＜6758＞ Sony G 12680 -380

The sharp decline continued. It is reported that an acquisition plan on the scale of about 4 trillion yen was presented to major media company Paramount Global in collaboration with Apollo Global Management, a US investment fund. Paramount Global has Paramount Pictures and CBS under its umbrella, and negotiations on mergers are continuing with the US film production company Skydance Media. It seems to be a development where concerns about increased financial burdens associated with huge acquisitions take precedence.

＜8058＞ Mitsubishi Corporation 3467 -77

The sharp decline continued. Financial results were announced during the 2 day trading hours before the consecutive holidays, and the trend softened thereafter, but sales dominance is developing today as well. According to the guidance for the fiscal year ending 25/3, net profit is 950 billion yen, down 1.5% from the previous fiscal year, and annual dividends are 100 yen, an increase of 30 yen from the previous fiscal year. There is also a view that dividends are above expectations, but large transient profits of 220 billion yen, such as profit from revaluation of the convenience store business and profit from the sale of some Australian coal mines, are scheduled to be recorded, and in effect, a drastic decline in profit is expected.

＜3696＞ Ceres 1809 +171

rapid expansion. An upward revision of earnings for the fiscal year ending 24/12 was announced last weekend. Ordinary income was raised from the previous forecast of 1.6 billion yen to 2 billion yen, an increase of 64.3% from the previous fiscal year, and the equity method investment income of 370 million yen recorded, etc. seem to be the background of the increase. Operating profit has remained unchanged from the previous forecast of 1.6 billion yen, but it has been above expectations due to improvements in Moppy's gross profit margin and strong performance in the D2C business.

＜9201＞ JAL 2729 -24

Growth was sluggish and continued to decline. Financial results for the fiscal year ended March 24 were announced last weekend. EBITDA was 145.2 billion yen, 2.2 times the previous fiscal year, slightly above the upward revised value of 140 billion yen announced on March 21. The annual dividend is 75 yen, an increase of 5 yen from the previous plan. Meanwhile, EBITDA for the fiscal year ending 25/3 is 170 billion yen, up 17.1% from the same period, and dividends are planned to be 80 yen. This is in line with the guidance shown in March, and there are few surprises. It seems that the sense of exhaustion in the immediate future is gaining the upper hand.

＜6809＞ TOA 1158 -63

A sharp decline. Financial results for the fiscal year ended March 24 were announced last weekend. Ordinary profit was 3.71 billion yen, up 76.3% from the previous fiscal year, and it landed at the level revised upward at the time of the 3rd quarter financial results. Meanwhile, the profit rate for the fiscal year ending 25/3 is 3.9 billion yen, up 5.1% from the same period, and the rate of increase is expected to slow. It seems that expectations were one step higher over the weekend, and the sense of immediate exhaustion prevailed. Note, operating income for the fiscal year ended March 24 was 3.03 billion yen, down from the upward revised value of 3.2 billion yen in February.

＜580＞ Yoshicon 1620 +300

Stops are highly proportional. Financial results for the fiscal year ending 24/3 were announced last weekend, and operating profit was 3.03 billion yen, 2.1 times the previous fiscal year, which greatly exceeded the previous forecast of 2.4 billion yen. Also, the fiscal year ending 25/3 is forecast to be 3.7 billion yen, up 22.1% from the same period, and the annual dividend is also planned to increase 3 yen from the previous fiscal year to 58 yen. Furthermore, 200,000 shares, which is 2.82% of the number of issued shares, and the implementation of company stock buybacks with an upper limit of 300 million yen has also been announced, and evaluations are increasing.

＜8462＞ FVC 578 +80

Stops are highly proportional. It was announced that treasury stock will be repurchased last weekend. The maximum acquisition limit is 250,000 shares, which is 2.9% of the number of issued shares, and 100 million yen, and the acquisition period is from 5/7 to 8/31. The purpose of the acquisition is to return shareholders and improve capital efficiency. Since it was just after the company stock buyback with an upper limit of 100 million yen was carried out from February to April, it seems that there is a growing movement to positively grasp the implementation of continuous shareholder returns.

＜7606＞ U Arrows 1947 +141

Significant continued growth. Monthly trends for April were announced last weekend. Existing store sales increased 17.0% from the same month last year, and there was positive growth for 4 consecutive months. The growth rate has been at a high level since 23/2. In addition to the same 11.2% increase in the number of customers, the customer unit price also increased 4.5%. It seems that summer light clothing such as shirts, knitwear, and blouses has been doing well as the temperature has risen. Compared to other clothing specialty stores, the rate of increase in sales is at a high level.

＜2735＞ watts 712 +11

Significant continued growth. An upward revision of earnings for the fiscal year ending 23/8 was announced the day before. Operating profit was raised to 620 million yen from the previous forecast of 400 million yen. Existing 100 yen shop sales, which had been sluggish since January, have picked up more than expected since July, and sales of products other than 100 yen have been steady, contributing to cost rate reduction. There is no change in the forecast for a drastic decline in profit, but since it was drastically revised downward from 920 million yen to 400 million yen at the time of financial results for the 3rd quarter, positive surprises took precedence.

＜9983＞ First Lite 42110 +1290

Massive backlash. Monthly trends for April were announced last weekend. Existing store sales increased 18.9% from the same month last year, turning positive for the first time in 2 months. It's a 2-digit growth since 23/11. In addition to the same 6.8% increase in the number of customers, the customer unit price also increased by 11.3%. While the temperature remained high, actual demand matched the products launched, and sales were strong, mainly summer products. Stock prices were also sluggish after negative growth in existing stores in March, so the review movement intensified.

＜8860＞ Fuji Housing 786 +47

Massive backlash. Financial results for the fiscal year ending 2014/3 were announced last weekend, and operating profit was 7.264 billion yen, up 15.6% from the previous fiscal year, exceeding the previous forecast of 640 billion yen, and profit at each stage became the highest profit ever due to improvements in profitability that turned from a 5.7% decrease in the 3rd quarter forecast to an increase in profit. Operating profit for the fiscal year ending 25/3 is expected to grow at 740 billion yen, up 1.9% from the previous fiscal year.