The Nikkei 225 fell for a second straight session at the Tokyo market open. 日本ハム lowered its full-year net profit forecast, 商船三井 raised its full-year net profit forecast, and 三菱UFJ is considering eliminating cash cards entirely at its new bank.
In the Tokyo stock market on the 4th, the Nikkei 225 traded below the previous close from the opening amid mixed buying and selling. Market participants are closely watching corporate earnings trends and financial stocks, and the market overall got off to a weak start.
日本ハム was reported to have lowered its net profit forecast for the current fiscal year. The article does not provide details on the size or reasons for the revision, but changes in the company’s operating environment are believed to be affecting its earnings outlook.
商船三井 was reported to have raised its full-year net profit forecast. Changes in shipping market conditions and trends in transportation demand may have contributed, but the article provides no figures and does not specify the background to the revision.
三菱UFJフィナンシャル・グループ was reported to be considering eliminating cash cards entirely at its new bank. Attention is focused on future developments, including its policy on abolishing cash cards and the timing of implementation.