Sansan, Inc.

The Nikkei Stock Average extended its losses in the morning session on the Tokyo Stock Exchange, falling 564.37 points from the previous close to 66,678.36. Overnight declines in US equities and a pullback in AI and semiconductor stocks weighed on sentiment, leading to early selling. Rising crude oil prices amid escalating tensions in the Middle East also added pressure. On the other hand, buying emerged in stocks such as Bookoff Group Holdings and Sansan, which reported strong earnings, as well as Oriental Land, which drew attention on price hike expectations, preventing a broader market rout. The TOPIX ended the morning session down 0.12% at 4,002.62, with trading value on the Tokyo Stock Exchange Prime Market reaching 5.377413 trillion yen.

The Nikkei Average rebounded on the 14th, closing 500 yen higher at 67,743 yen. It started lower on the back of a decline in US stocks, and at one point in early trading fell by more than 900 yen. However, in the afternoon session, as South Korea's KOSPI index regained composure, movements in AI-related stocks improved, and the index turned positive. Trading value on the Tokyo Stock Exchange Prime Market was approximately 10.76 trillion yen. By sector, mining, shipping, and chemicals posted sharp gains, while only three sectors declined: non-ferrous metals, machinery, and glass and ceramics. Among individual stocks, Sansan surged on the back of a sharp profit increase in the previous fiscal year and a strong profit outlook for the current fiscal year. Meanwhile, Money Forward fell sharply despite raising its full-year operating profit forecast, highlighting a divergence in SaaS-related earnings results.