The Nikkei 225 posted its sharpest rebound in 4 sessions, with AI-related stocks surging notably, while Shin-Etsu Polymer and Koei Tecmo raised their forecasts and Kobe Bussan reported solid monthly results.
The Nikkei 225 posted its sharpest rebound in 4 sessions, reportedly driven by a rebound in the US market and easing concerns over funding. AI-related stocks surged, and the improvement in market sentiment, including a rise in the SOX Index, reportedly lifted the Nikkei 225 as high as ¥63,684.69.
Shin-Etsu Polymer’s first-half operating profit for the fiscal year ending March 2027 rose approximately 31.6% year on year to ¥9.4 billion. The company raised its full-year forecast to ¥18.2 billion and increased its dividend from ¥66 to ¥72. Koei Tecmo Holdings reported first-half operating profit of ¥11.7 billion, up 47.4% year on year, raised its full-year forecast to ¥34.0 billion, and increased its dividend to ¥56.
Kobe Bussan’s September monthly sales reportedly rose 5.6% year on year, while operating profit increased 15.0%, with strong frozen-vegetable sales and the contribution from promotional sales cited as factors. At the same time, a decline in customer numbers was reported, and the market environment was said to have seen funds move from domestic-demand sectors into semiconductor stocks.
The article’s author reportedly summarized the key points of the stock market and the performance of individual stocks in the 27 October issue of Daily ZAi.