| | NKY index / JPNK400 index | | | | | | | |
| Code | Name | Firm Name | New Rating | Change | New TP | | Former TP | px last |
| 1332 | NISSUI CORP | Sadif Investment Analytics | Strong Buy | Upgraded | 768.02 | ↑ | 593.81 | 677.7 |
| 1407 | WEST HOLDINGS CORP | Ichiyoshi | Strong Buy | Maintained | | | | 2900 |
| 1878 | DAITO TRUST CONSTRUCT CO LTD | CLSA | Strong Buy | Maintained | 16900 | ↑ | 15000 | 14085 |
| 1925 | DAIWA HOUSE INDUSTRY CO LTD | Morgan Stanley | Strong Buy | Maintained | 4200 | | 4200 | 3727 |
| 1928 | SEKISUI HOUSE LTD | Morgan Stanley | Hold | Maintained | 2950 | | 2950 | 2905 |
| 1928 | SEKISUI HOUSE LTD | Mizuho Securities | Strong Buy | Maintained | 3000 | | 3000 | 2905 |
| 2175 | SMS CO LTD | Tachibana Securities | Buy | Maintained | | | | 2804.5 |
| 2379 | DIP CORP | Tachibana Securities | Buy | Maintained | | | | 3565 |
| 2379 | DIP CORP | Nomura Securities | Hold | Maintained | 3840 | ↑ | 3660 | 3565 |
| 2433 | HAKUHODO DY HOLDINGS INC | Morgan Stanley | Hold | Maintained | 1500 | | 1500 | 1565 |
| 2670 | ABC-MART INC | Mizuho Securities | Hold | Maintained | 8200 | ↑ | 7600 | 8006 |
| 3038 | KOBE BUSSAN CO LTD | Credit Suisse | Hold | Maintained | 3500 | | 3500 | 3802 |
| 3038 | KOBE BUSSAN CO LTD | SMBC Nikko | Strong Buy | Maintained | 3900 | | 3900 | 3802 |
| 3038 | KOBE BUSSAN CO LTD | CLSA | Buy | Maintained | 4300 | | 4300 | 3802 |
| 3288 | OPEN HOUSE GROUP CO LTD | Morgan Stanley | Strong Buy | New Rating | 6300 | | | 5145 |
| 3382 | SEVEN & I HOLDINGS CO LTD | Iwai Cosmo Securities | Strong Buy | Maintained | 7100 | | 7100 | 5903 |
| 3382 | SEVEN & I HOLDINGS CO LTD | Mizuho Securities | Strong Buy | Maintained | 7500 | | 7500 | 5903 |
| 3401 | TEIJIN LTD | Nomura Securities | Hold | Maintained | 1300 | | 1300 | 1476 |
| 3402 | TORAY INDUSTRIES INC | Nomura Securities | Strong Buy | Maintained | 870 | | 870 | 781.1 |
| 3405 | KURARAY CO LTD | Nomura Securities | Hold | Maintained | 1600 | | 1600 | 1377.5 |
| 3407 | ASAHI KASEI CORP | Nomura Securities | Hold | Maintained | 950 | | 950 | 954.5 |
| 3436 | SUMCO CORP | Nomura Securities | Strong Buy | Upgraded | 2520 | ↑ | 2350 | 2114.5 |
| 3923 | RAKUS CO LTD | Goldman Sachs | Strong Buy | Maintained | 3200 | ↑ | 2900 | 2480 |
| 4004 | RESONAC HOLDINGS CORP | Nomura Securities | Sell | Maintained | 1700 | | 1700 | 2304.5 |
| 4005 | SUMITOMO CHEMICAL CO LTD | Nomura Securities | Hold | Maintained | 410 | | 410 | 431.6 |
| 4021 | NISSAN CHEMICAL CORP | Nomura Securities | Hold | Maintained | 6230 | | 6230 | 6198 |
| 4042 | TOSOH CORP | Nomura Securities | Hold | Maintained | 1820 | | 1820 | 1789.5 |
| 4042 | TOSOH CORP | SMBC Nikko | Hold | Maintained | 1700 | | 1700 | 1789.5 |
| 4042 | TOSOH CORP | CLSA | Buy | Maintained | 1900 | | 1900 | 1789.5 |
| 4061 | DENKA CO LTD | Nomura Securities | Strong Buy | Maintained | 3480 | | 3480 | 2695 |
| 4062 | IBIDEN CO LTD | Okasan Securities | Strong Buy | New Rating | 10000 | | | 8626 |
