Nakayama Steel
Announcement of financial results on the 6th. “We have revised our current fiscal year’s ordinary forecast upward by 5% and increased the dividend by 4 yen,” which was well received.
Nakayama Steel Works 5408> [東証Ｐ] announced its financial results after the market close on February 6th (15:00). Consolidated ordinary income for the cumulative third quarter of the fiscal year ending March 2024 (April-December) decreased by 15.7% from the same period of the previous year to 9.41 billion yen. Due to strong business performance, the annual dividend for this fiscal year has been revised upward from the previous plan of 38 yen to 42 yen (55 yen in the previous fiscal year).
⇒⇒See detailed performance trend chart of Nakayama Steel Works
■Meiko<6787>4,580 yen +295 yen (+6.9%) Today’s closing price
Meiko<6787>has increased significantly for four days in a row, hitting a new high since last year. After the close of trading on the 6th, the company announced an increase in its dividend forecast. The annual dividend forecast has been increased by 2 yen from the previous forecast to 57 yen (an increase of 2 yen from the previous fiscal year). The consolidated financial results for the cumulative third quarter of the fiscal year ending March 2024 (April to December), which were also announced, show that sales increased by 6.6% year-on-year to 133,534 million yen, and ordinary income increased by 4.2%. Sales and profits increased to 9,779 million yen. In the most recent three months from October to December, ordinary income increased significantly by 4.7 times. It appears that investors who appreciated the dividend increase and business conditions bought the stock. In the April-December period, orders and sales of automotive circuit boards were strong. For smartphones, the company is working to increase orders for build-up boards and flexible boards for high-end models, and profitability is increasing. The EMS business also performed well.
■Ricoh<7752>1,269.5 yen +79 yen (+6.6%) Today’s closing price
Ricoh<7752>suddenly rebounded. After the close of trading on the 6th, the company announced that it would carry out a share buyback with a total of 36 million shares (5.9% of the total number of issued shares excluding treasury stock) and a total acquisition amount of up to 30 billion yen. It appears that investors have been buying in anticipation of the impact it will have on the supply and demand side of stocks. The acquisition period is from February 7th to August 30th. All acquired shares are scheduled to be retired on September 30th. Meanwhile, the company also announced a downward revision to its earnings forecast for the fiscal year ending March 2024. The company has lowered its sales forecast for this fiscal year from 2.33 trillion yen to 2.3 trillion yen (up 7.8% from the previous year), and the final profit forecast from 50 billion yen to 44 billion yen (down 19.1% from the previous year). In the office printing business, the degree of recovery in sales of edge devices has been lower than expected. The thermal business has been affected by sluggish demand in Europe and the US, which has been factored into the earnings forecast.
■ Piolax<5988>2,664 yen +155 yen (+6.2%) Today’s closing price
piolax<5988>The stock rose sharply in the latter half of the market, hitting a new high since last year. At 1 p.m. on the 7th, the company announced upward revisions to its consolidated results and dividend forecast for the fiscal year ending March 2024, which seems to have been seen as a factor. The ordinary profit forecast for this term has been revised upward from 5 billion yen to 5.7 billion yen (up 17.1% from the previous year). Additionally, the sales forecast has been slightly revised up by 200 million yen to 64.1 billion yen (up 9.7% year on year). As the impact of the semiconductor shortage in the automobile industry gradually eases, domestic sales are expected to remain strong, and this has been reflected in the earnings forecast. The annual dividend forecast has been revised by 9 yen to 128 yen (28 yen increase from the previous year).
■Gunze<3002>5,560 yen +320 yen (+6.1%) Today’s closing price
Announcement of financial results on the 6th. “Recurring profit for the April-December period (total of 3Q) increased by 22%, and profit for the October-December period also increased by 48%” was received favorably.
gunze <3002> [東証Ｐ] announced its financial results after the market close on February 6th (15:00). Consolidated ordinary income for the cumulative third quarter of the fiscal year ending March 2024 (April-December) increased by 22.3% year-on-year to 6.08 billion yen, and although the progress rate against the full-year plan of 7.5 billion yen reached 81.1%, This was lower than the five-year average of 91.5%.
