Of the 23 TSE Prime-listed companies headquartered in the Hokuriku region, 70% saw their share prices rise from April to September. Regional banks and semiconductor-related stocks performed particularly well, while moves to increase shareholder returns and improve capital efficiency also pushed up share prices.
The percentage change was calculated by comparing the closing prices on 31 March and 30 September for 23 TSE Prime-listed companies headquartered in Hokuriku. Share prices rose at 70% of the companies from April to September.
The background is believed to include changes in the interest-rate environment and strong demand for artificial intelligence (AI). Regional banks and semiconductor-related stocks performed particularly well. Efforts by individual companies to strengthen their shareholder-return policies and improve capital efficiency also contributed to share price gains.
The article states that the percentage changes were ranked using the 30 September closing prices as the benchmark, suggesting that market conditions for companies in the Hokuriku region were generally firm.