Enphase Energy Partners With Itochu for IQ8 Microinverter Distribution in Japan
The Nikkei average is up about 180 yen, but after the buying spree, it seems to be facing resistance at higher levels = session before noon on the 28th.
On the 28th at around 10:02 AM, the Nikkei Stock Average was trading around 35,890 yen, up about 180 yen compared to the previous weekend. At 9:34 AM, it reached 36,075 yen and 26 sen, up 369 yen and 52 sen, marking the first time in about a month that it has recovered to the 36,000 yen range during trading hours since the first of the month. On the local market on the 25th, U.S. markets saw gains in technology stocks, with the NY Dow and the Nasdaq Composite Index both rising for four consecutive days. Japanese stocks also saw early buying thanks to the rise in U.S. stocks and stability in the foreign exchange market. However, Buy
Itochu Corporation (ADR)(ITOCY.US) will release its Earnings Reports after the market closes on May 1.
$Itochu Corporation (ADR) (ITOCY.US) will release its Earnings Reports after the market closes on May 1st, investors please pay attention. How was the previous performance? $Itochu Corporation (ADR) (ITOCY.US) 2025 Q3 revenue is 3.75 trillion yen, Net income is 249.487 billion yen, EPS is 333.72 yen. 2024 Q4 revenue is 3.58 trillion yen, Net income is 197.873 billion yen, EPS is 263.88 yen. The accounting standards used for the above data is NonUS_GAAP. Futubull Reminder: 1. Hong Kong stocks,
Japan Steel Works, Horiba Manufacturing ETC.
*Japan Steel Works Ltd. (5631) is deepening its presence in India and has established a maintenance base for pelletizing machines (Nikkai Kogyo page 1) - ○ *Daiichi Hokuetsu Financial Group (7327) has reached an agreement to merge with Gunma Bank, aiming to be top class in scale and quality (Nikkai Kogyo page 3) - ○ *NTT Data Group (9613) has partnered with OpenAI to become a development and sales dealer (Nikkai Kogyo page 3) - ○ *Tokyo Electron Ltd. Unsponsored ADR (8035) has developed a new etching equipment building in Miyagi to support high-performance Semiconductors (Nikkai Kogyo page 3) - ○ *LIXIL (5938) has high-performance Aluminum windows.
Asahi Kasei, Sumitomo Rubbers ETC [List of stock materials from the newspaper]
*Asahi Kasei <3407> increases production of photosensitive insulating materials and introduces a new line aimed at cutting-edge Semiconductors (Nikkan Kogyo, page 1) - ○ *Sumitomo Rubber Industries <5110> to raise North American tire prices next month in response to Trump tariffs (Nikkan Kogyo, page 1) - ○ *Nomura HD <8604> acquires three investment firms in the US and Europe for 258.4 billion yen from an Australian company (Nikkan Kogyo, page 3) - ○ *Seibu Gas HD <9536> partners with JERA for LNG exchange and sales, utilizing the base in Kitakyushu (Nikkan Kogyo, page 3) - ○ *Tokuyama <4043> to acquire JSR's in-vitro diagnostic business for 820.
Itochu Sells C.P. Pokphand Stake to Charoen Pokphand Group
Concerns about the decline in U.S. stocks and the appreciation of the yen are present, but there is a sense of underlying strength.
The Nikkei average continued to decline, finishing trading at 34,220.60 yen, down 59.32 yen (Volume estimated at 1.4 billion 30 million shares). Reflecting the drop in major stock indices in the previous day's USA market, selling started ahead. There was a moment right after the opening when it turned positive at 34,340.57 yen, but the buying did not continue, and by the middle of the morning session, it had dropped to 34,109.85 yen. However, nearing the psychological barrier of 34,000 yen, there was a resistance to falling due to the bargains stemming from perceived value, and the yen exchange rate is at its highest in about seven months.
The Nikkei average is down about 85 yen, showing a weak trend following the decline in U.S. stocks = pre-market on the 22nd.
On the 22nd at around 10:08 AM, the Nikkei Average was trading at approximately 34,195 yen, down about 85 yen from the previous day. At 9:44 AM, it reached a low of 34,109.85 yen, down 170.07 yen. In the USA market on the 21st, the composite Index ETF for March's leading economic indicators fell below market expectations, and with President Trump continuing to call for interest rate cuts from the Federal Reserve, both the Dow Inc and Nasdaq Composite Index dropped for four consecutive days. As a result, Japanese stocks were also facing Sell pressure.
