The morning session comments covered public offerings and secondary offerings, scheduled dates, earnings revisions, a licensing agreement and sales trends at インフロニアHD, IDEC, HENNGE, Fast Retailing, JCRファーマ and 良品計画. The topics included offerings, schedules, use of proceeds, earnings outlooks and domestic and overseas sales trends.
インフロニア・ホールディングス announced a public offering and a secondary offering through an over-allotment of up to the specified limit, disclosing the offering period, number of shares and maximum number of public offering shares. Estimated net proceeds from the public offering are expected to total approximately ¥147.2 billion at the maximum, of which ¥117.0 billion is scheduled to be used to repay short-term borrowings. The remainder will be allocated as funds reserved for strategic M&A, primarily in construction contracting, infrastructure operations and stadium businesses.
IDEC raised its full-year operating profit forecast from the previous ¥7.20 billion to ¥9.40 billion. Demand related to semiconductors, robots and machine tools remained firm, particularly in Japan and China, and sales are expected to exceed the initial forecast, with higher revenue also expected to lift profit above the forecast.
HENNGE announced a public offering of 1.10 million shares, a secondary offering of 1.38 million shares and an additional secondary offering through an over-allotment of up to 372,000 shares. The offering terms will be determined during the period from 13 to 15 October, and the delivery date will be 20 to 22 October.
Fast Retailing, also known as Fast Retailing, announced that September sales at domestic existing Uniqlo stores plus e-commerce rose 11.0% year on year. Customer traffic at existing stores fell 0.5%, while spending per customer rose 11.3%. The company said autumn and winter products sold well.
JCRファーマ announced that it had entered into an exclusive licensing agreement with Italy's Italfarmaco for JR-141 in the United States, Europe and Latin America. Following approval, Italfarmaco will handle sales and distribution, while JCRファーマ will continue manufacturing. In addition to an upfront payment, JCRファーマ will receive milestone payments, royalties and consideration for product supply.
良品計画 announced that September domestic same-store sales rose 11.6% year on year, while sales at all stores rose 16.0%. At existing stores, household goods and apparel accessories grew by double digits, while health and beauty products and housewares also performed well. Rising demand for autumn products supported growth in men's and women's apparel and underwear.