Reports covered developments involving major stocks, including an increase in Wacom's large-shareholder holding, a target-price increase for Aica Kogyo, and Hagihara Industries' heat-shielding film being certified as having the world's highest solar reflectance.
It was learned that the holding ratio of a UK-based asset management company in Wacom had risen from 18.11% to 19.16%, and the date on the amended large-shareholding report submitted to the Kanto Local Finance Bureau was 14 September. The purpose of the holding is pure investment, and the company stated that it may make important proposals if it judges them necessary to achieve sustained improvements in corporate value.
Morgan Stanley MUFG Securities raised Aica Kogyo's target price from ¥4,050 to ¥5,200 while maintaining its Overweight rating. Based on business trends following the first-quarter results, it raised its forecast for consolidated operating profit on the assumption of improved margins in chemicals and a contribution from Stylam Industries in India.
Hagihara Industries announced that Miracool, its proprietary heat-shielding film, had recorded solar reflectance of 96.1% and been certified by Guinness World Records. It was rated as having the world's highest solar reflectance across all wavelengths and was viewed as a positive factor.
Meito announced a stock split. It plans to split each share into 2 shares, with 31 December as the record date, and this became a point of interest for investors.
Daiichi Jitsugyo announced that it would cancel 500,000 treasury shares on 15 October. The total number of issued shares will decrease after the cancellation, which was viewed as a positive factor.