Ariake, Kuriyama HD, ETC (additional) Rating

Downgrade - Bearish Code Stock Name Brokerage Firm Previous After ------------------------------------------------------------- <2267> Yakult Morgan Stanley "Equal W" "Under W" <2810> House Food Group Mizuho "Buy" "Hold" Target Price Change Code Stock Name Brokerage Firm Previous After ----------------------------------------------

Fisco JapanMar 24 10:32

Rating information (investment determination changes - part 1) = Nissui, House Foods Group, etc.

◎Nomura Securities (3-tiered: Buy > Neutral > Reduce) Nissui <1332.T> -- Initiated "Buy", 1200 yen Nippon Ham <2282.T> -- Resumed "Buy", 6000 yen Fuji Oil Group <2607.T> -- Resumed "Buy", 3500 yen Kikkoman <2801.T> -- Resumed "Buy", 1800 yen Nichirei <2871.T> -- Resumed "Buy", 4200 yen Nisshin Seifun Group <2002.T> -- Resumed "Neutral", 2000 yen Yamazaki Baking <221

Kabushiki ShimbunMar 24 08:46

<Rating change observation> Upgraded new ratings for Nissui / FUJIMI, downgraded Kakaku.com, etc.

◎ New and resumed coverage of Nissui <1332.T> --- Major domestic companies ranked at the top three levels --- Resumed coverage of Nippon Ham <2282.T> --- Major domestic companies ranked at the top three levels --- Resumed coverage of Fuji Oil Group <2607.T> --- Major domestic companies ranked at the top three levels --- Resumed coverage of Kikkoman <2801.T> --- Major domestic companies ranked at the top three levels --- Resumed coverage of Nichirei <2871.T> --- Major domestic companies ranked at the top three levels --- Resumed coverage of Nissin Food Holdings <2002.T> --- Major domestic companies ranked at the top three levels.

Kabushiki ShimbunMar 24 07:43

Nomura Starts Kikkoman Coverage With Buy, Sets JPY1,800 Target

InvestingMar 23 23:44

Stock News Premium = Due to US-China trade friction, soybean prices have fallen, benefiting the processing manufacturers.

In response to the USA's tariff increase on Chinese products, China has enacted a retaliatory measure imposing an additional tax of up to 15% on USA farm products, ETC. This has led to a decline in international market conditions, and some food companies may benefit from lower production costs. <Softening futures due to retaliatory tariffs> On the 10th, China introduced additional tariffs on 740 items including soybeans, cotton, and corn imported from the USA. Tariffs on wheat and corn have increased by 15%, while those on soybeans and pork have increased by 10%. There is a heightened sense of caution regarding trade friction.

Kabushiki ShimbunMar 13 15:12

List of convertible stocks (Part 1) [List of Parabolic Signal convertible stocks]

○ List of stocks for Buy conversion Market Code Brand Name Last Price SAR Main Board <1414> ShoBond 4822 4655 <1726> Br. HD 345339 <2801> Kikkoman 14631420 <2929> Pharma F 902850 <2933> Kewpie Foods 10721032 <3064> MRO 26372386 <3193> Eternal G 26942368 <3649> Index Fine 70

Fisco JapanMar 12 07:00