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Lear Gate Research Memo (2): Revitalizing and operating old small buildings as vintage properties for small offices.
■Company Overview 1. Company Overview Lear Gate <5532> is a Growth Tech company engaged in the FWP business, revitalizing old small buildings in the city center, mainly in the Shibuya area, into small offices and share offices. Since its founding in 2009, it has achieved continuous revenue growth for 15 consecutive terms. The corporate philosophy is to "bring value to the old, creativity to real estate, and freedom to work styles," and the company is working to realize this vision. The company has been led since its inception by a first-class architect with an overseas qualification.
Mitsui Chemicals, Hitachi, ETC [List of stock materials from the newspaper]
*ENEOS <5020> Group's JX Petroleum Extraction is increasing iodine production in anticipation of demand for perovskite (Nikkankogyo, front page) - ○ *Mitsui Chemicals <4183> is nurturing the medical field, aiming for core operating profit of over 10 billion yen by fiscal year 2030 (Nikkankogyo, front page) - ○ *Hitachi <6501> appoints Tokunaga as president, expanding digital and social infrastructure (Nikkankogyo, front page) - ○ *Hitachi <6501> new management structure focuses on solving social issues, introducing AI, and competing globally (Nikkankogyo, page 3) - ○ *Sumitomo Corporation <8053> industrial group in India.
Far East Trade Research Memo (7): Expecting expansion in the offshore wind power related business, a new venture (1)
The biggest highlight of the midterm management plan is new business (including M&A).
Rating [security companies rating]
Upgrade - Bullish Code: Securities companies' names before and after changes ----------------------------------------------- <2413> M3 UBS: Sell, Neutral <9983> First Retail JP Morgan: Neutral, Overweight <9021> JR West Japan SBI: Hold, Buy <1893> Go Yo Kenritsu Hana: Hold, Slightly Bullish Downgrade - Bearish Code
Seatrium: Signed Letter of Intent With Penta-Ocean Construction for Engineering Work
Three key points to focus on in the afternoon session - Toyota provides support despite volatile price movements.
In the afternoon trade on the 7th, attention should be paid to the following three points: - The Nikkei Average fell for the first time in 3 days, with rough price movements but supported by Toyota. - The dollar/yen pair is struggling to rise, while US interest rates remain firm. - The top contributors to the decline are Fujirite <9983>, followed by Tohoku Electric <8035>. The Nikkei Average fell for the first time in 3 days. It closed at 39,321.87 yen, down 158.80 yen from the previous day (-0.40%), with an approximate volume of 1.43 billion shares traded.
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