PolAOL HD, DaiKin ETC (additional) Rating

Upgraded - Bullish Code Stock Name Securities Company Previous Change After---------------------------------------------------<6135> Makino F SMBC Nikko "2" "1" <8750> Dai-ichi Life Holdings Mizuho "Hold" "Buy" <8795> T&D Holdings Mizuho "Hold" "Buy" Downgraded - Bearish Code Stock Name Securities Company Previous Change After-----------------------------------------

Fisco JapanDec 10 21:20 ET

Astroscale and over 20 companies including Toyota are promoting space-related technologies in the UAE.

Significant continued rise. More than 20 companies, including Toyota <7203> and Mitsubishi Heavy Industries <7011>, are reported to be promoting space-related technology in the United Arab Emirates (UAE), and it is said that the company will also participate. The Ministry of Economy, Trade and Industry and the Cabinet Office are likely to hold a meeting in Abu Dhabi on the 12th, gathering stakeholders from both countries' industry, academia, and government. Stock prices have been maintaining a weak trend recently, making it easier for buyers to come in due to perceived value.

Fisco JapanDec 9 22:59 ET

VEA ETF Declines 0.2%

Dow JonesDec 9 16:36 ET

Japan will restart trade negotiations with Trump. Automobile tariffs will be the most critical game in this round!

① The U.S. president-elect Trump's trade war has caused significant headaches for global leaders, among which, Japan hopes to restart trade negotiations and has stated that there is a consensus to include the elimination of tariffs on autos and auto parts in the negotiations; ② The USA is Japan's largest export market, with autos accounting for one-third of Japan's export volume. In the fiercely competitive auto transformation process, U.S. tariffs could very well become the "last straw" that overwhelms the Japanese auto industry.

cls.cnDec 5 22:56 ET

Chiyoda Corporation, Nichiban, etc. (additional) Rating

Downgrade - Bearish Code Stock Name Securities Company Before/After Changes ----------------------------------------------- <4911> shiseido company,limited sponsored adr Mizuho "buy" "hold" <5802> Sumitomo Electric Mizuho "buy" "hold" <9684> Square Enix HDSMBC Nikko "1" "2" Target Stock Price Changes Code Stock Name Securities Company Before/After Changes -----------------------------------------------

Fisco JapanDec 5 21:23 ET

VEA ETF Climbs 0.5%

Dow JonesDec 5 16:36 ET