Following the parent company's tender offer announcement, the target stock surged and was bought up to near its daily limit. The Nikkei 225 rebounded sharply, with higher- and lower-contributing stocks changing places.
The target stock surged and showed signs of narrowing the price gap after its parent company announced a tender offer. The market entered a rebound phase in response, and the Nikkei 225 widened its gains.
The Nikkei 225 closed at ¥58,775.50, up ¥1,340.73 from the previous day. The top contributors included Fast Retailing, Tokyo Electron, Advantest, Recruit Holdings and Konami, while the bottom contributors were SoftBank Group, JT, Ibiden, Kioxia Holdings and KOKUSAI ELECTRIC.
Trading volume on the TSE Prime Market was approximately 2.995 billion shares, and trading value was approximately ¥8.911842 trillion, down from the previous day. By sector, Other Products, Banks, Transportation Equipment, Nonferrous Metals and Retail Trade rose, while Foods and Marine Transportation fell.
The top individual gainer was セカンドリテイリング, followed by Charm Care Corporation and TOWA. The leading decliners were Japan Medical Dynamic Marketing, JT and Vital KSK Holdings.