial estimates have been upwardly revised from the previous $0.2 billion to $0.29 billion, an increase of 50.3% compared to the previous year. The construction work for FPSO is progressing smoothly. The annual dividend has also been raised from the previous plan of 40 yen to 60 yen. Top changes in volume percentage [As of August 9, 1:33pm] (Latest 5 days).
Sumitomo forestry, Nexon, etc. (additional) rating.
Downgrade – Bearish Code|Stock Name|Securities Company|Previous|Current|------|---------------|-------------|---------|---------|＜3279＞|API| Mizuho|Buy|Hold|Target Stock Price Change Code|Stock Name|Securities Company|Previous|Current|------|---------------|--
Stocks that hit the daily limit up or down in the morning session.
Stop high <1730>, Asou Foamcrete <190A>, Chordia Therapeutics <206A>, PRISM BioLab <2376>, Cygnex <4286>, CL Holdings <4444>, Infonet <4914>, Takasago Fragrance Industry <4966>, Kamimura Industry <5254>, Aren't <6173>, Aquiline <6269>, Mitsui Ocean Development <6383>, Dai Fukushoji <6517>, Denyo <6777>, Santec Hol
Fujishoji - The 1Q saw a decrease in revenue, but the sales volume and revenue of pachinko gaming machines increased.
On the 8th, Futu Shoji <6257> announced its consolidated financial results for the first quarter of the fiscal year ending March 2025 (April-June 23). Revenue was 8.476 billion yen, down 37.3% from the same period last year; operating profit was 0.615 billion yen, down 84.2% from the same period last year; ordinary profit was 0.71 billion yen, down 82.1% from the same period last year; and net profit for the quarter attributable to shareholders of the parent company was 0.436 billion yen, down 83.7% from the same period last year. The number of pachinko gaming machines sold was 23,000 (an increase of 29.1% from the same period last year), and revenue was 8.475 billion yen (an increase of 33.3% from the same period last year).
Investment strategy for today, August 9th.
[Fisco's Selected Stocks] [Materials Stocks] KOKUSAI ELECTRIC <6525> 3285 yen (8/8) was established as a spin-off of Hitachi Kokusai Electric's semiconductor manufacturing equipment division, specializing in film deposition equipment. The first quarter results were announced. The operating profit was 17.8 billion yen (4.4 times higher than the same period last year). Against the background of the popularization of AI generation, the demand for advanced node DRAM and Logic has recovered. Operating profit for the fiscal year ending March 2025 is expected to be 44.8 billion yen (a 45.7% increase from the previous year). This is in response to the full-year forecast.
Including Kewpie, BEENOS, etc.
<2681> Geo Holdings Co., Ltd. Endo Yukikura's shareholding ratio is 37.37% -> 40.01%, with a reporting obligation on August 2, 2024. <2683> Yuuki Uehara Co., Ltd. Kazue's shareholding ratio is 39.09% -> 38.04%, with a reporting obligation on August 6, 2024. <2809> Kewpie Corporation Nakajima Shoten Co., Ltd.'s shareholding ratio is 15.84% -> 15.84%, with a reporting obligation on 2024/0.
List of stock materials from newspapers, such as Toyota, UACJ, etc.
*Toyota's research and development expenses <7203> have increased for 15 consecutive years, with Toyota ranked first at 1.3 trillion yen according to headquarters research (Nikkan Kogyo 1st page) - ○ *UACJ<5741>: Personnel reform in Thai subsidiary, promotion of local personnel to executive positions (Nikkan Kogyo 3rd page) - ○ *Yamaha Motor<7272>: Honda supplies electric type-1 mopeds for OEM, expanding product range for widespread use (Nikkan Kogyo 3rd page) - ○ *Toyota Tsusho<8015>: COO of African headquarters, Tatsuya Hirata, develops renewable energy in Africa (Nikkan Kogyo 4th page) - ○ *Shimadzu Corporation
Pay attention to companies like Toshiba Electronic Devices & Storage Corporation and Fujikura Ltd, while Nikon Corp Spons and Amada Co Ltd are sluggish.