| 4063 | SHIN-ETSU CHEMICAL CO LTD | Nomura Securities | Strong Buy | Maintained | 5100 | | 5100 | 4724 |
| 4088 | AIR WATER INC | Nomura Securities | Strong Buy | Maintained | 2650 | | 2650 | 1918 |
| 4091 | NIPPON SANSO HOLDINGS CORP | Nomura Securities | Strong Buy | Maintained | 3500 | | 3500 | 3046 |
| 4182 | MITSUBISHI GAS CHEMICAL CO | Nomura Securities | Hold | Maintained | 2200 | | 2200 | 2135 |
| 4183 | MITSUI CHEMICALS INC | Nomura Securities | Strong Buy | Maintained | 4490 | | 4490 | 4064 |
| 4188 | MITSUBISHI CHEMICAL GROUP CO | Nomura Securities | Strong Buy | Maintained | 1000 | | 1000 | 831.7 |
| 4202 | DAICEL CORP | Nomura Securities | Hold | Maintained | 1200 | | 1200 | 1288.5 |
| 4205 | ZEON CORP | Nomura Securities | Strong Buy | Maintained | 1600 | | 1600 | 1334.5 |
| 4208 | UBE CORP | Nomura Securities | Hold | Maintained | 2420 | | 2420 | 2490.5 |
| 4403 | NOF CORP | Nomura Securities | Strong Buy | Maintained | 7000 | | 7000 | 6033 |
| 4506 | SUMITOMO PHARMA CO LTD | Credit Suisse | Hold | Maintained | 700 | ↓ | 1000 | 657 |
| 4519 | CHUGAI PHARMACEUTICAL CO LTD | Credit Suisse | Strong Buy | Maintained | 4200 | | 4200 | 3963 |
| 4536 | SANTEN PHARMACEUTICAL CO LTD | Morgan Stanley | Hold | Maintained | 1200 | | 1200 | 1200 |
| 4536 | SANTEN PHARMACEUTICAL CO LTD | Credit Suisse | Hold | Maintained | 1150 | ↑ | 1000 | 1200 |
| 4543 | TERUMO CORP | Mizuho Securities | | Suspend | | | | 4455 |
| 4553 | TOWA PHARMACEUTICAL CO LTD | Credit Suisse | Strong Sell | Maintained | 1600 | ↓ | 2000 | 1756 |
| 4568 | DAIICHI SANKYO CO LTD | Macquarie | Strong Buy | Maintained | 5000 | | 5000 | 4009 |
| 4612 | NIPPON PAINT HOLDINGS CO LTD | Nomura Securities | Strong Buy | Maintained | 1400 | | 1400 | 1174 |
| 4613 | KANSAI PAINT CO LTD | Nomura Securities | Strong Buy | Maintained | 2500 | | 2500 | 2178 |
| 4631 | DIC CORP | Nomura Securities | Hold | Maintained | 2440 | | 2440 | 2613 |
| 4751 | CYBERAGENT INC | Macquarie | Hold | Maintained | 1100 | | 1100 | 1031 |
| 4901 | FUJIFILM HOLDINGS CORP | Mizuho Securities | | Suspend | | | | 8294 |
| 4902 | KONICA MINOLTA INC | Mizuho Securities | | Suspend | | | | 507.5 |
| 5332 | TOTO LTD | Morgan Stanley | Strong Buy | Maintained | 5400 | | 5400 | 4290 |
| 5332 | TOTO LTD | Goldman Sachs | Strong Buy | Maintained | 5200 | ↓ | 5800 | 4290 |
| 5334 | NITERRA CO LTD | Nomura Securities | Strong Buy | Maintained | 3600 | ↑ | 3500 | 2929.5 |
| 5423 | TOKYO STEEL MFG CO LTD | SMBC Nikko | Hold | Maintained | 1670 | | 1670 | 1341 |
| 5711 | MITSUBISHI MATERIALS CORP | SMBC Nikko | Hold | Maintained | 2930 | | 2930 | 2480 |
| 5929 | SANWA HOLDINGS CORP | Goldman Sachs | Strong Buy | Maintained | 2000 | ↑ | 1870 | 1883 |
| 5947 | RINNAI CORP | Goldman Sachs | Strong Sell | Maintained | 2800 | ↓ | 3200 | 3174 |
| 6103 | OKUMA CORP | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 9200 | | 9200 | 7520 |
