The Japanese economy is experiencing a "dual situation of ice and fire"! Manufacturing continues to shrink, while the service industry rises against the trend.
Japan's economy continued to see a contraction in manufacturing activity in December, entering its sixth month of contraction, while the services sector maintained a growth trend.
December 16th [Today's Investment Strategy]
[Fisco Selected Stocks] 【Material Stocks】 Tanseisha Co., Ltd. <9743> 831 yen (12/13) engages in display planning and design for commercial facilities and cultural institutions. The earnings forecast for the fiscal year ending January 2025 has been upgraded. Operating profit is expected to be 5 billion yen (up 28.8% year-on-year). This is a 25% increase from the previous forecast. With a favorable market environment, demand is strong, primarily in the commercial QITABANKUAI business and Options Chain business, with expectations exceeding the previous forecast. The year-end dividend is set at 25 yen, compared to the previous forecast of 15 yen, and the previous fiscal year.
Focus on Danqing Company and Kobe Bussan, while Askul and Ya-man may be underperforming.
Last weekend, on the 13th, in the US stock market, the Dow Jones Industrial Average was down by $86.06 at 43,828.06, the Nasdaq Composite Index was up by 23.88 points at 19,926.72, and the Chicago Nikkei 225 Futures was up by 100 yen compared to the Osaka daytime at 39,570 yen. The exchange rate was 1 dollar = 163.60-70 yen. In today's Tokyo market, Kobe Bussan <3038>, which revised upward its medium-term management plan targets with operating profit estimates of 11.8% increase from the previous period and 9.8% increase for the current period, has also revised upwards its performance and dividends forecast for the January 2025 term.
List of conversion stocks (Part 3) [List of parabolic signal conversion stocks]
○ List of stocks that have shifted to Sell Market Code Stock Name Closing Price SAR Tokyo Main Board <6905> Kosei 1166 1218 <7095> Macbee 28002824 <7102> Nippu Car 22282320 <7202> Isuzu 21292134 <7421> Kappa Creators 16141644 <7545> Nishimatsuya Chain 22992398 <7599> IDOM 11041136 <7679>
List of cloud break stocks (Part 2) [Ichimoku Kinko Hyo - List of cloud break stocks]
○ List of stocks that have broken through the clouds Market Code Stock Name Closing Price Leading Span A Leading Span B Tokyo Stock Exchange Main Board <1332> Nissui 907 921.5 918.5 <1375> Yukiguni Maitake 1013 1030.25 1019.5 <1860> Toda Construction 9219 27.25 957 <1882> Toa Road 1291 1304 1340.5 <1893> Goyo Construction 6216 32.75 624 <196
Askul, 2Q operating profit decreased by 16.8%, 6.028 billion yen.
The results for the second quarter of the fiscal year ending May 2025, announced by Askul (2678), showed revenue of 237.9 billion 32 million yen, an increase of 2.9% compared to the same period last year, and operating profit of 6 billion 28 million yen, a decrease of 16.8%. Regarding the E-Commerce business, all sectors grew steadily; however, alongside a decline in gross profit margin due to foreign exchange impacts, an increase in fixed costs related to the rental costs of "ASKUL Kanto DC" resulted in increased revenue but decreased profits. [Positive Evaluation] (3399) Yamaoka-ya Sanbai | (6630) Ya