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Rating information (investment decision change - part 1) = ORIX, Seiren ETC.
◎Morgan Stanley MUFG Securities (three levels: overweight > equal weight > underweight) ORIX <8591.T> -- "overweight" → "equal weight", 4,300 yen → 2,900 yen PHC HD <6523.T> -- "equal weight" → "underweight", 1,100 yen → 750 yen ◎Tokai Tokyo Securities (three levels: outperform > neutral > underperform) Seiren <3569.T> -- "outperform"
<Rating Change Observation> Nishimatsuya rating upgrade, Seiren rating downgrade ETC.
◎ New and Resumed - ◎ Upgraded M3 <2413.T> - Foreign companies rated it as 2nd out of 5. Round One <4680.T> - Foreign companies rated it as 2nd out of 5 (Target Price is downgraded). Toyota Industries <6201.T> - Foreign companies rated it as 2nd out of 5. Nishimatsuya Chain <7545.T> - Domestic major players rated it as the highest out of 5. ◎ Downgraded Seiren <3569.T> - Domestic major players rated it in the middle at 3 out of 5. Takeuchi Manufacturing <6432.T> - Domestic major players rated it as 2nd out of 5. PHCHD <6523.T>
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