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Japan Machinery Orders Decline 2.9% in September
Okuma: Confirmation letter
Okuma: Half-Year Report - Term 161 (2024/04/01 - 2025/03/31)
DMG Mori Seiki, Toyota Tsusho, etc.
*DMG Mori Seiki <6141> to reorganize production in Nagaoka City, Niigata, accelerating group collaboration (Nikkan Kogyo front page) - ○ *Nissei Resin Industry <6293> to enhance large dkm injection machine production in US factory, accommodating 3000-ton class machines (Nikkan Kogyo page 3) - ○ *Konica Minolta <4902> to sell US subsidiary focusing on genetic testing, concentrating resources on functional materials, etc (Nikkan Kogyo page 3) - ○ *Lion <4912> Executive Officer, Norihiko Nakabayashi, imparts digital skills to all employees (Nikkan Kogyo page 3) - ○ *nidec corporation sponsored adr <6594>
Kinoden, Sekisui Chemical, etc. (additional) Rating
Upgrade - Bullish Code Stock Name Securities Company Previous After Change ----------------------------- <9009> Keisei Morgan S "Under W" "Equal W" Downgrade - Bearish Code Stock Name Securities Company Previous After Change ----------------------------- <7731> nikon corp spons
Canon Inc-spons adr, 3Q operating profit increased by 14.4% to 296.6 billion yen.
Canon Inc-spons adr <7751> announced its third quarter financial results for the fiscal year ending December 2024, with revenue increasing by 7.3% year-on-year to 3 trillion 236.1 billion 11 million yen, and operating profit increasing by 14.4% to 296.6 billion 38 million yen. The gross profit margin increased to 47.8%, surpassing the same period last year by 0.8 points, due to cost reductions and improvements in product mix, with gross profit also increasing by 7.1% year-on-year to 516.4 billion yen. Positive evaluation for Takeda Pharmaceutical Co., Ltd. <4502> in the mid-term and Sony Corporation <7735>.
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