A succession of developments emerged at the open among stocks including Premier G, with Dalton Investments’ announcement that it had become a major shareholder and the companies’ earnings revisions reported as market-moving factors. Premier G was viewed as having a positive catalyst, while Chuo Hatsujo and Futaba Industrial announced earnings revisions.
Premier Group was up 6.6% at ¥2,229, a gain of ¥137 from the previous day, as of 09:07. The stock was supported by the announcement that US-based Dalton Investments had filed a large-volume shareholding report on the 28th, showing a 5.05% stake.
Chuo Hatsujo fell sharply by ¥360, or 10.2%, to ¥3,185. Consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2027 fell 64.2% year on year to ¥700 million, prompting the company to cut its full-year forecast from ¥3.75 billion to ¥2.3 billion.
Futaba Industrial fell ¥52, or 5.2%, to ¥940. Consolidated ordinary profit for the second quarter of the fiscal year ending March 2027 fell 20.6% year on year to ¥6.97 billion, prompting the company to cut its full-year forecast from ¥19 billion to ¥17 billion.
Santec rose ¥138, or 8.5%, to ¥1,766. The company raised its first-half ordinary profit forecast from ¥1.3 billion to ¥2.67 billion and now expects a 74.1% increase in profit.
FreeBit rose ¥120, or 6.9%, to ¥1,865. The company expects consolidated ordinary profit of ¥6.61 billion for the fiscal year ending April 2026 and ¥6.95 billion for the fiscal year ending April 2027, representing higher profit.