In today's Tokyo market, which was affected by declines in US stocks, stock picking intensified as Mitsui High-tec and Nisshinbo Holdings raised their earnings forecasts and several companies announced share buybacks.
In yesterday's US stock market, the Dow hit a new low while the exchange rate remained in the ¥153-per-dollar range. In the Tokyo market, upward revisions to first-quarter operating profit forecasts were announced one after another, with Mitsui High-tec raising its forecast for the fiscal year ending January 2027 and Nisshinbo Holdings revising upward its net income forecast for the fiscal year ending December 2026. Share buyback announcements, including one from ANYCOLOR, also contributed to an active stock-picking environment.
Meanwhile, Kakiyasu Honten, BESTERRA, Tempos Holdings, Asakuma and Howtelevision were among the stocks identified as likely to perform weakly, with changes in first-quarter profit forecasts drawing investor attention. Market interest is also focused on related news, including the capital and business alliance between Daiwa House Industry and 大和自交, ファンタジス's plans to develop an AI data center, UNIVA's move to make a power development business a subsidiary, and Flight's receipt of a large order.