Japanese Shares Gain on 90-Day Pause in US-China Trade Tensions

MT Newswires02:51 ET

Mitsubishi Estate Profit Rises 12% in Fiscal 2024

MT Newswires23:20 ET

Nishimatsu Construction, Woyo Construction, ETC (additional) Rating

Downgrade - Bearish Code Stock Name Securities Company Previous ChangeAfter------------------------------------------------------------<4911> Shiseido Company, Limited Sponsored ADR Macquarie "Outperform" "Neutral" <8570> AEON FS JPM "Neutral" "Underweight" Target Price Change Code Stock Name Securities Company Previous ChangeAfter--------------------------------------

Fisco Japan22:44 ET

Rating information (Target Price change - Part 1) = Goyo Construction, Seria ETC.

Nomura Securities (three-tier system: Buy > Neutral > Reduce) Goyo Construction <1893.T> -- "Buy" → "Buy", 860 yen → 1,080 yen NEC <6701.T> -- "Buy" → "Buy", 3,440 yen → 4,150 yen Mitsubishi Estate <8802.T> -- "Buy" → "Buy", 3,500 yen → 3,710 yen Yamato Transport <9065.T> -- "Buy" → "Buy", 7,800 yen → 8,800 yen Nishimatsu Construction <1820.T> -- "Neutral" → "Neutral",

Kabushiki Shimbun20:53 ET

May 13 [Today's Investment Strategy]

[Fisco Selected Stocks] [Material Stocks] Kurihara <4023> 2732 yen (5/12) Engages in a wide range of functional, Chemicals, and Resin products. Announced financial results for the fiscal year ending March 2025. Operating profit is 9.428 billion yen (a 26.3% decrease compared to the previous term). Operating profit for the fiscal year ending March 2026 is projected to be 14 billion yen (a 48.5% increase compared to the previous term). At the same time, it was announced that a Share Buyback will be conducted for 5.6 million shares, accounting for 11.26% of the issued shares, with an upper limit of 15 billion yen. The acquisition period is from May 13, 2025, to March 26.

Fisco Japan20:01 ET

Attention is drawn to Kureha and Shiseido Company, Limited Sponsored ADR, while Maruha Nichiro and Shibaura Machine may be sluggish.

In the U.S. stock market on the 12th, the Dow Jones Industrial Average rose by $1,160.72 to 42,410.10, the Nasdaq Composite Index increased by 779.42 points to 18,708.34, and the Chicago Nikkei 225 Futures were up by 1,060 yen compared to the Osaka daytime at 38,760 yen. The exchange rate was 1 dollar = 148.40-50 yen. In today's Tokyo market, Shiseido Company,Limited Sponsored ADR <4911> reported a progress rate of 53.3% for operating profit Financial Estimates in the first quarter, and announced a return to profitability for the operating profit compared to the previous period, with a projected increase of 20.5% for this period.

Fisco Japan19:15 ET