NIPPON CHEMI-CON CORPORATION <6997> surged to its daily limit at one point. On May 22, the company announced it developed the "LBY Series" leaded aluminum electrolytic capacitor, optimized for automotive SRS airbag devices and AI server applications, supporting the shares. The LBY Series achieves up to approximately 23% higher capacitance than conventional models using a newly developed high-magnification aluminum electrode foil. Samples are already available, with mass production scheduled to begin in September.

Oncolys BioPharma Inc. <4588> extended sharp gains. Before the market opened on May 22, the company announced that a Pharmaceuticals and Medical Devices Agency (PMDA) subcommittee approved full regulatory clearance for its oncolytic virus "Telomelysin Injection" on May 21, boosting the stock. The drug is indicated for esophageal cancer ineligible for radical resection or chemoradiotherapy. Following formal approval and drug pricing, the product is slated to launch within the current fiscal year as planned.

Microwave Chemical Co., Ltd. <9227> traded with strong buying interest. On May 21, the company announced it was selected for Amazon.com Inc.'s "Amazon Devices Climate Tech Accelerator," a program supporting firms with technologies that reduce the environmental impact of devices by exploring potential adoption and collaboration, drawing buy orders. Microwave Chemical proposed its "Low-Concentration Precious Metal Recovery Business" as a metal recovery solution. The company plans to jointly develop an integration plan with Amazon and present it to senior executives at Amazon Devices in October.

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Source: MINKABU PRESS

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