On the US stock market on the 8th, the Dow Jones Industrial Average was up 683.04 points to 39,446.49, the Nasdaq Composite Index was up 464.21 points to 16,660.02, and the Chicago Nikkei 225 futures were up 795 yen to 35,575 yen compared to the Osaka day session. The exchange rate is 1 dollar = 147.20-30 yen. In today's Tokyo market, Pacific Cement <5233>, which saw a 5.9-fold increase in operating profit in the first quarter compared to the same period last year, KOKUSAI <6525>, which similarly saw a 4.4-fold increase, and Kaneka <0003463.T> , which saw an 83.4% increase.
List of Conversion Stocks (Part 1) [List of Parabolic Signal Conversion Stocks]
List of stocks to buy: Market Code Stock name Last price SAR Tokyo Prime <1605> INPEX 2020 1700<1662> Petroleum resources 5570 4925<1786> Oriental Shirakawa 310 288<1813> Fudo Tetra 2078 1852<1835> Tokyo Tekko
List of Cloud Breakout Stocks [Ichimoku Balance Table, List of Cloud Breakout Stocks]
- Cloud-based stock ranking market Code Name End Price Leading Span A Leading Span B TOKYO PRIME 2157 Koshidaka Holdings 879 853.25 875 2175 SMS Co., Ltd. 2076 1983.5 2067.5 2264 Morinaga Milk Industry Co., Ltd. 3407 3321 3248.5 2379 Dip Details Stay tuned for future updates!
List of stock split and new share issuance [List of stock split and new share issuance]
Ex-Dividend Date Stock Name Dividend Base Date Effective Date Ratio Code--------------------------------------------------24/08/29 Okayama Steel Machine 24/08/30 24/09/01 2 ＜7485＞24/08/30 Lowes Corporation 24/08/31 24/09/01 10 ＜6323＞24/
INPEX and others announced share buybacks on August 8th.
The following stocks announced their share purchase framework on August 8th (Thursday): <1605> INPEX - 64 million shares (5.2%), 80 billion yen (August 24th to December 31st) <3569> Selen - 2 million shares (3.6%), 6 billion yen (August 9th, 2024 to March 31st, 2025) <8876> Riro Group - 4 million shares (2.6%), 5.5 billion yen (August 9th to October 31st, 2024) <6235> Optorun - 340
Bridgestone Corporation unsponsored ADR, Japan Post Holdings Co., Ltd., Kampo Life Insurance Co., Ltd., Yucho Bank (9th) (5101-7183)
* Please note that the above calendar is subject to change due to company circumstances. --------------------------------------- August 9th (Friday) <5101> Hamagomu <5105> Toyo Tire <5108> Bridgestone Corporation unsponsored ADR <5121> Fuji Component <5139> Openwork <5184> Nichirin <5194> Sagami Rubber <5195> Bando
McDonald's, Isetan Mitsukoshi, Rakuten G, ENEOS HD (9th) (1379-5076)
*The calendar above is tentative and subject to change due to company circumstances. ---------------------------------------August 9 (Friday) <1379> Hokuto <1381> Access <1384> Hokuriyo <1414> Showbond <1417> Miraito One <1429> Japan Aqua <142A> Gingerbread <1431> Livework <14
Agriculture is also a focus in the US presidential election [Today's theme for consideration]
With Vice President Harris, who has been nominated as the Democratic presidential candidate, selecting Governor Waltz of Minnesota, a major agricultural state, as her running mate, it has been reported that the previously little-discussed issue of agriculture may become one of the focal points of the election. <6310> Inukai Farm, <6326> Kubota, <6501> Hitachi, <6634> NEXG, <6701> NEC, <6702> Fujitsu.
Recruit Holdings' operating profit in the first quarter increased by 5.1% to 127.8 billion yen.
Recruit HD <6098> announced its Q1 2025 financial results for March, with sales revenue up 6% YoY to ¥901.558 billion and operating profit up 5.1% YoY to ¥127.818 billion, exceeding the consensus (approximately ¥118.2 billion). The main HR technology and staffing businesses, such as Indeed, grew, as did financial revenue. [Positive evaluation] <8604> Nomura | <6524> Hubei Industrial Medium <4452>