| | NKY index / JPNK400 index | | | | | | | |
| Code | Name | Firm Name | New Rating | Change | New TP | | Former TP | px last |
| 1605 | INPEX CORP | JP Morgan | Strong Buy | Maintained | 2000 | ↑ | 1800 | 1726 |
| 1719 | HAZAMA ANDO CORP | Sadif Investment Analytics | Strong Sell | Downgraded | 963.05 | | 959.97 | 1075 |
| 1721 | COMSYS HOLDINGS CORP | SMBC Nikko | Hold | Maintained | 2750 | | 2750 | 2766.5 |
| 1801 | TAISEI CORP | Daiwa Securities | Hold | Downgraded | 5100 | | 5100 | 5233 |
| 1801 | TAISEI CORP | SMBC Nikko | Strong Buy | Maintained | 4900 | | 4900 | 5233 |
| 1801 | TAISEI CORP | Sadif Investment Analytics | Hold | Maintained | 4479.39 | ↑ | 3740.126 | 5233 |
| 1802 | OBAYASHI CORP | Daiwa Securities | Strong Buy | Maintained | 1500 | ↑ | 1100 | 1252 |
| 1802 | OBAYASHI CORP | SMBC Nikko | Hold | Maintained | 1170 | | 1170 | 1252 |
| 1803 | SHIMIZU CORP | SMBC Nikko | Hold | Maintained | 880 | | 880 | 913.4 |
| 1803 | SHIMIZU CORP | Daiwa Securities | Strong Buy | Upgraded | 1150 | ↑ | 740 | 913.4 |
| 1808 | HASEKO CORP | Daiwa Securities | Strong Buy | Maintained | 2100 | ↑ | 1940 | 1809.5 |
| 1808 | HASEKO CORP | SMBC Nikko | Hold | Maintained | 1750 | | 1750 | 1809.5 |
| 1812 | KAJIMA CORP | Daiwa Securities | Strong Buy | Maintained | 2900 | ↑ | 1800 | 2157 |
| 1812 | KAJIMA CORP | SMBC Nikko | Strong Buy | Maintained | 2400 | | 2400 | 2157 |
| 1820 | NISHIMATSU CONSTRUCTION CO | Daiwa Securities | Strong Buy | Upgraded | 4500 | ↑ | 4100 | 3556 |
| 1860 | TODA CORP | SMBC Nikko | Hold | Maintained | 840 | | 840 | 758.6 |
| 1861 | KUMAGAI GUMI CO LTD | Daiwa Securities | Strong Buy | Maintained | 3800 | ↑ | 3400 | 3140 |
| 1893 | PENTA-OCEAN CONSTRUCTION CO | Daiwa Securities | Strong Buy | Maintained | 960 | ↑ | 870 | 744.3 |
| 1928 | SEKISUI HOUSE LTD | Mito Securities | Hold | Maintained | 3200 | | 3200 | 2910 |
| 1942 | KANDENKO CO LTD | SMBC Nikko | Hold | Maintained | 1200 | | 1200 | 1195 |
| 1951 | EXEO GROUP INC | SMBC Nikko | Hold | Maintained | 2750 | | 2750 | 2842.5 |
| 2146 | UT GROUP CO LTD | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 3500 | | 3500 | 2891 |
| 2175 | SMS CO LTD | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 4700 | | 4700 | 2744.5 |
| 2181 | PERSOL HOLDINGS CO LTD | Mitsubishi UFJ Morgan Stanley | Hold | Maintained | 3000 | | 3000 | 2659 |
| 2264 | MORINAGA MILK INDUSTRY CO | Tokai Tokyo Research Center | Hold | Maintained | 4490 | ↓ | 4840 | 4682 |
| 2331 | SOHGO SECURITY SERVICES CO | Mitsubishi UFJ Morgan Stanley | Hold | Maintained | 900 | | 900 | 783.2 |
| 2875 | TOYO SUISAN KAISHA LTD | Sadif Investment Analytics | Strong Buy | Maintained | 7190.55 | ↑ | 4615.577 | 6079 |
| 3092 | ZOZO INC | JP Morgan | Strong Buy | Maintained | 3400 | ↓ | 3500 | 2779 |
| 3349 | COSMOS PHARMACEUTICAL CORP | Nomura Securities | Strong Buy | Maintained | 18000 | ↑ | 16500 | 15710 |
| 3382 | SEVEN & I HOLDINGS CO LTD | Credit Suisse | Hold | Maintained | 6800 | ↓ | 6900 | 5887 |
