Japan Petroleum Exploration Co., Ltd. <1662> - Surged sharply for the first time in eight days. U.S. President Trump announced on the 21st an extension of the ceasefire with Iran, but stated the continued reverse blockade of the Strait of Hormuz. Amid ongoing concerns over crude oil supply, the U.S. crude oil futures market on the 22nd saw WTI (West Texas Intermediate) June contracts rise by $3.29 from the previous day to $92.96 per barrel. As of noon Japan time on the 23rd, prices were hovering around $94, continuing their elevated levels. This rise in crude oil prices is working as a tailwind for the company's stock. Additionally, the company announced on the 22nd its "JAPEX Management Plan 2026-35." The business targets under this management plan set net profit at 75 billion yen for fiscal 2031 and 100 billion yen for fiscal 2035 (compared to the fiscal 2025 forecast of 45 billion yen). The company aims to expand crude oil and gas production and has shareholder returns enhancement in view. It targets raising ROE from the fiscal 2025 outlook of 6.7% to over 12% by fiscal 2035.

SBI Shinsei Bank,Limited <8303> - Surged sharply in the afternoon session. Around 11:30 a.m., the company announced that its final profit for the fiscal year ending March 2026, currently being compiled, appears to have landed at 113 billion yen (up 33.7% from the previous year), exceeding the previous forecast of 100 billion yen, attracting buying on this positive news. Factors contributing include expanded interest margin income and fee income in corporate lending, retail deposits, and housing loans, as well as expanded investment income in securities operations. In line with the upward earnings revision, the company raised its year-end lump-sum dividend forecast from 34 yen to 42 yen.

SUS Co.,Ltd. <6554> - Rebounded. In addition to ERP consulting and engineer dispatch services, the company's aggressive expansion into AI (XR) business has been successful, with AI agent-related services becoming a growth driver. Customer acquisition is progressing across a wide range of industries including electronics, machinery, chemicals, and biotechnology. Capturing corporate digital transformation (DX) adoption trends, earnings performance has been stronger than the company's expectations. After the close of trading on the 22nd, the company announced an upward revision to its first-half fiscal 2026 (October 2025 to March 2026) results, raising operating profit from the previous forecast of 634 million yen to 870 million yen (up 7% year-on-year), attracting buying on this positive evaluation. The background to profit expansion includes increased gross profit in dispatch services and IT contract work, improved project profit margins, and delayed occurrence of selling, general and administrative expenses. The company maintained its full-year operating profit forecast of 1.365 billion yen, up 13% from the previous year.

DAIDOH LIMITED <3205> - Moving away from bottom levels. The mid-sized apparel company develops primarily its proprietary "New Yorker" brand. After the close of trading on the 22nd, the company announced an upward revision to its fiscal 2026 results. Sales were raised from the previous forecast of 32.27 billion yen to 32.5 billion yen (up 14% from the previous year), and operating profit was increased from 10 million yen to 300 million yen (compared to a loss of 640 million yen in the previous year). The business recovery trend is on track, serving as a catalyst for investment buying. While the stock price was forced to crawl along bottom levels after plunging in early March, this has created a sense of value, attracting short-term buying.

Canon Marketing Japan Inc. <8060> - Sharp rebound, updating all-time high since listing. After the close of trading on the 22nd, the company announced its consolidated financial results for the first quarter (January-March) of fiscal 2026. Sales reached 171.66 billion yen (up 2.6% year-on-year) and operating profit was 18.526 billion yen (up 40.7% year-on-year), attracting buying on positive business performance. The operating profit margin reached 10.8% (7.9% in the same period last year), achieving a record high for a quarterly period. IT solutions performed strongly. In the enterprise segment, SI projects for the manufacturing industry progressed smoothly.

OKANO VALVE MFG.CO.LTD. <6492> - Limit-up popularity. After the close of trading on the 22nd, the company revised upward its consolidated earnings forecast for fiscal 2026, raising sales from 8.866 billion yen to 10 billion yen, operating profit from 966 million yen to 1.95 billion yen, and net profit from 689 million yen to 1.4 billion yen. The company also raised its dividend forecast from 50 yen per year (20 yen interim, 30 yen year-end) to 80 yen per year (40 yen each for interim and year-end, compared to 60 yen in the previous year), attracting buying on this positive news. While simple comparison with the previous year is not possible due to an irregular settlement period, in the valve manufacturing division, additional orders increased for planned projects for the Kashiwazaki-Kariwa Nuclear Power Station's Specified Severe Accident Facility and Shimane Nuclear Power Station Unit 2, and the construction schedule for the Nanao-Ota Thermal Power Station project was advanced, pushing sales above plan. In the maintenance division, inspection work at Kashiwazaki-Kariwa Nuclear Power Station Unit 7 was conducted ahead of schedule, and regular inspection work at Onagawa Nuclear Power Station Unit 2 progressed beyond plan. Furthermore, increased additional orders for high value-added products centered on nuclear-related projects and higher-than-planned operating rates in regular inspection work also contributed to profit growth.

*Unconfirmed information may be included. Stock trading should be conducted at your own risk and judgment.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.