ITOCHU: Extraordinary Report
Japan Embraces Lab-made Fuels Despite Costs, Climate Concerns
List of conversion stocks (part 2) [List of stocks converting with Parabolic Signals]
○ List of stocks for switching to Buy in the market Code Stock Name Closing Price SAR Main Board <7467> NIKON CORP SPONS 2917 <7725> Interact 1135998 <7739> Canon Inc-Spons Adr 22281986 <7780> Menicon 11751066 <7867> Takara Tomy 29892663 <7888> Sankyo Gosei 553475 <7944> Roland 30702835 <7
Global Trade to Decline in 2025 Amid Increased Tariff Uncertainty, WTO Says
List of cloud breakout stocks (Part 2) [Ichimoku Kinko Hyo - List of cloud breakout stocks]
○ List of stocks under cloud break market Code Stock Name Close Price Leading Span A Leading Span B Tokyo Main Board <1333> Maruha Nichiro 3064 3113 3082 <1379> Hokuotsu 1852 1887.5 1855 <1873> Japan House HD 3203 30.75 325 <2201> Morinaga Confectionery 2487 2524.25 2645.5 <2613> J-Oil 2010 2018.75 2056.5 <
Berkshire Hathaway, led by Buffett, issued a minimum of 0.628 billion USD in Japanese government bonds, which may be used for Shareholding in Japanese companies.
Berkshire Hathaway Inc. issued bonds worth 90 billion yen (approximately 0.628 billion USD) on Friday, marking the smallest yen Trade since entering the Japanese market in 2019.
Kddi Corporation, Mizuho Leasing, ETC.
*Kddi Corporation <9433> launches Japan's first service, direct communications via satellite and smartphones (Nikkei Industrial, page 3) - ○ *JFEHD <5411> JFE Steel establishes a large electric furnace in Kurashiki, one of the largest in the world, with an annual crude steel production of 2 million tons (Nikkei Industrial, page 3) - ○ *Daiwa Motor Transportation <9082> increases investment in taxi dispatch with Mitsubishi Corporation and others to address local transportation issues (Nikkei Industrial, page 4) - ○ *Itochu <8001> enters the used smartphone distribution market in the U.S. to expand overseas share (Nikkei Industrial, page 4) - ○ *Sumitomo Corporation <8053> U.S. nuclear fusion.
IIF---Started providing welfare service "Wakaru Kaigo Biz" to Itochu Ceratech.
Internet Infinity <6545> announced on the 2nd that it has begun providing the welfare service "Wakarukai-go Biz" to Itochu Ceratec, a subsidiary of Itochu Corporation <8001>, to support the balance between work and caregiving. "Wakarukai-go Biz" features a seamless service from initial consultation to problem-solving, targeting employees facing various caregiving challenges, with support for consultation via phone or web, assistance in searching for and arranging caregiving facilities, and more.
List of stocks breaking through the cloud (part 3) [Ichimoku Kinko Hyo - List of stocks breaking through the cloud]
○ List of stocks that broke below the cloud in the market Code Stock Name Closing Price Leading Span A Leading Span B Tokyo Main Board <8001> Itochu 6508 6550.5 7007 <8037> Kamei 1805 1878 42.5 <8051> YAMAZEN 1268 1288.25 1338 <8052> Tsubakimoto 1999 2105.5 2055.5 <8074> Yuasa Trading 1254 4477.5 4402.5 <
The Nikkei average is down about 120 yen, following a lead in buying but turning down due to selling while waiting for a rebound = 2 days before the market.
At around 10:05 AM on the 2nd, the Nikkei average stock price is trading around 35,500 yen, down about 120 yen from the previous day. At 9:26 AM, it reached 35,426.33 yen, down 198.15 yen. On the 1st in the local US market, the Dow Inc slightly declined, but the Nasdaq composite index rebounded for the first time in five days, and the SOX (Philadelphia Semiconductors) index was also high. The rise in the SOX index, which significantly affects Japan's semiconductor-related stocks, led to buying in Japanese stocks centered on semiconductors.
The Nikkei average rose by 6 yen, slightly rebounding for the first time in four days, but briefly turned downward, indicating a heavy upper limit = afternoon of the 1st.
The Nikkei average stock price at the end of the day was 35,624.48 yen, up 6.92 yen compared to the previous day, marking a small rebound after four days. The TOPIX (Tokyo Stock Price Index) rose slightly by 3.00 points to 2,661.73 points. Japanese stocks saw a reaction to yesterday's significant decline and a pause in the yen's appreciation, with buying activity leading in the morning. At 9:24 AM, the Nikkei average reached 36,052.54 yen, up 434.98 yen. However, after the buying wave subsided, trading waited for new leads amidst a lack of guiding materials.
Veru Inc 24 --- Collaboration begins in supporting the digitization of CTC and municipal offices.
Veru Inc. <6183> announced on the 28th that its subsidiary, Veru Inc., has begun a partnership with Itochu Corporation's <8001> subsidiary, Itochu Techno-Solutions Corporation (CTC), to support the digitalization of local government customer service operations. The collaboration will leverage CTC's resident response service utilizing generative AI, "GenAI Admin Portal for Citizen", along with the AI and human hybrid services provided by Veru Inc.