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Riken Keiki Co., Ltd. Reports Mixed Financial Results Amid Operational Challenges
RIKEN KEIKI: Summary of Financial Results for the 3rd Quarter Ending March 31, 2025 [Japanese GAAP] (Consolidated)
Riken Keiki Co Sees FY Net Y9.00B
<Today's materials and key stocks> The USA has restarted LNG export permits - marking related stocks.
The Trump administration is reported to have resumed the review of export permits for LNG (Liquefied Natural Gas). This had been frozen under the Biden administration, but there are plans to increase fossil fuel production in order to expand Energy exports. Companies operating LNG vessels include Mitsui O.S.K. Lines <9104.T>, Nippon Yusen <9101.T>, and Kawasaki Kisen <9107.T>, along with Meisyo Construction <1976.T> which is involved in LNG shipping base construction, and shale gas-related companies like Kurihara <4023.T>, Tohoku Steel <6309.T>, Kreyama HD <3355.T>, and Rikeiki.
The Nikkei index surged by 451 points, marking a significant rebound, while trading was cautious ahead of the U.S. presidential inauguration, with the Main Board trading volume being the lowest this year as of the afternoon of the 20th.
On the 20th, during the afternoon session, the Nikkei average rose significantly by 451.04 yen to 38,902.50 yen compared to last week's closing. The TOPIX (Tokyo Stock Price Index) also saw a large increase of 31.85 points, reaching 2,711.27 points for the first time in three days. This was supported by rebounds in the NY Dow and Nasdaq Composite Index in the US stock market on the 17th, coupled with a shift towards a weaker yen compared to last week's levels, which led to a surge in buying of Japanese stocks. Amidst strong market movements, the Nikkei average reached 581 at 10:40 AM.
List of stocks breaking through the cloud (weekly chart) (Part 3)
List of stocks that broke below the cloud market Code Stock Name Closing Price Leading Span A Leading Span B Tokyo Main Board <5933> Alinco 1030 1091.25 1052.5 <5957> Nitto Seiko 589635.75 619.5 <5988> Paiolax 23662372.5 2443.5 <6036> Keeper Giken 4425460 5397.5 <6143> Sodick 721733.57