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Global Trade to Decline in 2025 Amid Increased Tariff Uncertainty, WTO Says
Nadex rebounds, establishing a joint venture with Electric Welding Industry in India.
Na-Dex <7435.T> rebounded, reaching a temporary high of 29 yen to 894 yen. After the market closed on the 9th, it was announced that the company had resolved to establish a joint venture (JV new company) in India in conjunction with Denyū Kōgyō (Naka-Koma District, Yamanashi Prefecture). Denyū Kōgyō manufactures and sells various welding machines and Components. The company views India as a promising market where high growth is expected in the medium to long term, recognizing the solutions developed by the group both domestically and internationally as beneficial for the Indian market.
Nadex: Interim report.
Nadex surged sharply, viewed positively for setting a stock repurchase limit of 330,000 shares and the cancellation after acquisition.
Nadex <7435.T> has surged, temporarily reaching 890 yen, an increase of 54 yen. After the close on the previous weekend on the 14th, the announcement of the establishment and cancellation of a share buyback program was perceived as significant news. The share buyback program has a limit of 330,000 shares (3.7% of the total issued shares excluding treasury stock) and 250 million yen. The acquisition period is from March 17 to October 24. Regarding the cancellation, all shares acquired this time will be canceled as of November 21. The company aims to return profits to shareholders and improve capital efficiency through the buyback.
Announcement of Share Buyback for Na-Dex, etc. on March 14.
The companies that announced a stock buyback program on March 14 (Friday) are as follows: <7435> Na-Dex 0.33 million shares (3.7%) 0.2 billion 50 million yen (25/3/17-25/10/24) <9029> Higashi 21.2 million shares (1.5%) 0.2 billion 46.2 million yen (25/3/17-25/3/17) <7670> Owell 0.2 million shares (2.0%) 0.1 billion 97.6 million yen (25/3/17-25/3/17) <3441> Sannou 0.15 million shares (3.4%) 0.1 billion 50 million yen (25/
Kurazushi, 1Q operating profit decreased by 24.1%, 1.326 billion yen.
Kura Sushi (2695) announced that for the first quarter of the fiscal year ending October 2025, revenue was 58.5 billion 56 million yen, a 4.4% increase compared to the same period last year, while operating profit decreased by 24.1% to 1.3 billion 26 million yen. In Japan, strong performance was seen with high-quality products centered around "tuna" and "crab" through promotional fairs, and the implementation of collaboration projects with popular content such as the hit anime "Blue Lock" contributed to favorable revenue trends. In North America, the USA subsidiary...