Individual stocks, led by Kasumigaseki Capital and NACHI-FUJIKOSHI, were reported to be attracting buying interest in the Tokyo market. Kasumigaseki Capital revised up its operating profit forecast for the current fiscal year and announced a stock split. NACHI-FUJIKOSHI reported a significant increase in operating profit for the 9-month period through the third quarter and also presented a stock split proposal.
Against a backdrop of overnight gains in U.S. stocks and currency movements, the upward revision to Kasumigaseki Capital's operating profit forecast for the current fiscal year and its announcement of a stock split attracted attention in the Japanese market. Kasumigaseki Capital anticipated operating profit growth earlier than previously expected and, following strong first-half performance, indicated an improved full-year outlook. This brought related stocks into focus.
Daiseki was also reported to have indicated that operating profit for the first half was expected to return to growth, making it highly likely that the full-year growth trend would be maintained. News reports suggested that buying interest had also turned toward machinery and equipment-related stocks, alongside the overall strength of the market.
NACHI-FUJIKOSHI was reported to have posted a significant increase in operating profit for the 9-month period through the third quarter and announced a 1-for-5 stock split. The stock split was said to have attracted attention in the stock market, with some viewing it as potentially affecting future earnings announcements.
A demonstration project to improve the efficiency of abandoned-bicycle management using a no-code app was reported to have been selected as a Kumamoto City project, drawing attention to digitalisation and collaboration with local governments. Onward Holdings and Bike O & Company were also among the stocks being closely watched, creating a situation that could affect overall stock selection.