Tokyo Market Summary: The Nikkei Average rose by 321 yen and the strong Japanese stock anomaly in the April-June period was also one step higher due to shareholder returns and favorable financial results evaluations

Top news
Strong Japanese stock anomalies in the April-June period, and higher due to shareholder returns and favorable financial results evaluations
As far as we look at the history of the past 30 years, there are many cases where the Japanese stock exchange rate for the April-June period rose due to evaluations of shareholder return measures and good financial results, and there is a possibility that such seasonal anomalies will be bought one more time this year as well. Looking at data from 1994 onwards that Bloomberg can obtain, the Tokyo Stock Price Index (TOPIX) rose 1.9% on average for the April-June period, outperforming all other quarters. The number of times it fell by 5% or more was also the fewest.

Bank of Japan April economic judgment, lowered in 7 regions, left unchanged in 2 regions
The Bank of Japan released the April Regional Economic Report (Sakura Report) on the 4th. Of the 9 regions nationwide, economic judgments for a total of 7 regions were lowered: Tohoku, Hokuriku, Kanto-Koshinetsu, Tokai, Kinki, Chugoku, and Kyushu/Okinawa. The two regions of Hokkaido and Shikoku have remained unchanged since last time (2024/1). The increase was zero.

Pain spreads around the world due to the rising dollar - monetary authorities in each country struggle to respond
Central banks and governments around the world are frustrated by the progress of the appreciation of the dollar, and they are being forced to take action to stop the depreciation of their own currency. Global currency officials are embarking on defending their own currencies through word of mouth and actual actions. This is because the strength (strength) of the US economy has retreated observations of a reduction in US interest rates and is supporting the trend of an appreciation of the dollar.
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Notable stocks
Konica Minolta temporarily rises 9.2% to reduce 2,400 people domestically and internationally by the end of March '25
$Konica Minolta(4902.JP)$It was announced that the number of personnel will be reduced by 2,400 people domestically and internationally by the end of March 2025. It is said that businesses will be selected and concentrated, and measures to improve productivity per group employee will be implemented at the group level. According to the company's presentation materials, transient expenses incurred in connection with the implementation of the current structural reforms are expected to be recorded around 20 billion yen for the fiscal year ending 25/3. Meanwhile, the boosting effect on business contribution profits for the fiscal year ending 26/3 is expected to be approximately 20 billion yen. When reports spread, the company's stock rose 9.2% at one point to 544.8 yen, and recorded an intraday rate of increase since February 2.

Kao temporarily rose 7%, and investment funds requested marketing improvements
$Kao(4452.JP)$skyrocketing. It was reported on the 4th that the Hong Kong investment fund, Oasis Management, asked the company for marketing improvements and requested that the company focus on international growth of major cosmetics and skincare brands, which is a clue. The stock price rose 7% to 6224 yen at one point. Oasis showed a trial calculation that “Kao's stock price will exceed 10,000 yen and rise 76% or more from the current stock price level” when marketing is improved by focusing on the growth of major cosmetics, etc.
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“Sato Toyota” 1 year, 2 times total market value, approaches Tesla with strong HV sales
$Toyota Motor(7203.JP)$President Sato Koji celebrated his first year in office on 4/1. He took over the presidency from Chairman Akio Toyoda and has accelerated electric vehicle (EV) development. The total market value has doubled to about 60 trillion yen in the past year, and the growth rate is at the top of the world's major automobile manufacturers, and the United States is at the top $Tesla(TSLA.US)$Approaching. The first year of “Sato Toyota,” where fraud by group companies occurred one after another, is followed by numbers of 10.

ITOCHU evaluates its attitude of sticking to high stock prices and profit growth since listing
$ITOCHU(8001.JP)$It continues to grow. At one point, the high price since listing was updated to 7039 yen, which was 4.05% higher for the first time in 2 months. The management plan for the fiscal year ending 2025/3 (this fiscal year) was announced on the afternoon of the 3rd, and a policy was indicated to increase the total return ratio of the amount obtained by adding dividends and the total amount of stock buybacks divided by net profit to about 50%. They showed a positive stance on shareholder returns, and stock prices skyrocketed the day before. Good purchases are continuing today.

Petroleum-related stocks are becoming popular every day, and the WTI price is high for the first time in about 5 months due to wary of the situation in the Middle East
Petroleum-related stocks are becoming more popular day by day. $Inpex(1605.JP)$Ya $Japan Petroleum Exploration(1662.JP)$、 $ENEOS Holdings(5020.JP)$It has continued to grow for 3 days. The US crude oil futures exchange rate on the 3rd rose to 85.43 dollars per barrel, which is 0.28 dollars higher than the previous day for the May term of WTI. At one point, it rose to a level of 86.2 dollars for the first time in five months since late October last year. In response to the fact that the area around Iran's embassy in Syria was bombed by Israel on the 1st, a sense of caution about the situation in the Middle East rose because Iran suggested countermeasures. Also, the fact that “OPEC Plus,” which consists of Organization of Petroleum Exporting Countries (OPEC) member countries such as Saudi Arabia and non-member countries such as Russia, confirmed maintenance of coordinated production cuts at the Joint Ministerial Monitoring Committee on the 3rd was also accepted as a tightening factor in crude oil supply and demand.
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