Mid-morning market highlights. Key developments involving stocks including IPS, ネクステージ and ソディック, including earnings announcements, public offerings and secondary offerings, and information leaks.
ジャパニアス reported third-quarter revenue of ¥9.977 billion, up year on year, while ordinary profit was ¥601 million and quarterly net profit was ¥395 million, meaning that revenue increased but profit declined. Investment in DX initiatives, cloud services and generative AI remained firm, but higher personnel expenses weighed on profit. The full-year forecast was left unchanged. キューブ reported preliminary monthly results for September, with company-wide revenue down 9.4% year on year and same-store revenue down 11.5%. Lower golf demand due to weather conditions had an impact, and a recovery is expected in October. レナサイエンス reported that enrollment in its Phase III clinical trials of nivolumab and RS5614 had reached the target of 124 cases. It plans to proceed with data analysis following an observation period of up to 3 years. IPS announced a public offering of 1.26 million shares and an over-allotment secondary offering of 189,500 shares, which is expected to increase the number of shares outstanding by up to 11%. The offering price will be decided during October, and the proceeds are scheduled to be used for capital investment related to international submarine cables.
ネクステージ released its third-quarter results, reporting cumulative operating profit of ¥21.6 billion, up 66.7% year on year. The full-year forecast was left unchanged at ¥27.6 billion, up 40.8% from the previous fiscal year, although quarterly profit growth slowed. Profit for the June–August quarter was ¥7.5 billion, potentially below market expectations, prompting early selling. ソディック announced a secondary offering of 5,709,200 shares together with an over-allotment offering, equivalent to approximately 4.8% of shares outstanding. It also announced a share buyback with a maximum of ¥3 billion, but concern over worsening supply and demand conditions is spreading. 物語コーポ announced that approximately 10.78 million items of personal information had been leaked through unauthorised access to the official Yakiniku King app. No payment information was registered, but the leakage of membership numbers and other information is a concern. 壱番屋 announced a statutory merger by absorption involving the ハウス食品グループ, but views are strengthening that it will take time to assess the restructuring premium.