Starting with a depreciation of 61 yen on the Nikkei average, industrial production rose 1.0% in October, positive for 2 consecutive months

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Bank of Japan operation reduction expectations are rising, and the “largest holder” barrier preventing the function of the government bond market from recovering
As long-term interest rates remain below the upper limit, there are voices expecting a reduction in government bond purchases by the Bank of Japan. This is because the influence of the Bank of Japan, which is the largest holder of government bonds, is still large even after yield curve control (long and short interest rate manipulation, YCC) flexibility, and improvements in the function of the bond market are in the middle of the road.

Industrial production rose 1.0% in October and was positive for 2 consecutive months
The preliminary value for the October industrial production index (2020 = 100, seasonally adjusted) announced by the Ministry of Economy, Trade and Industry on the 30th was 104.6, up 1.0% from the previous month. The electronic components/device industry and the automobile industry took the lead, making it positive for the second consecutive month.

Japan's office building investment fluctuates overseas sales for the first time in 4 years
There are signs of a shift in domestic office building investment. Due to the overseas real estate recession associated with rising interest rates, it is expected that the overseas forces that were the driving force will turn to overselling for the first time in 4 years in 2023. Rents have also continued to drop even after the novel coronavirus disaster.

Denso - Decline sold 256.37,0003,400 shares and announced a share buyback
$Denso(6902.JP)$fell. The company announced on the 29th that it will sell 256.373,400 shares and sell the upper limit of 38.45,900 shares through overallotment.

Sumitomo Corporation - 4 Continued Decline Cell Phone Companies and Joint Base Station for 5G, Maintenance Cost 1/4 = Nikkei
$Sumitomo(8053.JP)$Continued to fall. The morning edition of the Nihon Keizai Shimbun dated 30th reported that the company will begin developing mobile phone base stations that can be used jointly with the four major telecommunications companies.

Takeda's “prudent” way of looking at company forecasts is expected for cars to rise due to depreciation of yen
Which companies are likely to review their financial results for the fiscal year ending 2024/3? When ranking based on the difference between company predictions for final profit and loss and market predictions, automobiles with heightened upward expectations due to depreciation of the yen and cautious company predictions were shown at the top $Takeda Pharmaceutical(4502.JP)$etc. were lined up.

ー MooMoo News Evelyn
Distribution source: Nihon Keizai Shimbun, Bloomberg, Traders Web