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Market Overview Early Bird Information = Main Pre-market Order Situation (1) Toyota, Mitsubishi UFJ, SoftBank Group, etc.
As of 8:50 AM on the 30th, the main pre-market order situation is as follows. Toyota <7203.T> Sell 980,000 shares, Buy 1,010,000 shares Sony Group Corp <6758.T> Sell 720,000 shares, Buy 1,060,000 shares Mitsubishi UFJ <8306.T> Sell 760,000 shares, Buy 1,370,000 shares ENEOS <5020.T> Sell 230,000 shares, Buy 170,000 shares Nissan <7201.T> Sell 410,000 shares, Buy 870,000 shares SoftBank Group <9984.T> Sell 110,000 shares, Buy 90,000 shares Provided by: Wealth Asia
Kanematsu, Marubeni, ETC [List of stock materials from the newspaper]
*Kanematsu <8020> increases IT personnel by 2.5 times and expands orders for virtual Servers, aiming to acquire information companies within the fiscal year (Nikkei Industrial, front page) -○* ORIX <8591> sells 8 companies to NEC Group for 18 billion yen (Nikkei Industrial, page 3) -○* Sony Group Corp <6758> separates its Semiconductors business, 'no specific plans' (Nikkei Industrial, page 3) -○* Marubeni <8002> accelerates investments in the consumer Business, creating a new company through corporate acquisitions (Nikkei Industrial, page 4) -○* Toyota Tsusho <8015> invests in a U.S. electrolytic iron manufacturer to secure 'Green Steel' raw materials.
On the 29th, the ADR trends show that Shin-Etsu Chemical, Sony Group Corp, Kawasaki Heavy Industries, ETC are performing well in yen terms.
On the 29th, the ADRs (American Depositary Receipt) had a nearly broad increase compared to the Tokyo closing price on the 28th when converted to yen. In yen conversion, Shin-Etsu Chemical <4063.T>, Sony Group Corp <6758.T>, Kawasaki Heavy Industries <7012.T>, Mitsubishi UFJ <8306.T>, and Sumitomo Trust <8309.T> saw increases. Omron <6645.T>, Mitsubishi Heavy Industries <7011.T>, Mitsui Sumitomo <8316.T>, ORIX <8591.T>, and Nitori Holdings <9843.T> also remained strong. Provided by Wealth.
Sony Reportedly Mulls Semiconductor Business Spinoff
Sony Considering Chip Unit Spinoff, Bloomberg Reports
Reports say that Sony is considering splitting off its Semiconductors department and listing it.
According to informed sources, Sony is considering spinning off its Semiconductors Business and going public as early as this year. Sources say that after the spin-off, the Japanese Conglomerates may retain a minority stake in Sony Semiconductor Solutions. A spokesperson for Sony responded, stating: "This report is based on speculation and there are no specific plans for this."