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■Sanken Electric<6707>7,800 yen +344 yen (+4.6%) Today’s closing price
sanken electric<6707>has risen sharply for the fourth time in a row. After the close of trading on the 6th, the company announced that it would withdraw its consolidated earnings forecast for the fiscal year ending March 2024, and that its sales and profit forecasts would be “undetermined.” The year-end dividend forecast, which had been set at 15 yen, has not yet been determined. Due to the Noto Peninsula earthquake, operations at the production base of subsidiary Ishikawa Sanken were suspended. It has been determined that it will take time to predict future production and shipments and calculate the amount of damage to buildings and equipment. In response to the announcement, there was early selling in the morning, but the stock rebounded as there was a push-up buying near the 25th moving average. Ishikawa Sanken resumed some production at two of its three factories on January 30th. The remaining Shiga factory will take some time to restart due to delays in power recovery, so preparations are being made for alternative production of some products at the Horimatsu factory, with the aim of starting production in early February. Sanken stock had been lagging behind the overall market, but given that the schedule for recovery has been shown, it seems that buying with an awareness of affordability pushed up the stock price. The consolidated financial results for the cumulative third quarter (April to December), which were also disclosed, show that sales were 179,828 million yen, an increase of 10.1% year-on-year, and ordinary income was 20,724 million yen, an increase of 19.7% year-on-year. It was 10,000 yen.
■Hirata Machinery<6258>6,990 yen +290 yen (+4.3%) Today’s closing price
Hirata Machinery<6258>The price went against the generally weak market, and at one point rose by 380 yen, reaching the 7,000 yen mark for the first time since early November last year. The company provides production equipment such as industrial robots and production/logistics systems for the automobile and semiconductor industries, and its technological capabilities are highly evaluated both domestically and internationally. Under these circumstances, after the close of trading on the 6th, the company announced that it had received an order for internal combustion vehicle engine production equipment (approximately 13 billion yen in value) from a North American customer, and the company is attracting buying activity with this as a positive. The company is focusing not only on gasoline vehicles but also on equipment for electric vehicles (EV), and is making progress in capturing related demand.
■Nichirei<2871>3,750 yen +145 yen (+4.0%) Today’s closing price
Nichirei<2871>The stock rebounded sharply for the first time in three days and hit a new high. After the close of trading on the 6th, the consolidated financial results for the cumulative third quarter of the fiscal year ending March 2024 (April to December) will be announced. At the same time, we have revised our full-year performance forecasts, increasing our sales forecast from 668 billion yen to 675 billion yen (1.9% increase from the previous fiscal year) and the ordinary income forecast from 35.7 billion yen to 37.5 billion yen (12.1% increase from the previous fiscal year). I pulled it up. The stock has been revised to add to the highest profit forecast, and many buyers have appreciated this. Processed food business and low-temperature logistics business performed well. Due in part to growth in the bioscience business, earnings are expected to exceed the plan. Sales for the April-December period were 514,409 million yen, an increase of 2.7% from the same period last year, and ordinary income was 30,951 million yen, an increase of 20.1%.
■Toyota Motors<7203>3,260 yen +125 yen (+4.0%) Today’s closing price
toyota motors<7203>has increased for 4 consecutive days. The stock price was bought more than 7% higher than the previous day, setting a new high since its listing. The company announced its financial results on the 6th, and announced an upward revision to its consolidated earnings forecast for the fiscal year ending March 2024. Operating revenue has been revised from the previous forecast of 43 trillion yen to 43.5 trillion yen (up 17.1% year on year), and net income has been revised from 3.95 trillion yen to 4.5 trillion yen (83.6% year on year). This is expected to be a new record high for the first time in two quarters. There was a view in the market that net income for this term was expected to be around 4.2 trillion yen. Also, on the 6th, Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC), the world’s largest semiconductor company,
■Oomoto group<1793>2,570 yen +90 yen (+3.6%) Today’s closing price
Oomoto group<1793>has increased rapidly, reaching a new high since last year. After the close of trading on the 6th, the company announced revisions to its non-consolidated earnings forecast for the fiscal year ending March 2024. The sales forecast has been revised from 80 billion yen to 82 billion yen (down 13.2% year on year), and the ordinary income forecast has been revised from 700 million yen to 1.65 billion yen (up 94.2% year on year). The company now plans for an increase in ordinary income, a complete change from its forecast of a decrease. The annual dividend forecast has also been revised to 65 yen, an increase of 5 yen, and it appears that some buyers were impressed by this. The amount of work on hand was higher than expected. Gains from the sale of stock holdings and a decrease in tax expenses will also boost profits.
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2024-02-07 06:17:38
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