“Chicago Nikkei Average Futures (CME)” (8th)

JUN24

O 38720 (in dollars)

H 38785

L 38180

C 38445 large margin +235 (evening ratio +65)

Vol 6693

JUN24

O 38700 (in yen)

H 38765

L 38155

C 38425 large margin +215 (evening ratio +45)

Vol 24836

“American Depositary Receipts Overview (ADR)” (8th)

In the ADR market, Omron ＜6645＞, ORIX ＜8591＞, Mitsui Trust ＜8309＞, Shiseido ＜4911＞, ANA ＜9202＞, Mitsubishi UFJ ＜8306＞, AGC ＜5201＞, etc. rose in comparison with the Tokyo Stock Exchange (155.48 yen equivalent to 1 dollar), etc., and the general buying advantage.

Code stock name closing price compared to previous day Japanese yen conversion price Japanese closing price ratio

7203 (TM) TOYOTA 231.78 0.52 3604 25

8306 (MUFG) Mitsubishi UFJ 10.11 -0.05 1572 21

9432 (NTTYY) NTT 27.02 -0.28 168 -0.1

6758 (SONY) Sony G 78.35 -3.30 12182 132

9983 (FRCOY) Fast Retay 26.50 -0.61 41202 42

9984 (SFTBY) SoftBank G 25.64 -0.37 7973 32

6954 (FANUY) FANUC 14.76 -0.40 4588 10

8316 (SMFG) Sumitomo Mitsui 11.44 -0.10 8893 92

8031 (MITSY) Mitsui Mono 992.02 -7.42 7712 72

8001 (ITOCY) ITOCHU 92.00 -3.53 7152 55

8766 (TKOMY) Tokio Marine HD 32.02 -0.66 4978 38

7974 (NTDOY) Nintendo 11.76 -0.64 7314 -23

7267 (HMC) Honda 33.88 -0.45 1756 6

6902 (DNZOY) Denso 17.04 -0.08 2649 6.5

8411 (MFG) Mizuho FG 3.90 0.00 3032 36.5

7741 (HOCPY) HOYA 117.26 -1.00 18232 57

6503 (MIELY) Mitsubishi Electric 36.45 -0.31 2834 17.5

8053 (SSUMY) Sumitomo Corporation 27.13 -0.47 4218 38

5108 (BRDCY) Bridgestone 22.01 -0.10 6844 38

6702 (FJTSY) Fujitsu 15.04 -0.72 2338 8

8002 (MARUY) Marubeni 186.66 -1.48 2902 25

6723 (RNECY) Renesas 8.15 -0.22 2534 12.5

6301 (KMTUY) Komatsu 29.83 -0.12 4638 47

4901 (FUJIY) FUJIFILM 11.13 -0.08 3461 6

8591 (IX) oryx 105.95 0.88 3295 72

8802 (MITEY) Ryojisho 18.53 -0.41 2882 11

2802 (AJINY) Ajinomoto 37.21 -0.81 5785 33

8267 (AONNY) ion 20.92 -0.04 3253 2

8604 (NMR) Nomura HD 5.80 -0.18 902 6.2

1925 (DWAHY) Daiwa House 27.76 -0.56 4317 19

6762 (TTDKY) TDK 45.95 -0.60 7144 51

7270 (FUJHY) SUBARU 10.74 -0.17 3341 14

9735 (SOMLY) SECOM 16.97 -0.23 10554 -26

1928 (SKHSY) Sekisui House 23.46 -0.47 3648 25

8309 (SUTNY) Mitsui Trust 4.17 -0.04 3242 48

7201 (NSANY) Nissan 7.38 -0.07 574 2.8

2503 (KNBWY) giraffe 14.42 -0.27 2242 15

5802 (SMTOY) Sumitomo Electric 15.36 -0.23 2388 -9

6988 (NDEKY) Nittoden 41.02 -0.26 12756 -4

4911 (SSDOY) Shiseido 28.05 0.02 4361 64

1812 (KAJMY) Kashima 18.92 -0.54 2941 0

3407 (AHKSY) Asahi Kasei 14.07 -0.15 1094 -1.5

7202 (ISUZY) ISUZU 12.34 -0.26 1919 -1

9202 (ALNPY) ANA 3.87 -0.16 3009 41.5

6586 (MKTAY) Makita 29.37 0.06 4567 2

7912 (DNPLY) Dainichi Seal 14.72 0.07 4577 4

6361 (EBCOY) Ebara 43.46 0.10 13514 19

6645 (OMRNY) OMRON 38.66 1.99 6011 366

3402 (TRYIY) Toray 8.99 -0.20 699 -10.6

5201 (ASGLY) AGC 6.83 -0.61 5310 66

(Top 50 by market capitalization, converted to 155.48 yen per dollar)

