“Chicago Nikkei Average Futures (CME)” (1 day)

SEP24

O 38740 (in dollars)

H 38920

L 36465

C 36895 large exchange ratio -1055 (evening ratio +185)

Vol 19309

SEP24

O 38725 (in yen)

H 38875

L 36420

C 36845 large exchange ratio -1105 (evening ratio +135)

Vol 43996

“American Depositary Receipts Overview (ADR)” (1 day)

In the ADR market, Japan Post Bank ＜7182＞, DISCO ＜6146＞, Renesas ＜6723＞, Tokyo Elec ＜8035＞, Advantest ＜6857＞, Japan Post ＜6178＞, Toyota Industries ＜6201＞, etc. fell in comparison with the Tokyo Stock Exchange (149.32 yen equivalent to 1 dollar), etc., and overall sales dominance.

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

7203 (TM.N) TOYOTA MOTOR CORPORATION 179.07 -14.48 2674 -25

8306 (MUFG.N) Mitsubishi UFJFG 11.05 -0.57 1650 -75.5

8035 (TOELY) Tokyo Elec 96.41 -8.74 28792 -1948

6758 (SONY.N) Sony 84.93 -3.66 12682 -403

9432 (NTTYY) NTT 25.57 -1.06 153 -2.8

8058 (MTSUY) Mitsubishi Corporation 20.38 -0.33 3043 -9

6501 (HTHIY) Hitachi 44.35 -1.55 3311 -152

9983 (FRCOY) Fast Lite 26.38 -1.22 39391 -1709

9984 (SFTBY) SoftBank G 27.34 -3.20 8165 -390

4063 (SHECY) Shin-Etsu Chemical 20.79 -1.38 6209 -277

8001 (ITOCY) ITOCHU Corporation 95.60 -6.70 7137 -257

8316 (SMFG.N) Sumitomo Mitsui FG 14.08 -0.40 10512 -368

8031 (MITSY) Mitsui & Co. 444.66 -16.69 3320 -79

6098 (RCRUY) Recruit HD 10.85 -0.55 8101 -330

4568 (DSNKY) Daiichi Sankyo 37.76 -3.19 5638 -162

9433 (KDDIY) KDDI 14.38 -0.62 4293 -96

7974 (NTDOY) Nintendo 13.21 -0.51 7890 -215

8766 (TKOMY) Tokio Marine HD 36.29 -3.09 5419 -199

7267 (HMC.N) Honda Motor 30.98 -1.32 1542 -33

2914 (JAPAY) Japan Tobacco 13.92 -0.68 4157 -89

6902 (DNZOY) Denso 14.92 -1.46 2228 -87.5

4519 (CHGCY) Chugai Pharmaceutical 20.99 -0.81 6268 -212

4661 (OLCLY) ORIENLAND 26.86 -1.42 4011 -93

8411 (MFG.N) Mizuho FG 4.51 -0.11 3367 -60

6367 (DKILY) Daikin Industries 13.68 -0.80 20427 -813

4502 (TAK.N) Takeda Pharmaceutical 13.85 -0.03 4136 -46

7741 (HOCPY) HOYA 122.22 -2.56 18250 -430

6503 (MIELY) Mitsubishi Electric 30.24 -2.76 2258 -109

6981 (MRAAY) Murata Manufacturing 10.24 -0.80 3058 -133

7751 (CAJPY) Canon 28.58 -2.50 4268 -132

6273 (SMCAY) SMC 23.27 -1.18 69494 -2986

7182 (JPPTY) Japan Post Bank 9.80 0.50 1463 -173.5

6146 (DSCSY) disco 29.70 -3.60 44348 -3362

3382 (SVNDY) 7 & i HD 11.84 -0.11 1768 -44

8053 (SSUMY) Sumitomo Corporation 23.41 -1.44 3496 -130

6702 (FJTSY) Fujitsu 17.24 -0.64 2574 -28.5

6201 (TYIDY) TOYOTA INDUSTRIES 75.50 -8.44 11274 -576

5108 (BRDCY) Bridgestone 19.47 -0.94 5815 -163

6178 (JPPY) Japan Post 10.00 0.00 1493 -77.5

8002 (MARUY) Marubeni 170.37 -16.24 2544 -73.5

6723 (RNECY) Renesas 7.49 -1.11 2237 -158

6954 (FANUY) FANUC 13.89 -0.92 4148 -168

8725 (MSADY) MS&AD Insi HD 22.05 -1.41 3293 -132

8801 (MTSFY) Mitsui Fudosan 28.60 -2.30 1424 -22.5

6301 (KMTUY) Komatsu Seisakusho 26.53 -1.94 3961 -131

4901 (FUJIY) FUJIFILM 11.07 -0.72 3306 -122

6594 (NJDCY) Nidec 10.80 -0.20 6451 -182

6857 (ATEYY) ADVANTEST 43.10 -0.80 6436 -427

4543 (TRUMY) Terumo 17.23 -0.61 2573 -113

8591 (IX.N) ORIX 112.66 -8.28 3364 -102

(Top 50 by market capitalization, converted to 149.32 yen per dollar)

“Top 5 ADR Growth Rate Stocks” (1 day)

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

4503 (ALPMY) Astellas Pharma 12.32 1840 126 7.35

5802 (SMTOY) Sumitomo Electric Industries 15.14 2261 41.5 1.87

