Against the backdrop of the sharp sell-off, 20 TSE-listed stocks whose growth stories remain intact were selected. Ahead of November’s approaching earnings rush, they are introduced separately as stocks that have already reported earnings and those reporting later.
In the Tokyo market on 15 October, the Nikkei Average fell ¥3,318 to ¥64,425, while the U.S. CPI coming in above expectations and the surge in CoreWeave's corporate bond yields heightened market anxiety. The emerging TSE Growth market also fell sharply against a backdrop of rising interest rates.
This article carefully selected 20 TSE-listed stocks that could represent opportunities for medium- to long-term investors, without conflating a sharp share-price decline with deteriorating earnings. The stocks are introduced separately as those that have already reported earnings and those yet to report.
Of the 5 stocks cited as having already reported earnings, 霞ヶ関キャピタル has a P/E of approximately 7x, while SHIFT is highlighted for its earnings trends and expanding AI-related orders. The next earnings schedule is not expected to overlap with November's earnings rush, so the timing of any investment decision will depend on how interest rates develop.
The article focuses on stocks that could see renewed buying after earnings announcements, while considering developments where earnings risk is avoided or cannot be fully avoided.