“Top 5 ADR Growth Rate Stocks” (8th)

Code stock name closing price Japanese yen conversion price Japanese closing price ratio (%)

6645 (OMRNY) OMRON 38.66 6011 366 6.48

6770 (APELY) Alps 20.36 1583 54 3.53

8591 (IX) oryx 105.95 3295 72 2.23

8309 (SUTNY) Mitsui Trust 4.17 3242 48 1.50

4911 (SSDOY) Shiseido 28.05 4361 64 1.49

“Top 5 ADR Decline Rate Stocks” (8th)

Code stock name closing price Japanese yen conversion price Japanese closing price ratio (%)

6753 (SHCAY) sharp 1.32 821 -31.6 -3.71

7752 (RICOY) Ricoh 8.07 1254 -41 -3.17

6952 (CSIOY) Casio 83.60 1300 -20 -1.52

6976 (TYOYY) photovoltaic 92.31 3588 -55 -1.51

3402 (TRYIY) Toray 8.99 699 -10.6 -1.49

“US Stock Market Overview” (8th)

NYDOW

Closing price: 39056.39 compared to the previous day: 172.13

Opening Price: 38818.90 High Price: 39094.74 Low Price: 38814.99

Year-to-date high: 39807.37 year-to-date low: 37266.67

Previous year high: 37710.10 Previous year low price: 31819.14

Nasdaq

Closing price: 16302.76 YoY: -29.80

Opening Price: 16226.07 High Price: 16341.65 Low Price: 16226.07

Year-to-date high: 16442.20 year-to-date low: 14510.30

Previous year high: 15099.18 Previous year low price: 10305.24

S&P 500

Closing price: 5187.67 compared to the previous day: -0.03

Opening Price: 5168.98 High Price: 5191.95 Low Price: 5165.86

Year-to-date high: 5254.35 year-to-date low: 4688.68

Previous year high: 4783.35 Previous year low price: 3808.10

US 30-year government bonds 4.639% US 10-year government bonds 4.494%

The US stock market is mixed. The Dow average rose 172.13 dollars to 39,056.39 dollars, and the NASDAQ closed at 16,302.76, down 29.80 points.

Interest rate cuts were sold to postpone observation, and then fell after being close to each other. The Dow turned upward, supported by purchases in the financial sector from the push, and purchases expecting a good economy. Following President Kashkari of the Minneapolis Federal Reserve Bank, the rise in long-term interest rates against the backdrop of the fact that President Collins of the Boston Federal Reserve also mentioned the possibility that it would take longer than expected to achieve inflation targets became heavy, and the rise in high-tech was suppressed, and it remained soft throughout the day. The Dow expanded its gains towards the end of the game, but the NASDAQ was unable to recover the positive zone and ended with mixed results. By sector, while banks rose, automobiles and auto parts fell.

The price cut for the mobile terminal Apple (AAPL) was successful, and it was reported that sales of foreign-made smartphones, where iPhones account for the majority, increased by 12% in China in March, and rose. Sales of Reddit (RDDT), which provides a social network platform, exceeded expectations in quarterly financial results announced for the first time after listing, and rose. The ride-hailing service Uber Technologies (UBER) fell below expectations due to the impact of the fact that holidays such as Easter and Ramadan this year began earlier than usual due to the effects of the first quarter financial results.

Electric vehicle manufacturer Tesla (TSLA) was sold in response to reports that the prosecution authorities were investigating the possibility of misleading investors and consumers over the company's autonomous driving function. Losses of the online travel search service Trip Advisor (TRIP) expanded more than expected due to quarterly financial results, and the withdrawal of sales plans was disgusted and declined. The semiconductor Intel (INTC) was notified by the Ministry of Commerce that it would cancel several export licenses to Chinese customers, and then the sense of disappointment intensified in response to the sales forecast for the second quarter, which was reviewed.

Airbnb (ABNB), which operates a travel information and reservation site, announced quarterly financial results after the transaction ended. Earnings per share fell short of expectations, but forecasts fell short of expectations, and they are being sold in overtime trading.

(Horiko Capital Management LLC)