According to the FISCO Stock and Corporate Report released on 25 September, Furuya Metal rallied sharply after securing a large order from a major U.S.-based optical products company for iridium and platinum crucibles used in optical isolators. Oracle Corporation Japan rose again on strong first-quarter results, while Aichi Financial Group also rallied sharply on rising long-term interest rates. Information on a tender offer for Kobayashi Pharmaceutical was also reported.
Furuya Metal has reportedly secured a large order from a major U.S. optical products company for iridium and platinum crucibles used in optical isolators, sending its share price sharply higher.
Aichi Financial Group has rallied sharply, leading gains across the banking sector against a backdrop of rising long-term interest rates.
Oracle Corporation Japan announced its first-quarter results. Profit reportedly increased year on year, helped by higher revenue from cloud services, and although the company has not issued a full-year forecast, its progress is viewed as exceeding consensus expectations.
There have been reports that Kobayashi Pharmaceutical is considering a tender offer, along with reports of a possible partial investment by members of the founding family.