Several stocks announced earnings or dividend revisions, stock splits, share buybacks and other measures on the 28th, with the developments reflected in their share prices. Prologis REIT, Nippon Seiki and Nippon Gas were among the stocks showing notable moves at this morning's open.
As a major positive catalyst, Prologis REIT announced that it had raised its current fiscal year ordinary profit forecast by 9%, expected record-high profit for the first time in 3 fiscal years, and increased its distribution by ¥33. The share price rose at the open in response.
Nippon Seiki announced that it would acquire Denso's head-up display business. The acquisition is expected to expand the company's growth areas.
Nippon Gas effectively raised its dividend forecast for the current fiscal year and announced that it would conduct a 1-for-3 stock split, with 30 September as the record date. The company also disclosed a change to its dividend policy in connection with the split.
Convano announced the launch of “AXON,” an AI agent specialized for medical institutions, as it seeks to expand its related business.