Following earnings announcements from companies listed on the TSE Prime Market, stocks announced on Oct 30 were lower as of 9:27 a.m. on Nov 2. Kioxia, Murata Manufacturing and Lasertec in particular posted notable declines.
A ranking was published of stocks whose earnings announcements were viewed as having a negative impact and whose share prices had fallen from the close on the day before the announcement. The ranking covers companies listed on the TSE Prime Market, with the condition that their prices as of 9:27 a.m. on Nov 2 had fallen from the Oct 29 close.
The table lists the stock code, company name, market, percentage decline, announcement date, earnings period and ordinary-profit change rate, and is ordered by the size of the decline. Screen Holdings, Kioxia and Meidensha were among the top-ranked stocks, while Murata Manufacturing and Lasertec were also included lower in the ranking.
The article lists specific decline rates and announcement dates, along with the ordinary-profit change rate for each earnings period. Reviewing the company names and decline rates provides an indication of the market reaction following the earnings announcements.
This list is organized as “stocks with a negative earnings impact” and provides objective information on the combination of announcement date and reporting period, as well as the share-price reaction.
Kioxia, Murata Manufacturing and Lasertec, identified as stocks of interest, were all included in the category of stocks that saw notable share-price declines following their earnings announcements.