Buying concentrated on stocks that announced earnings or upward revisions to their forecasts the previous day in the Tokyo stock market on 16 October, sending MORESCO and 川上塗料 to their daily price limits. 大末建設, BayCurrent Consulting, SHIFT, TerraSky and MS&Consulting also rose sharply.
In the Tokyo stock market on 16 October, buying focused on individual catalysts, particularly among stocks that had announced upward revisions, sending MORESCO, 川上塗料 and other stocks to their daily price limits. By contrast, HIOKI plunged as investors felt that the catalysts had been fully priced in, while ソースネクスト was weak on the possibility of customer information being leaked.
MORESCO sharply raised its consolidated operating profit forecast for the fiscal year ending February 2027 from the previous ¥2.4 billion to ¥4.5 billion, and was rewarded for growth in revenue and profit. 川上塗料 raised its full-year operating profit forecast to approximately 11 times the previous fiscal year's level and also increased its year-end dividend.
大末建設 raised its operating profit forecast for the fiscal year ending March 2027 from ¥5.75 billion to ¥7.05 billion, with net profit also improving. BayCurrent Consulting reported cumulative second-quarter revenue and operating profit above the previous year and was rewarded for capturing AI-related demand.
SHIFT achieved a record high in its results for the fiscal year ended August 2026 and expects higher profit in the fiscal year ending August 2027. TerraSky's second-quarter operating profit doubled year on year, while MS&Consulting reported strong first-half operating profit, up 2.2 times year on year, and announced a share buyback.
HIOKI, TOHO and ソースネクスト declined or remained weak despite strong earnings, as investors took profits and felt that the catalysts had been fully priced in. Individual catalysts, including the status of 宝ホールディングス' shareholdings and an announcement by Dynamic Map Platform, moved the market.