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World---significantly surging, Mitsubishi Corporation fully subsidiary company
Significant continued growth. It has been announced that Mitsubishi Corporation will fully acquire its subsidiary clothing company, Mitsubishi Corporation Fashion. The acquisition of all shares is expected to be for 9.3 billion yen. In the previous term, Mitsubishi Corporation Fashion's revenue was 91.9 billion yen, and net profit was 2.2 billion yen, indicating a form of short-term business expansion. Also, Mitsubishi Corporation Fashion supplies products such as clothing, miscellaneous goods, and shoes to clothing companies through OEM, and it seems that synergy effects such as expansion of sales routes and strengthening of proposal capabilities are also anticipated.
November 29th [Today's Investment Strategy]
[Fisco Selected Stocks]【Material Stocks】Goodcom Asset <3475> 786 yen (11/28) is engaged in planning, development, and sale of condominiums in the metropolitan area comprising one city and three prefectures. The profit forecast for the fiscal year ending October 2024 has been revised upward. The operating profit is expected to be 5.451 billion yen (2.5 times compared to the previous period). Although revisions to the sales strategy and other factors have led to a downward adjustment in revenue, the stock income from high-margin lear real estate management has increased. At the same time, the dividend policy was changed, targeting a dividend payout ratio of 35% (previously...
The desire to buy on dips is strong at the point of falling below 38,000 yen.
The Nikkei average rebounded for the first time in 3 days. It closed at 38,349.06 yen, up 214.09 yen (trading volume approximately 1.680 billion shares). Selling led the way at the start, reflecting the decline in US stocks the previous day, dropping to 37,801.62 yen shortly after the start of trading. Later, triggered by reports from US media that "US semiconductor regulations on China will not be stricter than before," buying increased centered on tech stocks, turning positive. Towards the latter half of the afternoon session, the gains widened.
Panasonic HD, Toyota, etc.
*Panasonic HD <6752> to enter the North American water heater business in collaboration with a U.S. distributor (Nikkei Industrial, page 3) - ○ *mitsubishi electric corp. unsponsored adr <6503> reveals the 'Michibiki' No. 6 satellite, scheduled for launch into space within the fiscal year (Nikkei Industrial, page 3) - ○ *Sumitomo Corporation <8053> considering investment in Yokado, expecting synergies in the metropolitan area (Nikkei Industrial, page 3) - ○ *Matsuya <8237> integrating physical stores with digital, expanding product lineup, attracting younger demographics (Nikkei Industrial, page 4) - ○ *Itochu <8001> forms capital partnership with a startup for emission management, supporting decarbonization with a new business.
SoftBank Group aims to acquire shares from OpenAI employees.
[Generating AI] Softbank Group <9984> is reportedly aiming to increase its investment ratio by acquiring up to $1.5 billion (approximately 230 billion yen) worth of shares from employees of the US OpenAI, as multiple sources have revealed. It is reported that Softbank Group's offer for share acquisition is expected to close within the week. <6702> Fujitsu <7046> TDSE <4011> Headwaters.
Trump's tariff stick shocks the market, General Motors falls 9%, how do Ford and others escape it?
Trump's tariff policies impact the North American auto industry, general motors' stock prices plummet, while Ford's 'made in the usa' global strategy has less effect.