Yamada HD ＜9831＞: 432.6 yen (-17.5 yen)
A sharp decline. Financial results for the fiscal year ending 24/3 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.
Nintendo (7974): 7415 yen (-344 yen)
A sharp decline. Financial results for the fiscal year ended March 24 were announced the day before, and operating profit was 528.9 billion yen, up 4.9% from the previous fiscal year, and market expectations fell by about 10 billion yen. The fiscal year ending 25/3 is expected to be 400 billion yen, down 24.4% from the same period. The market consensus is below 90 billion yen. The reason behind the decline in market expectations is that a Nintendo Switch successor is not included. It is expected that the successor model will be announced during the fiscal year ending 25/3, but it seems that there will be no announcement on “Nintendo Direct,” which is scheduled to be distributed in June.
INSOURCE ＜6200＞: 974 yen (+150 yen)
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.
Charm Care ＜6062＞: 1,675 yen (+170 yen)
Significant continued growth. Financial 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, an increase of 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, it seems that 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.
Ricoh 7752:1282.5 yen (-97.5 yen)
A sharp decline. Financial results for the fiscal year ending 24/3 were announced the day before, and operating profit was 62 billion yen, down 21.2% from the previous fiscal year, and the company plan landed 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 corporate value improvement projects.
Nifty Life ＜4262＞: 1,048 yen (+26 yen)
Significant increase continued for 5 days. The operating profit forecast for the fiscal year ending 25/3 was announced at 958 million yen, up 2.6% from the previous fiscal year. In addition to expanding existing businesses centered on the real estate tech area, we will focus on new developments into surrounding areas. The annual dividend forecast is 18.00 yen, and dividends will be increased from the previous fiscal year (15.00 yen). Operating profit for the fiscal year ended March 24, which was announced at the same time, rose 63.4% to 933 million yen. In addition to the fact that the real estate tech sector etc. were strong, efforts to optimize customer attraction efficiency were successful.
Medical N ＜3645＞: 373 yen (+8 yen)
Significant backlash. It has been announced that the shareholder benefit system will be changed, and that the amount of Quocard presented to part of the holding period and number of shares held will be increased. The main purpose is to strengthen relationships with shareholders who continue to hold shares over the medium to long term. The reference date is 5/31. Quocard worth 2000 yen (previously 1500 yen) will be presented to shareholders holding 1000 shares or more with a holding period of 1 year to less than 3 years. Also, 2000 yen (same amount of 1500 yen) will be presented to shareholders holding 600 shares or more for a holding period of 3 years or more, and 5,000 yen (2000 yen worth) will be given to shareholders holding 1000 shares or more.
GREEN ENA ＜1436＞: 1,369 yen ca -
Stop buying at a high price. The announcement that the shareholder benefit program will be expanded from the end of October the day before continues to be viewed as buying material. The purpose is to increase the number of shareholders in line with the transition to a holding company structure. In addition to changing the preferential treatment period from “as of the end of April” to “as of the end of April and as of the end of October” twice a year, 30,000 yen worth of QUO cards (15,000 yen worth at the end of October, 15,000 yen worth at the end of April) will be presented for holding 300 shares or more. Conventionally, Quo Card Pay worth 1000-3000 yen was presented depending on the shares held.