The Tokyo market opened with the Nikkei 225 rebounding, up ¥188. Shin-Etsu Chemical's higher centennial commemorative dividend and Hitachi's plans to build a new plant in the United States attracted buying, while ベビーカレンダー briefly hit the daily price limit.
At the opening of the Tokyo Stock Exchange on 16 September, the Nikkei 225 stood at ¥63,672.13, up ¥188.03 from the previous day, with dip-buying prevailing despite the drag from falling U.S. stocks. By sector, oil and coal products, mining, marine transportation, electric power and gas, and banking were among the gainers.
Shin-Etsu Chemical announced that it would pay a commemorative dividend marking its 100th anniversary and raised its interim dividend forecast from the previous ¥58 to ¥78. Hitachi announced plans to build a new transformer plant in the United States, with an investment of $528 million, and the facility is expected to be larger than its existing plant.
メタプラネット came under selling pressure after a U.S. cryptocurrency-related bill was rejected by the Senate, as investors reacted negatively to the decline in bitcoin.
ベビーカレンダー announced that it would acquire オレンジページ from Japan Post Group and make it a consolidated subsidiary. The estimated acquisition price is approximately ¥507 million, and the transfer is scheduled to be completed on 2 November.