Tokyo Electric Power Company HD, Toyota Tsusho ETC.

*Tokyo Electric Power HD <9501> reduces L basic fees, to be revised next fiscal year, to prevent customer attrition (Nikkai Industrial, front page) -○ *Aida Engineering <6118> will launch square battery case molding machines next month, halving the number of processes (Nikkai Industrial, front page) -○ *Sojitz <2768> acquires Japan A&L, entering the Lithium Battery material manufacturing sector (Nikkai Industrial, page 4) -○ *Toyoda Trading <8015> acquires a Mitsui & Co. food trading company, strengthening the rice sector (Nikkai Industrial, page 4) -○ *Toyota Motor <7203> consolidates the "Corolla" HV, partially modifying three models.

Fisco Japan07:25

The strong yen in the foreign exchange market is a burden. [Closing]

The Nikkei average continued to decline, ending trading at 37,755.51 yen, down 372.62 yen (estimated Volume 2 billion 20 million shares). Profit-taking Sell orders took the lead, starting below the threshold of 38,000 yen, and shortly after the start of the afternoon session, it dropped to 37,633.36 yen. The yen also strengthened to the mid-145 yen range against the dollar, becoming a factor of caution, which burdened export-related stocks such as Toyota <7203>. However, in the context of falling stock price levels, Buy orders were observed from those who were late to buy on dips.

Fisco JapanMay 15 15:31

Haseko, Matsukiyo Cocokara, etc. (additional) Rating

Target Price Change Code Stock Name Securities Company Previous Change After ------------------------------------------------------ <1808> Haseko Nomura 1880 yen 2030 yen <3088> Matsukiyo Cocokara Mizuho 3400 yen 3700 yen <3391> Tsuruha HD Morgan Stanley 9600 yen 10900 yen <3626> TIS SMBC Nikko 3200 yen 3800 yen <4449> Giftie GS 2200 yen 2400 yen <45

Fisco JapanMay 15 10:46

May 15th [Today's Investment Strategy]

[Fisco Selected Stocks]【Material Stocks】Shimizu Corporation <1803> 1,523 yen (5/14) announced its financial results for the fiscal year ending March 2025. The operating profit was 71 billion yen. The previous Financial Estimates were raised from 56 billion yen to 71 billion yen on April 25. The previous fiscal year had a loss of 24.6 billion yen. The profitability of domestic construction projects has improved, and the gross profit from completed projects has increased. The operating profit for the fiscal year ending March 2026 is estimated to be 78 billion yen (a 9.8% increase compared to the previous period). At the same time, a Share Buyback of up to 1.32% of the outstanding Stocks was also announced.

Fisco JapanMay 15 08:02

Tech stocks are perceived as a support.

[Stocks Opening Comment] The Japanese stock market on the 15th is expected to start with selling pressure, but afterward, a sense of resilience is likely to be observed. In the US market on the 14th, the Dow Jones Industrial Average fell by 89 points, while the Nasdaq rose by 136 points. Buying, driven by expectations of easing US-China trade friction, began the day, but thereafter, concerns over the retreat of expectations for interest rate cuts within the year and the rise in US long-term interest rates led to selling aimed at adjusting positions, particularly in economically sensitive stocks. On the other hand, NVIDIA continues to show strong movements for consecutive days.

Fisco JapanMay 15 07:31

Attention is focused on Aozora and Kyocera Corporation Sponsored ADR, while Rakuten and Mitsubishi Motors may be weak.

In the US stock market on the 14th, the Dow Jones Industrial Average fell by $89.37 to 42,051.06, the Nasdaq Composite Index rose by 136.73 points to 19,146.81, and the Chicago Nikkei 225 Futures decreased by 420 yen from Osaka day's comparison to 37,720 yen. The exchange rate is 1 dollar = 146.60-70 yen. In today's Tokyo market, Tokai Carbon <5301> posted an operating profit that doubled compared to the same period last year, while Cybozu <4776> saw a 99.4% increase in its operating profit for the first quarter.

Fisco JapanMay 15 07:15