While U.S. tech stocks are performing well, Fast Retailing is a burden.

The Nikkei average slightly declined. It ended trading at 39,569.68 yen, down 76.68 yen (Volume estimated at 1.8 billion 60 million shares). Following the previous day's trend in the US market where technology stocks were bought, there was early buying in high-value technology stocks, which pushed the index up to 39,957.80 yen shortly after trading began. The yen's depreciation, with the exchange rate at 147 yen to 1 dollar, also had a positive impact. However, upon nearing the psychological level of 40,000 yen, there was profit-taking and selling as well as waiting for a rebound, alongside an earnings report from the previous day.

Fisco JapanJul 11 03:24 ET

Rengo, Ajinomoto, etc. (additional) Rating

Upgraded - Bullish Code Stock Name Securities Company Previous Changed -------------------------------------------------- <3863> Nippon Paper Nomura "Neutral" "Buy" Target Price Change Code Stock Name Securities Company Previous Changed -------------------------------------------------- <2212> Yamazaki Bread Morgan Stanley 1000 yen 3200 yen <2802> Ajinomoto

Fisco JapanJul 10 23:26 ET

Fast Retailing has the potential to support the Nikkei average.

[Stocks Opening Comment] The Japanese stock market on the 11th is expected to start with a Buy, and then likely to experience increased stagnation. In the U.S. market on the 10th, the Dow Jones Industrial Average rose by 192 points, while the Nasdaq increased by 19 points. The unexpected decrease in weekly unemployment claims demonstrated the resilience of the U.S. labor market, and after Delta Air Lines reported stronger-than-expected earnings, excessive caution due to tariff policies has eased. Additionally, dovish remarks from Federal Reserve Board member Waller were made.

Fisco JapanJul 10 19:23 ET

The U.S. military industrial power is declining, while China is rapidly growing.

In the field of defense, one reason for the United States' victory in World War II was its ability to produce more of everything, from bullets to food, than the enemy. In 1942, a shipyard in California reportedly assembled a supply ship in less than five days. However, the U.S. no longer has the capability to achieve such manufacturing feats. Currently, it is said that China is the country capable of producing the largest quantity of almost all products. <7011> Mitsubishi Heavy Industries <7012> Kawasaki Heavy Industries <6503>

Fisco JapanJul 10 16:24 ET

The issue of rice tariffs and the supply and demand of ETFs are burdensome.

The Nikkei average fell for the first time in three days. It ended trading at 39,646.36 yen, down 174.92 yen (with an estimated Volume of 2 billion shares). In the US market, as NVIDIA updated its all-time high, buying for some tech stocks took precedence. However, the yen fluctuated to the upper 145 yen range against the dollar, and with President Trump announcing a 50% tariff on imports from Brazil, the uncertainty surrounding tariff policies grew again. Additionally, the distribution of listed ETFs.

Fisco JapanJul 10 03:39 ET

Asahi Intecc --- PCI guide wires are the global leader, a rapidly growing global company in minimally invasive treatments.

Asahi Intecc Co., Ltd. <7747>, established in 1976, has evolved into a top Global niche company in the field of Medical Devices, specializing in minimally invasive treatments based on ultra-fine stainless steel wire rope technology. Since its founding, the company has consistently refined its high-precision wire technology and is developing products in over 110 countries and regions. The company's business is composed of two segments: Medical and Device. The Medical segment constitutes 90% of the revenue and is the main business.

Fisco JapanJul 10 02:23 ET