Beihai Electric has surged, revising upward its profit Financial Estimates for the fiscal year ending in March 2025, with a reduction in the extent of the profit decline.

Hokkaido Electric Utilities <9509.T> surged sharply, at one point rising 42.1 yen to 694 yen. After the market close on the 24th, the consolidated profit Financial Estimates for the fiscal year ending March 2025 were revised upward, which was positively received. While the revenue projection for the fiscal year ending March 2025 was lowered from 907 billion yen to 902 billion yen (a 5.4% decrease compared to the previous period), the ordinary profit was revised from 43 billion yen to 64 billion yen (a 26.7% decrease compared to the previous period), indicating a reduction in the extent of profit decline. It is anticipated that the retail sales volume of electricity will decrease.

Kabushiki Shimbun08:54

April 25 [Today's Investment Strategy]

[Fisco Selected Stocks]【Material Stocks】Chiyoda <8185> 1159 yen (4/24) operates shoe retail brands such as 'Shoe Plaza', 'Tokyo Shoe Distribution Center', and 'Chiyoda Shoes'. It was announced that a Share Buyback amounting to 1.9 million shares, equivalent to 5.40% of the total issued shares, with a monetary limit of 1.5 billion yen will be implemented. The acquisition period is from May 1, 2025, to September 30, 2025. All acquired shares will be retired on October 31, 2025. This is part of the implementation of a flexible capital policy to respond to changes in the management environment and capital.

Fisco Japan08:10

Attention is focused on Fujitsu and Chiyoda, while Nissan Motor and Canon Inc-Spons Adr may be weak.

In the US stock market on the 24th, the Dow Jones Industrial Average rose by 486.83 points to 40,093.40, the Nasdaq Composite Index increased by 457.99 points to 17,166.04, and the Chicago Nikkei 225 Futures rose by 540 yen compared to Osaka during the day, reaching 35,570 yen. The exchange rate is 1 dollar = 142.60-70 yen. Today in the Tokyo market, Fujitsu <6702> announced a share buyback of up to 6.75% of the outstanding shares, with operating profit expected to increase by 77.5% from the previous term and by 35.8% for the current term.

Fisco Japan07:15

<Today's individual materials> CAP, Asahi Diamond, Nissan Motor, Exedy ETC (announced on the 24th)

CAP <3965.T> has revised its consolidated financial estimates upward for the cumulative second quarter of the fiscal year ending September 2025 (from October 2024 to March 2025). Asahi Dai <6140.T> has established a joint venture with Tokyo Precision <7729.T> for the development, manufacturing, and sales of Car Rim Blades. Nissan Motor <7201.T> has lowered its consolidated profit and loss estimates for the fiscal year ending March 2025, with its final deficit significantly expanding from previous estimates. Exedy <7278.T> predicts a double-digit decline in operating profit for the fiscal year ending March 2026. Fujiya <221>

Kabushiki Shimbun06:48

Express News | Hokkaido Electric Power -Revises 2024/25 Group Net Forecast to Profit 64.00 Bln Yen From Profit 47.00 Bln Yen (+36.2%)

BreakingsApr 24 14:30

Hokkaido Electric Power: Revision of the 2024 consolidated earnings forecast

JPXApr 24 14:30 · Announcements