Stocks on the move at close (the 2nd): TIER IV, Hmcomm, and others

TIER IV, Inc. <593A> - Surged to hit its daily limit-up price, marking a new all-time high for a second straight session. Reports emerged in late August that TOYOTA MOTOR CORPORATION <7203> plans to launch passenger vehicles equipped with a Level 2++ autonomous driving system - capable of hands-free operation in urban areas - by 2028, sparking strong investor interest in autonomous driving stocks. TIER IV, provider of the Autoware autonomous driving software, is seen as the leading sector play. As a recent IPO that listed on the Growth Market on July 22, the stock carries little overhang, with price flexibility attracting day traders. Adding further momentum, a major domestic brokerage named TIER IV as a candidate for TOPIX inclusion from the Growth segment, fueling the rally.

Hmcomm Inc. <265A> - Rebounded sharply. After market close on the 1st, the company announced the development of ZBOX Light β (Meeting Agent Limited), a fully on-premises AI execution platform that completes the entire process - from meeting minutes creation to summarization - locally without transmitting voice data or text to external cloud services. The announcement drew buying interest. While generative AI adoption boosts operational efficiency, security risks in transmitting sensitive data to cloud services have posed barriers for organizations. The company developed the solution to address these security concerns.

Morpho, Inc. <3653> - Hit its daily limit-up price. The company announced it will begin a joint development project with auto parts maker Astemo in camera technology for software-defined vehicles (SDVs), drawing buying interest. Primary development themes include AI algorithms and lightweight implementation for camera sensing, aimed at understanding driving environments and monitoring occupant conditions.

ZenmuTech, Inc. <338A> - Briefly hit its daily limit-up price. After market close on the 1st, the company announced the launch of a cybersecurity business utilizing Secret Sharing Proxy Technology, jointly developed and patented with the Healthcare AI Platform Technology Research Association (HAIP). The company is considering expanding the technology across medical institutions, municipalities, businesses, and research partners. HAIP members include SoftBank Corp. <9434>, Hitachi High-Tech, and Microsoft Japan, serving as a key catalyst.

ITO EN, LTD. <2593> - Rebounded sharply, hitting a new year-to-date high. After market close on the 1st, the company reported consolidated results for the first quarter of the fiscal year ending April 2027 (May-July). Net sales reached 135.18 billion yen (up 3.3% year-on-year), operating profit was 10.2 billion yen (up 22.0%), and net profit came to 6.559 billion yen (up 14.8%), drawing buying interest on solid performance. The core leaf tea and beverage business posted strong profit growth. Revenue grew as domestic and international price hikes took effect, while profit was boosted by reduced sales promotion expenses and lower depreciation charges following prior-year impairment losses in the vending machine business. The company maintained its full-year guidance for the fiscal year ending April 2027, forecasting net sales of 500 billion yen (up 0.4% year-on-year), operating profit of 20 billion yen (down 7.8%), and net profit of 11.43 billion yen (3.3 times the prior year). Progress toward the full-year operating profit target reached about 51%.

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Source: MINKABU PRESS

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