M3, Coca BJH, etc. (additional) Rating

Upgraded - Bullish Code Stock Name Brokerage Firm Previous After Change --------------------------------------------------- <3436> SUMCO SMBC Nikko "2" "1" <5947> Rinnai Mizuho "Hold" "Buy" <9983> Fast Retailing SMBC Nikko "2" "1" Downgraded - Bearish Code Stock Name Brokerage Firm Previous After Change -------------------------------------

Fisco Japan11:30

March 10th [Today's Investment Strategy]

[Fisco Selected Stocks]【Material Stocks】First Juken <8917> 1035 yen (3/7) Single-family homes are the mainstay. The first-quarter financial results have been announced. Operating profit is 0.41 billion yen (up 41.5% year-on-year). With the addition of KHC, which sells high-value-added custom-built residences, to the group in October 2024, revenue increased by 20.1% compared to the same period last year, expanding the size of the group and improving profit margins. The operating profit for the fiscal year ending July 2025 is projected to be 2.85 billion yen (up 55.9% from the previous period).

Fisco Japan07:39

Strong performance, with dip buying favored due to the rise in US stocks.

[Emerging Markets Individual Stock Strategy] Today's emerging markets are expected to show a robust performance. Last weekend, on the 7th, the U.S. stock market saw the Dow Inc average rise by 222.64 dollars (+0.52%) to 42,801.72 dollars. Employment Statistics indicated some signs of a slowdown in employment, raising concerns about growth that weighed on stock prices. On the other hand, Federal Reserve Chair Powell reaffirmed in a speech that there are no issues with the economy and confirmed a stance of keeping policies steady for the time being, which supported the stock prices and expanded the gains towards the end of the session.

Fisco Japan07:20

Pay attention to Nichiju and Netsuren, while Eternal G and others are showing weak trends.

In the US stock market last weekend on the 7th, the Dow Jones Industrial Average rose by $222.64 to 42,801.72, the Nasdaq Composite Index increased by 126.96 points to 18,196.22, and the Chicago Nikkei 225 Futures rose by 500 yen compared to the Osaka day session, reaching 37,270 yen. The exchange rate was 1 dollar = 147.80-90 yen. In today's Tokyo market, Dai Nichiju announced an upward revision of its Financial Estimates and Dividends for the fiscal year ending in July 2025 and began preparations for a subsidiary listing. Netsuren announced a share buyback of 7.12% of its outstanding shares.

Fisco Japan07:15

List of stocks breaking through clouds (weekly) (part 2)

○ List of stocks that have broken above the cloud market Code Stock Name Closing Price Leading Span A Leading Span B Tokyo Stock Exchange Main Board ＜7003＞ Mitsui E&S 1823 1471.25 1649.5 ＜7294＞ Yorozu 1104 1063.25 1010.5 ＜7522＞ Watami 1065 901.25 1022.5 ＜7596＞ Uo Riki 2460 2431.5 2376.5 ＜7605＞ Fuji Corporation 2088 2019.2

Fisco Japan07:01

List of cloud break stocks (Part 2) [Ichimoku Kinko Hyo - List of cloud break stocks]

○ List of stocks below the cloud in the market Code Stock Name Closing Price Leading Span A Leading Span B Tokyo Main Board <1417> Mirait One 2227 2240.75 2229 <1802> Obayashi Corporation 2004 2036.75 2062 <1879> Shin Nippon Construction 1526 1541.75 1528 <2153> E-Gate HD 1616 1629.75 1667.5 <2154> Open UP 1841 1855

Fisco Japan06:54