| 6113 | AMADA CO LTD | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 1900 | | 1900 | 1396 |
| 6141 | DMG MORI CO LTD | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 3200 | | 3200 | 2482 |
| 6146 | DISCO CORP | Macquarie | Strong Buy | Maintained | 25050 | | 25050 | 23915 |
| 6268 | NABTESCO CORP | Mitsubishi UFJ Morgan Stanley | Hold | Maintained | 3300 | | 3300 | 3070 |
| 6273 | SMC CORP | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 88000 | | 88000 | 77140 |
| 6301 | KOMATSU LTD | Goldman Sachs | Hold | Maintained | 3800 | ↑ | 3500 | 3873 |
| 6301 | KOMATSU LTD | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 4500 | | 4500 | 3873 |
| 6305 | HITACHI CONSTRUCTION MACHINE | Goldman Sachs | Strong Buy | Maintained | 4900 | ↑ | 4600 | 4036 |
| 6305 | HITACHI CONSTRUCTION MACHINE | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 5200 | | 5200 | 4036 |
| 6323 | RORZE CORP | Marusan Securities | Strong Buy | Maintained | 13600 | ↑ | 12400 | 10810 |
| 6323 | RORZE CORP | Tokai Tokyo Research Center | Strong Buy | Maintained | 13800 | | 13800 | 10810 |
| 6326 | KUBOTA CORP | Goldman Sachs | Strong Sell | Maintained | 1750 | ↑ | 1650 | 2041.5 |
| 6326 | KUBOTA CORP | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 2800 | | 2800 | 2041.5 |
| 6367 | DAIKIN INDUSTRIES LTD | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 31000 | | 31000 | 28885 |
| 6383 | DAIFUKU CO LTD | Mitsubishi UFJ Morgan Stanley | Hold | Maintained | 2900 | | 2900 | 2982 |
| 6432 | TAKEUCHI MFG CO LTD | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 4900 | | 4900 | 4560 |
| 6448 | BROTHER INDUSTRIES LTD | Mizuho Securities | | Suspend | | | | 2171.5 |
| 6465 | HOSHIZAKI CORP | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 6500 | | 6500 | 5221 |
| 6471 | NSK LTD | Mitsubishi UFJ Morgan Stanley | Hold | Maintained | 1000 | | 1000 | 889.7 |
| 6472 | NTN CORP | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 400 | | 400 | 302.8 |
| 6473 | JTEKT CORP | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 1700 | | 1700 | 1300.5 |
| 6506 | YASKAWA ELECTRIC CORP | Jefferies | Hold | Maintained | 6000 | ↑ | 5900 | 6375 |
| 6506 | YASKAWA ELECTRIC CORP | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 7000 | | 7000 | 6375 |
| 6532 | BAYCURRENT CONSULTING INC | Iwai Cosmo Securities | Strong Buy | Maintained | 6300 | | 6300 | 4949 |
| 6532 | BAYCURRENT CONSULTING INC | Mito Securities | Strong Buy | Maintained | 6000 | ↓ | 6500 | 4949 |
| 6586 | MAKITA CORP | Mitsubishi UFJ Morgan Stanley | Hold | Maintained | 4500 | | 4500 | 4083 |
| 6594 | NIDEC CORP | Jefferies | Hold | Maintained | 7700 | | 7700 | 7875 |
| 6594 | NIDEC CORP | Nomura Securities | Strong Buy | Maintained | 10000 | | 10000 | 7875 |
| 6674 | GS YUASA CORP | Citi | Strong Buy | Maintained | 3200 | | 3200 | 2857 |
| 6701 | NEC CORP | Macquarie | Strong Buy | Maintained | 7000 | | 7000 | 6937 |
| 6758 | SONY GROUP CORP | Macquarie | Strong Buy | Maintained | 15650 | | 15650 | 13255 |
