During afternoon trading, Qol Holdings announced that it had acquired shares in メディカメンテ and ＭＹ, while the decline in DyDo Group Holdings' September domestic sales volume was reported. Mizuho Securities raised its target prices for NTT and SoftBank, Infonet introduced generative AI on Kanazawa City's official website, and ｕｎｂａｎｋｅｄ announced that the proposals at its extraordinary general meeting had been approved. These news items formed market cues and drove moves in some stocks.
Qol Holdings announced on 30 September that it would acquire shares in メディカメンテ (Sendai, Miyagi) and ＭＹ (Sendai, Miyagi). This will strengthen the group's ability to operate dispensing pharmacies, primarily through stores in Miyagi Prefecture. The company said the share acquisition was intended to contribute to community and home healthcare.
DyDo Group Holdings announced that preliminary domestic beverage sales volume for September was down 17.2% year on year. By channel, vending machine sales were down 20.9%, while distribution sales were up 13.6%, indicating changes in performance by sales route. Market reactions varied by stock.
Mizuho Securities changed NTT's target price from ¥177 to ¥200 and maintained its Buy recommendation, citing the strengthening of NTT's earnings base for the revival of Docomo. The improvement in its earnings outlook following results and revisions to pricing appears to be the background. While NTT's defensive characteristics remained in focus, the stock was also seen as having room for a re-rating.
Infonet rebounded for the first time in 3 sessions after announcing that it had introduced the generative AI integration service “Cogmo Enterprise Generative AI” to strengthen the search function on Kanazawa City's official website. Its subsidiary アイアクト will handle the initial setup and operational support, and said it would support future efficiency improvements and the establishment of ongoing operations.