Tokyo stocks recover at midday after early gains briefly turn negative

Dynamic Map Platform Co., Ltd. <336A> - Upward momentum accelerated. The stock hit its daily limit-up for a second straight session, setting a record high. In addition to continued buying interest as an autonomous driving play, Dynamic Map Platform announced that Kensuke Mashimo, general manager of its Software Technology Division, will speak at the dSPACE Japan User Conference 2026 (JUC2026) on the 17th at TAKANAWA GATEWAY Convention Center to present proposals on autonomous driving AI development using real-world data. The announcement drew buying interest.

Nitori Holdings Co., Ltd. <9843> - Rebounded sharply for the first time in four sessions. Its August domestic sales report, released after market close on the 2nd, showed same-store sales up 4.4% year-on-year, marking a second straight month of growth. Sales of dining and living room furniture, home appliances, lighting, and bedding performed strongly, supported by a summer appreciation sale, monthly themed events, and TV advertising. Total sales rose 7.1% year-on-year.

PRESS KOGYO CO., LTD. <7246> - Buying interest strengthened, with the stock reaching a year-to-date high. PRESS KOGYO announced after market close on the 2nd that it received an order for frames for the new Pajero, unveiled the same day by MITSUBISHI MOTORS CORPORATION <7211>. According to MITSUBISHI MOTORS, the new Pajero is set to launch first in Thailand - where it is produced - followed by Japan and Australia, with plans to roll out to about 100 countries worldwide including ASEAN, Latin America, and the Middle East from the next fiscal year onward. PRESS KOGYO's Thailand facility will manufacture the frames. Supply already began in August.

Source: MINKABU PRESS

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