9107 (KAIKY) Kawasaki Kisen 15.76 2353 31.5 1.36

9503 (KAEPY) Kansai Electric Power 8.52 2544 34 1.35

5401 (NPSCY) Nippon Steel 7.15 3203 11 0.34

“Top 5 ADR depreciation rate stocks” (1 day)

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

8750 (DLICY) Dai-ichi Life HD 26.60 3972 -520 -11.58

7182 (JPPTY) Japan Post Bank 9.80 1463 -173.5 -10.60

8830 (MITEY) Sumitomo Real Estate 14.00 4181 -364 -8.01

6146 (DSCSY) disco 29.70 44348 -3362 -7.05

6723 (RNECY) Renesas 7.49 2237 -158 -6.60

“US Stock Market Overview” (1 day)

NYDOW

Closing price: 40347.97 YoY: -494.82

Opening Price: 40916.96 High Price: 41096.66 Low Price: 40098.57

Year-to-date high: 41198.08 year-to-date low: 37266.67

Previous year high: 37710.10 Previous year low price: 31819.14

Nasdaq

Closing price: 17194.15 YoY: -405.26

Opening Price: 17647.03 High Price: 17791.59 Low Price: 17051.42

Year-to-date high: 18647.45 year-to-date low: 14510.30

Previous year high: 15099.18 Previous year low price: 10305.24

S&P 500

Closing price: 5446.68 YoY: -75.62

Opening Price: 5537.84 High Price: 5566.16 Low Price: 5410.42

Year-to-date high: 5667.20 year-to-date low: 4688.68

Previous year high: 4783.35 Previous year low price: 3808.10

US 30-year Treasury Bonds 4.277% US 10-Year Treasury Bonds 3.977%

The US stock market fell sharply. The Dow average closed at 40,347.97 dollars, which depreciated 494.82 dollars, and the NASDAQ fell 405.26 points at 17,194.14.

Purchases in response to expectations of interest rate cuts continued, and after getting close, they rose. After that, the number of unemployment insurance claims reached a high level for the first time in 1 year, and sales that were wary of rapid economic deterioration accelerated, such as an unexpected decline in the ISM manufacturing business climate index, and the market price began to decline. The sense of caution ahead of major high-tech enterprise financial results also weighed in, and the market price remained soft throughout the day, and the decline widened until the end of the game, and it ended. By sector, while household and personal goods rose, semiconductors and manufacturing equipment declined.

Pharmaceutical company Eli Lilly (LLY) rose as it became clear that the company's obesity treatment drug “Zepp Bound” reduces the risk of heart failure related to obesity. Cabana (CVNA), which operates an online used car sales platform, recorded an unexpected surplus due to an increase in used car sales, and rose. The hamburger shop chain Shake Shack (SHAK) had financial results for the second quarter, and sales and forecasts exceeded expectations and rose.

Meta Platforms (META), which operates the social media Facebook (FB), continues to buy in response to the good financial results announced after closing yesterday. Meanwhile, Bio Moderna (MRNA) declined due to sluggish vaccine sales in Europe, and they were disgusted by the fact that the earnings forecast was revised downward.

The semiconductor Intel (INTC) announced quarterly financial results after the transaction ended, sales forecasts fell below expectations, and it was announced that dividends would be suspended, and it was sold in overtime transactions. The outlook for online retail Amazon (AMZN) is lower than expected, and it is still selling. The mobile terminal Apple (AAPL) was bought because its profit per share exceeded expectations.

(Horiko Capital Management LLC)