| 6849 | NIHON KOHDEN CORP | Mizuho Securities | | Suspend | | | | 3758 |
| 6869 | SYSMEX CORP | Mizuho Securities | | Suspend | | | | 9570 |
| 6920 | LASERTEC CORP | Macquarie | Hold | Maintained | 24000 | | 24000 | 21490 |
| 6920 | LASERTEC CORP | Sadif Investment Analytics | Hold | Downgraded | 29313.69 | ↓ | 33431.199 | 21490 |
| 6954 | FANUC CORP | Mitsubishi UFJ Morgan Stanley | Hold | Maintained | 5100 | | 5100 | 4813 |
| 6965 | HAMAMATSU PHOTONICS KK | Mizuho Securities | | Suspend | | | | 6971 |
| 6967 | SHINKO ELECTRIC INDUSTRIES | Okasan Securities | Strong Buy | New Rating | 7000 | | | 5889 |
| 6988 | NITTO DENKO CORP | Nomura Securities | Hold | Maintained | 8390 | | 8390 | 10125 |
| 7186 | CONCORDIA FINANCIAL GROUP LT | Sadif Investment Analytics | Strong Buy | Maintained | 651.09 | ↑ | | 593.4 |
| 7309 | SHIMANO INC | Mizuho Securities | | Suspend | | | | 24575 |
| 7729 | TOKYO SEIMITSU CO LTD | Goldman Sachs | Strong Sell | Maintained | 6500 | ↑ | 6000 | 7850 |
| 7733 | OLYMPUS CORP | Mizuho Securities | | Suspend | | | | 2239.5 |
| 7735 | SCREEN HOLDINGS CO LTD | Goldman Sachs | Hold | Downgraded | 16500 | | 16500 | 15980 |
| 7735 | SCREEN HOLDINGS CO LTD | Macquarie | Strong Buy | Maintained | 19000 | | 19000 | 15980 |
| 7741 | HOYA CORP | Goldman Sachs | Strong Buy | Maintained | 19000 | ↓ | 19300 | 16350 |
| 7741 | HOYA CORP | Mizuho Securities | | Suspend | | | | 16350 |
| 7747 | ASAHI INTECC CO LTD | Mizuho Securities | | Suspend | | | | 2769 |
| 7751 | CANON INC | Macquarie | Strong Buy | Maintained | 4550 | | 4550 | 3748 |
| 7751 | CANON INC | Mizuho Securities | | Suspend | | | | 3748 |
| 7947 | FP CORP | Nomura Securities | Hold | Maintained | 3410 | | 3410 | 2851 |
| 7974 | NINTENDO CO LTD | Macquarie | Strong Buy | Maintained | 7700 | | 7700 | 6433 |
| 8035 | TOKYO ELECTRON LTD | Goldman Sachs | Strong Buy | Maintained | 24000 | ↑ | 23000 | 20725 |
| 8035 | TOKYO ELECTRON LTD | Macquarie | Strong Buy | Maintained | 24800 | | 24800 | 20725 |
| 9418 | USEN-NEXT HOLDINGS CO LTD | Iwai Cosmo Securities | Strong Buy | Maintained | 4100 | ↑ | 3500 | 3365 |
| 9983 | FAST RETAILING CO LTD | Mizuho Securities | Strong Buy | Maintained | 39000 | ↑ | 37000 | 34740 |
| | | | | | | | | |
| | TSE Growth | | | | | | | |
| Code | Name | Firm Name | New Rating | Change | New TP | | Former TP | px last |
| 1400 | RUDEN HOLDINGS CO LTD | Sadif Investment Analytics | Strong Sell | Downgraded | 60.18 | ↑ | 42.933 | 115 |
| 3541 | NOUSOUKEN CORP | Sadif Investment Analytics | Strong Buy | Upgraded | 376.47 | ↓ | 430.83 | 369 |
| 4593 | HEALIOS KK | Nomura Securities | Strong Buy | Maintained | 1500 | | 1500 | 297 |
| 7373 | AIDMA HOLDINGS INC | SBI Securities Co Ltd | Strong Buy | Maintained | 7000 | ↓ | 10000 | 2463 |
| 7388 | FP PARTNER INC | Mito Securities | Strong Buy | Upgraded | 6100 | ↑ | 4150 | 4255 |
| 7388 | FP PARTNER INC | Ichiyoshi | | Maintained | | | | 4255 |