＜9107＞ Kawasaki Ships 2194.5 +29.5
Significant continuous growth. Financial results for the fiscal year ending 2014/3 were announced the day before, and ordinary profit was 135.8 billion yen, down 80.3% from the previous fiscal year, landing on the conventional company plan line. The fiscal year ending 25/3 is 135 billion yen, which is expected to decrease 0.6% from the same period, and the annual dividend will be 85 yen compared to the 83.33 yen previously anticipated. The implementation of a stock buyback with an upper limit of 100 billion yen due to off-site transactions was also announced. Furthermore, the medium-term ordinary income target value has been revised upward, and implementation of additional shareholder returns during the period has also been announced.
＜6050＞ EG 1675 +300
Stops are highly proportional. Financial results for the first half of the year were announced the day before, and operating profit was 880 million yen, down 6.6% from the same period last year, falling below the previous plan of 950 million yen. The full-year forecast was revised downward from the previous 1.94 billion yen to 1.76 billion yen. Meanwhile, the dividend policy was changed, and the dividend payout ratio of 30% was used as a guide, and the annual dividend plan was increased from the previous 27 yen to 31 yen. In addition, a shareholder benefit program was newly established, and at the end of September, shareholders holding 100 shares or more will be presented with Quo cards worth 5,000 yen.
＜6806＞ Hirose Electric 18605 +1475
Significant continued growth. Financial results for the fiscal year ending 2014/3 were announced the day before, and operating profit was 34 billion yen, down 27.2% from the previous fiscal year, slightly higher than the previous plan of 33 billion yen. The fiscal year ending 25/3 is 36 billion yen, which is expected to increase 5.8% from the same period, which is almost the market consensus level. There were no surprises in the financial results, but the dividend policy was changed. The medium-term target is DOE 5% from the dividend payout ratio of 50% up until now. Along with this, an annual dividend of 490 yen is planned for the fiscal year ending 25/3, with a 50 yen increase compared to the previous fiscal year. It was viewed as positive material.
＜6841＞ Yokogawa Electric 3860 +308
Significant continued growth. Financial results for the fiscal year ending 2014/3 were announced the day before, and operating profit was 78.8 billion yen, up 77.4% from the previous fiscal year, and market expectations were also fluctuated by about 5 billion yen. The fiscal year ending 25/3 is expected to be 75 billion yen, down 4.8% from the same period. It is expected that the increase in the burden of SG&A expenses due to upfront investment will weigh heavily, but the market consensus of about 67 billion yen has greatly increased, leading to a positive response. In addition, the mid-term plan for the fiscal year ending 29/3 has also been announced, but it seems that the impact here is limited.
＜3498＞ Kasumigaseki Capital 18420 +1380
Significant continued growth. It was announced the day before that a sale settlement had been made for a property in the United Arab Emirates owned by KCDI THREE REAL ESTATE, a consolidated subsidiary in Dubai. The property for sale is Waves Grande with 3 rooms, and the total floor area is about 66 m2, about 125 m2, and about 66 m2, respectively. Details of the sales destination and sale price have not been announced, and it is said that they have already been factored into earnings forecasts, but monetization of smooth development projects was positively perceived.
＜9831＞ Yamada HD 426.7 -23.4
A sharp decline. Financial results for the fiscal year ended March 24 were announced the day before. Operating profit was 41.5 billion yen, down 5.8% from the previous fiscal year, but it was already revised downward on 4/15. Meanwhile, the fiscal year ending 25/3 is 48.2 billion yen, which is expected to increase 16.2% from the same period, and the consensus is slightly higher than 1 billion yen. It seems that they are mainly expecting a recovery in the housing and construction segment. While the company's guidance is on a relatively bullish trend, the range of consensus ratio fluctuations is limited, and it seems that positive responses are scarce.
＜7974＞ Nintendo 7337 -422
A sharp decline. Financial results for the fiscal year ending 2014/3 were announced the day before, and operating profit was 528.9 billion yen, up 4.9% from the previous fiscal year, and market expectations declined by about 10 billion yen. The fiscal year ending 25/3 is 400 billion yen, which is expected to decrease 24.4% from the same period, and the consensus is about 90 billion yen lower. The reason for the downturn is that a Nintendo Switch successor has not been incorporated. The successor model is expected to be announced during the fiscal year ending 25/3, but there are no announcements at “Nintendo Direct,” which is scheduled to be distributed in June.
＜7752＞ Ricoh 1295 -85
A sharp decline. Financial results for the fiscal year ending 2014/3 were announced the day before, and operating profit was 62 billion yen, down 21.2% from the previous fiscal year, and the company plan was slightly higher. Meanwhile, the fiscal year ending 25/3 is 70 billion yen, which is expected to increase 12.9% from the same period, which is close to 15 billion yen below market consensus. Since stock prices have been trending in the high price range since the beginning of the year, it leads to a negative reaction. It also seems that a negative of 10 billion yen has been factored in as part of the cost of the corporate value improvement project.
＜6200＞ insource 974 +150
The stop is high. Financial results for the first half of the year were announced the day before. Operating profit was 2.4 billion yen, up 24.4% from the same period last year, but the figure is in line with the upward revisions announced on 4/25. The full-year forecast is 4.59 billion yen, which is an increase of 16.5% from the previous fiscal year. Although there are no surprises in the financial results, it seems that there is a movement to once again evaluate current good performance and high profitability. Furthermore, sales for the fiscal year ending January-March have recovered 20% year-on-year growth for the first time in 5 quarters.
＜6062＞ Charm Care 1704 +199
rapid expansion. Results for the 3rd quarter were announced the day before. Cumulative operating income was 2.48 billion yen, up 81.1% from the same period last year, and the profit growth rate further expanded from 1.57 billion yen in the first half of the year, up 67.6% from the same period. In the nursing care business, existing homes maintained a high occupancy rate, and occupancy of newly established homes and subsidiary-like homes also continued to be strong. Also, profitability has improved due to effects such as a decrease in COVID-related expenses and improved work efficiency. Furthermore, development projects are scheduled to be sold in the real estate business in the fourth quarter.