While bank stocks including Mizuho FG were weak in the morning session, ABEJA announced a patent application for a new technology. Developments involving インソース and Kyushu FG were also reported. The key stock movements following lower long-term interest rates in Japan and the United States and reports on the Bank of Japan meeting are summarized.
In the morning session on 9/18, bank stocks were weak against a backdrop of lower long-term interest rates in Japan and the United States, with share prices of major banks including Mizuho FG falling. Caution spread ahead of the release of the results of the Bank of Japan’s Monetary Policy Meeting. Sumitomo Mitsui FG and Mitsubishi UFJ FG also declined.
ABEJA announced that it had developed and filed a patent application for “Triple HITL,” an advanced version of “Triple Human in the Loop.” The announcement indicated the introduction of a new system architecture that automatically improves AI while ensuring safety in high-risk areas.
インソース raised its target price based on an assessment by Tokai Tokyo Intelligence Lab, while its share price fell back. While its business with large companies and expansion of AI-related services were viewed positively, some also saw overall progress as remaining limited.
Suruga Bank’s investment rating was cut by SMBC Nikko, while its target price was raised. With the share price increase reflected in the valuation, trends in future credit costs may become a focus.
yutori announced the first collaboration between its cosmetics brand “minum” and the popular character “ちいかわ,” and extended its gains. Kyushu FG’s rating was raised by Nikko, with the view expressed that profitability is expected to improve as a result of increased deposits.