Mimasu Semiconductor ＜8155＞: 3235 yen ca -
Stop buying at a high price. Shin-Etsu Chemical Co., Ltd., which is the largest shareholder, has announced that it will implement TOB and make it a wholly owned subsidiary. The company has expressed opinions in favor of TOB. The TOB price is 3700 yen, which is a 35.4% premium compared to the previous day's closing price, and the movement aimed at completely falling behind the TOB price intensified. TOB is scheduled to begin around the end of July, but it has not been officially decided that a certain period of time is required for necessary procedures and responses based on domestic and international competition laws.
MRO ＜3064＞: 1801.5 yen (-131 yen)
A sharp decline. Financial results for the first quarter were announced the day before, and operating profit was 8.9 billion yen, up 10.9% from the same period last year, which slightly exceeded market expectations. It seems that the effects of reducing SG&A expenses have progressed more than expected. Meanwhile, gross profit margin was 29.2%, down 0.8 points from the same period last year. The company's plans also seem to have gone downhill. It seems that the main reason is that orders from large companies have increased and the weight of PB has declined. Stock prices are currently in the high price range, and movements that negatively capture the decline in gross margin ratio prevail.
Fujitsu ＜6702＞: 2,390 yen (-92.5 yen)
The sharp decline continued. Financial results for the fiscal year ending 24/3 were announced the day before. Operating profit was 160.3 billion yen, down 52.2% from the previous fiscal year, significantly lower than the previous forecast of 250 billion yen. The downturn itself was an expected line, but structural reform cost recording for the January-March period also weighed heavily. The forecast for the fiscal year ending 25/3 is 330 billion yen, 2.1 times the same, which is almost the consensus level. It seems that the stance has changed since the bullish guidance disclosure. Implementation of company stock buybacks has also been announced in line with the mid-term shareholder return policy.
Keyence (6861): 68570 yen (+3990 yen)
Massive backlash. Financial results for the fiscal year ending 24/3 were announced the day before, and operating profit was 495 billion yen, down 0.8% from the previous fiscal year, and market expectations seem to have risen by just over 5 billion yen. The increase in personnel led to top-line growth, and the pace of sales growth expanded in the January-March fiscal year. The operating margin was also 52.1%, improving from 50.5% in the previous quarter. Although the outlook for the fiscal year ending 25/3 has not been disclosed as usual, the movement to evaluate current solid performance trends has taken the lead.
Shin-etsuka ＜4063＞: 5933 yen (-375 yen)
The sharp decline continued. Financial results for the fiscal year ending 2014/3 were announced the day before, and operating profit was 701 billion yen, down 29.8% from the previous fiscal year, and market expectations were lowered by about 30 billion yen. In addition to impairment records in the functional materials business, electronic materials, living environment basic materials, etc. are also falling short of expectations, respectively. The first quarter plan of 165 billion yen for the fiscal year ending 25/3 also seems to have lowered market consensus by about 20 billion yen. Both results and prospects are viewed negatively due to poor expectations. Note, there is a view that demand for silicon wafers bottomed out in the January-March fiscal year.
Social Wire＜3929＞: 293 yen (+37 yen)
Significantly higher. It has been announced that a capital and business alliance agreement will be concluded with Genie ＜6562＞. 5.736,200 Social Wire shares will be allocated to Genie through a third-party allotment of shares. After the transfer, Genie's voting rights ownership ratio was 49.0%, making it the largest shareholder. Approximately 1.29 billion yen of funds raised will be used for new function development investments and M&A expenses for the digital PR business. The business base of both companies will be expanded by preferentially introducing and arranging mutual provision services in sales activities, and striving to promote cross-selling to existing customers, etc.
QPS Research Institute ＜5595＞: 3435 yen (+135 yen)
Significant backlash. It has been announced that it has been selected as one of 2 large-scale technology demonstration projects of the Ministry of Land, Infrastructure, Transport and Tourism's “Small and Medium Business Innovation Creation Promotion Project (SBIR Phase 3)”. “Technology development contributing to advanced monitoring and observation of river management using next-generation equipment, etc.” (subsidies issued to the company are 88 million yen) and “technology development contributing to the advancement of road management monitoring/observation using next-generation equipment, etc.” (49 million yen). Both projects will run until March '28. The impact on business results for the fiscal year ending 25/5 onwards is under scrutiny.
MacBeeP＜7095＞: 13340 yen (+760 yen)
Significant backlash. It has been announced that 5/31 will be split at a ratio of 4 shares per share using 5/31 as the reference date. The purpose is to lower investment units, encourage market participation by a wide range of investors, and increase stock liquidity. Also, the number of tradable shares has increased due to the current stock split, and it is said that all formal requirements for market classification changes to the Tokyo Stock Exchange Prime Market will be satisfied. However, it is added that a change in the listed market classification is under consideration, and implementation is not guaranteed.