Starting with the Nikkei average rising by 279 yen, the yen was in the first half of the 153 yen range against the dollar, and temporarily hit a low for the first time in about 34 years due to rising long-term US interest rates

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The yen was in the first half of the 153 yen range against the dollar, and temporarily hit a low for the first time in about 34 years due to rising long-term US interest rates
The yen exchange rate of the Tokyo Foreign Exchange Market on the morning of the 12th was 1 dollar = the first half of the 153 yen range, down slightly from the evening of the previous day. Overseas time hit 153 yen 32 yen at one point, the low since June 1990. Movements to buy back yen due to position adjustments and caution against intervention ahead of the weekend are also expected, but it seems that a moderate trend of appreciation of the dollar and depreciation of the yen will continue as long-term US interest rates continue to rise.

Japanese authorities will intervene if they break into the 155 yen range - MUFG Goncalves
George Goncalves, the US macrostrategy officer at MUFG Securities America, expressed the view that a new warning line where the Japanese currency authorities will step in and intervene will be 1 dollar = 155 yen. The background is that the depreciation of the yen and appreciation of the dollar progressed through levels that had been feared until now in response to an increase in the US Consumer Price Index (CPI).

Construction stocks led by “subcomputers” benefit from improving market conditions due to the return of the manufacturing industry to Japan
Construction stocks are gaining momentum in the Japanese stock market. Movements to return manufacturing bases to Japan in response to government semiconductor support and heightened geopolitical risks are becoming active, leading to expectations for improved profit margins.

Mitsui Fudosan - Formulated a new long-term management policy that rebelled for the first time in 3 days and announced dividend increases
$Mitsui Fudosan(8801.JP)$rebounded for the first time in 3 days. The company announced on the 11th that it has formulated a new long-term management policy. We will practice ambidextrous management through three business strategies: further growth of the core business, expansion into new asset classes such as sports and entertainment, exploration of new business areas, and acquisition of business opportunities.

Fujifilm HD - 5 times contract production of repulsive biopharmaceuticals for the first time in 4 days, 700 billion yen = Nikkei
$FUJIFILM Holdings(4901.JP)$rebounded for the first time in 4 days. The morning edition of the Nihon Keizai Shimbun dated 12th reported that the company will increase the production capacity of biopharmaceuticals used for cancer treatment etc. by 5 times by 2028.

Major semiconductor stocks such as Lasertech and Socionex are high, SOX index is drastically high and buyback ◇
$Lasertec(6920.JP)$、 $Tokyo Electron(8035.JP)$、 $Disco(6146.JP)$In addition to major semiconductor manufacturing equipment companies, semiconductor design $Socionext(6526.JP)$, the largest automotive microcomputer $Renesas Electronics(6723.JP)$Major stocks in the semiconductor sector, such as, are pointing to higher prices across the board.