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Maruichi plans to increase the price of Steel pipes starting from the April shipment.
Marui Pipe <5463.T> announced on the 7th of the previous week that they would increase prices for steel pipes starting from April shipments. Due to the recent labor shortages, rising costs associated with inflation, and the soaring delivery costs, Electricity, and rising auxiliary material costs, the company has made various efforts towards reviewing production systems, streamlining operations, and improving efficiency. However, it has determined that these self-improvement efforts have greatly exceeded the limits of what can be absorbed, and thus decided to implement price increases starting in April for all products, STKM, STKMR, STK, SGP, STP.
List of stocks breaking through clouds (weekly) (part 2)
○ List of stocks that broke through the cloud in the market Code Stock Name Closing Price Leading Span A Leading Span B Tokyo Main Board <1870> Yahagi Construction 1273 1540 1464.5 <1879> Shin-Nihon Construction 1400 1489.5 1407.5 <1890> Toyo Construction 1310 1389 1312.5 <1946> Toa Enecco 985 1012 1012 <1979> Taikisha 4600 4770 4717.5 <247
Rating information (Target Price change - part 1) = Shimizu Corporation, Osaka Titanium, ETC.
Nomura Securities (three-tier: Buy > Neutral > Reduce) Shimizu Corporation <1803.T> -- "Buy" → "Buy", 1,450 yen → 1,710 yen. Kajima Corporation <1812.T> -- "Buy" → "Buy", 3,350 yen → 3,750 yen. Sumitomo Osaka Cement <5232.T> -- "Buy" → "Buy", 4,060 yen → 4,170 yen. Taiheiyo Cement <5233.T> -- "Buy" → "Buy", 4,530 yen → 4,570 yen. NGK Insulators <5333.T> -- "Buy" → "Buy", 23.
<Individual Stock Trends> Mariichi Pipe, Elan, Habix, Omron, Innotech = 12 days before the market.
Maruichi Pipe <5463.T> - Continues to sell part of its investment securities and upwardly revises the Financial Estimates for consolidated net profit for the fiscal year ending March 2025. Elan <6099.T> - Expects significant profit growth for the fiscal year ending December 2025 and plans to increase the year-end total Dividends estimate to 15 yen (previous period's result was 13 yen). Habix <3895.T> - Raises Financial Estimates for consolidated profit for the fiscal year ending March 2025. Omron <6645.T> - Consolidated financial results (in accordance with USA accounting standards) for the cumulative third quarter of the fiscal year ending March 2025 (April-December 2024) show net.
Maruichi Steel Tube's Nine-Month Profit Plunges 45% in Fiscal Nine Months
<Today's individual materials> Nomura Micro, Teikoku Electric, Mercuria, Sanwa Oil Chemical, ETC (announced on the 10th).
▽Nomura Micro <6254.T>, upwardly revised the consolidated financial estimates for the fiscal year ending March 2025. ▽Teikoku Electric <6333.T>, raised the consolidated financial estimates for the fiscal year ending March 2025 and increased the end-of-term Dividends forecast from the previous 41 yen to 55 yen (previous period result 46 yen). ▽Mercuria <7347.T>, downwardly revised the consolidated financial estimates for the fiscal year ending December 2024. ▽Sanwa Yuka <4125.T>, lowered the consolidated financial estimates for the fiscal year ending March 2025. ▽Furukawa Machinery <5715.T>, forecasted a consolidated operating profit of 8.2 billion yen for the fiscal year ending March 2025.