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Earnings Preview: MUFG to Report Financial Results on May 15
The Nikkei Average rose by 574 points, significantly continuing its gains, recovering to 30,000 yen on a closing basis for the first time in about a month as of the afternoon of the 9th.
On the 9th, the Nikkei average stock price surged by 574.70 yen to 37,503.33 yen compared to the previous day. The TOPIX (Tokyo Stock Price Index) increased by 34.77 points to 2,733.49 points, continuing its rise for the 11th consecutive day. The Nikkei average, based on the closing price, surpassed the psychological threshold of 37,000 yen for the first time in about a month since March 28 (37,120 yen). The U.S. market on the 8th reacted positively to the agreement on customs negotiations between the UK and the USA, prompting buying to lead the Japanese market as well.
Market Overview Early Information = Main situation of market orders before the afternoon session (1) Toyota, ENEOS, SoftBank Group, ETC.
As of 12:20 PM on the 9th, the main pre-market order status is as follows: Toyota <7203.T> Sell 110,000 shares, Buy 80,000 shares; Sony Group Corp <6758.T> Sell 100,000 shares, Buy 70,000 shares; Mitsubishi UFJ <8306.T> Sell 130,000 shares, Buy 140,000 shares; ENEOS <5020.T> Sell 50,000 shares, Buy 30,000 shares; Nissan Motor <7201.T> Sell 30,000 shares, Buy 40,000 shares; Softbank Group <9984.T> Sell 40,000 shares, Buy 40,000 shares. Provided by Wealth Advisor.
The Nikkei average is up by around 350 yen, showing a steady trend after initial buying activity = 9 days before the market.
On the morning of the 9th, the Nikkei average stock price fluctuated around 37,280 yen, about 350 yen higher than the previous day. At 9:21 AM, it reached 37,409.38 yen, up 480.75 yen. It has recovered the psychologically significant level of 37,000 yen, which has been a key resistance point, for the first time in about a month during trading hours. In the U.S. stock market on the 8th local time, both the NY Dow and the Nasdaq Composite Index continued to rise following the agreement on tariff negotiations between the UK and the US. The depreciation of the yen in the foreign exchange market is also supporting this trend.
Toyota, Chiyoda Corporation, etc. [List of stock materials from the newspaper]
*Toyota Motor Corporation ＜7203＞ projects an operating profit of 3.8 trillion yen for the fiscal year, burdened by U.S. tariffs and a strong yen (Nikkan Kogyo, page 1) -○*Nidec Corporation Sponsored ADR ＜6594＞ withdraws its tender offer, fearing losses due to countermeasures from Makino (Nikkan Kogyo, page 1) -○*Shibaura Electronics ＜6957＞ raises to 6200 yen, Shibaura Electronics' tender offer exceeds Minebea (Nikkan Kogyo, page 3) -○*JUKI ＜6440＞ supports sewing and industrial IoT, improving factory productivity (Nikkan Kogyo, page 3) -○*Chiyoda Corporation ＜6366＞ average net profit of 15 billion yen, three-year medium-term plan,
MUFG Announces New Head of CLO
