The Morning Session Comments indicate that 6 stocks, including Sumitomo Corporation, Nippon Yusen, Tokai Carbon, NOK, Monogatari Corporation and NHK Spring, have received price-target increases from securities firms. Multiple stocks were also reported to have received upward revisions to their earnings outlooks or changes in their assessments.
From 9:00 onward, an assessment was presented that Sumitomo Corporation's price target had been raised from ¥2,000 to ¥2,200. The company's first-quarter profit increased significantly year on year and was said to have supported overall profit growth, while the outlook for resources, digital operations, AI and communications services was reported to have improved.
On the same day, Nippon Yusen's price target was raised from ¥7,100 to ¥8,800. Nomura Securities raised its ordinary profit forecast based on the April–June results and shipping market conditions. The company was favorably assessed for spot freight rates in its energy business, its shareholder return policy and preparations for its medium-term plan from the fiscal year ending March 2028 onward.
SMBC Nikko also raised Tokai Carbon's price target from ¥2,100 to ¥2,400, focusing on the potential for an earnings recovery in graphite electrodes. Its forecast EPS for the fiscal year ending December 2027 was raised to ¥119.1, with contributions by business segment and expected improvements in market conditions cited.