Taiyo Yuden shares fell sharply in the afternoon to ¥9,180. Tokai Tokyo Intelligence Lab lowered its investment rating and set its target price at approximately half its previous level.
In afternoon trading, Taiyo Yuden shares fell ¥195 from the 18th's closing price to ¥9,180.
On the same day, Tokai Tokyo Intelligence Lab lowered its investment rating on Taiyo Yuden from the top-tier Outperform rating and cut its target price to around half its previous level.
The move is viewed as part of a share-price adjustment linked to trends in semiconductor-related stocks and AI demand, although the article provides no subsequent reports or additional official information.