| 3391 | TSURUHA HOLDINGS INC | Macquarie | Strong Buy | Maintained | 12700 | | 12700 | 10695 |
| 3401 | TEIJIN LTD | SMBC Nikko | Strong Buy | Maintained | 1750 | | 1750 | 1465 |
| 3402 | TORAY INDUSTRIES INC | SMBC Nikko | Strong Buy | Maintained | 930 | | 930 | 780.1 |
| 3405 | KURARAY CO LTD | SMBC Nikko | Hold | Maintained | 1500 | | 1500 | 1373 |
| 3407 | ASAHI KASEI CORP | SMBC Nikko | Strong Buy | Maintained | 1350 | | 1350 | 947.5 |
| 3436 | SUMCO CORP | SMBC Nikko | Hold | Maintained | 1750 | | 1750 | 2107 |
| 3738 | T-GAIA CORP | Nomura Securities | Hold | Maintained | 1760 | | 1760 | 1745 |
| 3774 | INTERNET INITIATIVE JAPAN | Nomura Securities | Strong Buy | Maintained | 3210 | | 3210 | 2591 |
| 4005 | SUMITOMO CHEMICAL CO LTD | SMBC Nikko | Hold | Maintained | 410 | | 410 | 433.2 |
| 4021 | NISSAN CHEMICAL CORP | SMBC Nikko | Strong Buy | Maintained | 7900 | | 7900 | 6132 |
| 4042 | TOSOH CORP | SMBC Nikko | Hold | Maintained | 1700 | | 1700 | 1791 |
| 4063 | SHIN-ETSU CHEMICAL CO LTD | SMBC Nikko | Strong Buy | Maintained | 5400 | | 5400 | 4619 |
| 4183 | MITSUI CHEMICALS INC | SMBC Nikko | Strong Buy | Maintained | 4750 | | 4750 | 4027 |
| 4183 | MITSUI CHEMICALS INC | Sadif Investment Analytics | Strong Buy | Upgraded | 4712.85 | ↑ | 3003.531 | 4027 |
| 4188 | MITSUBISHI CHEMICAL GROUP CO | SMBC Nikko | Hold | Maintained | 750 | | 750 | 828.3 |
| 4205 | ZEON CORP | Goldman Sachs | Hold | Downgraded | 1400 | ↓ | 1660 | 1329 |
| 4205 | ZEON CORP | SMBC Nikko | Strong Buy | Maintained | 1600 | | 1600 | 1329 |
| 4208 | UBE CORP | SBI Securities Co Ltd | Strong Buy | Maintained | 3300 | | 3300 | 2486.5 |
| 4208 | UBE CORP | SMBC Nikko | Hold | Maintained | 2300 | | 2300 | 2486.5 |
| 4307 | NOMURA RESEARCH INSTITUTE LT | Macquarie | Strong Buy | Maintained | 4000 | | 4000 | 3934 |
| 4502 | TAKEDA PHARMACEUTICAL CO LTD | Macquarie | Strong Buy | Maintained | 4800 | ↓ | 4900 | 4311 |
| 4519 | CHUGAI PHARMACEUTICAL CO LTD | Bernstein | Strong Buy | Maintained | 4350 | | 4350 | 3952 |
| 4523 | EISAI CO LTD | Jefferies | Hold | Maintained | 9600 | ↑ | 8000 | 9085 |
| 4613 | KANSAI PAINT CO LTD | Goldman Sachs | Hold | Upgraded | 2180 | ↑ | 2020 | 2193.5 |
| 4689 | Z HOLDINGS CORP | Nomura Securities | Strong Buy | Maintained | 430 | | 430 | 390.3 |
| 4732 | USS CO LTD | Mitsubishi UFJ Morgan Stanley | Hold | Maintained | 2300 | | 2300 | 2391 |
| 4755 | RAKUTEN GROUP INC | Nomura Securities | Hold | Maintained | 590 | | 590 | 534.1 |
| 4849 | EN JAPAN INC | Mitsubishi UFJ Morgan Stanley | Hold | Maintained | 2200 | | 2200 | 2578 |
| 4911 | SHISEIDO CO LTD | Macquarie | Strong Buy | New Rating | 7700 | | | 6230 |
| 4922 | KOSE CORP | Morgan Stanley | Hold | Maintained | 15000 | | 15000 | 13500 |
| 4922 | KOSE CORP | Macquarie | Hold | New Rating | 12500 | | | 13500 |
| 5019 | IDEMITSU KOSAN CO LTD | JP Morgan | Hold | Maintained | 3200 | ↑ | 3000 | 2934.5 |
| 5020 | ENEOS HOLDINGS INC | JP Morgan | Hold | Maintained | 550 | ↑ | 500 | 494.2 |
| 5021 | COSMO ENERGY HOLDINGS CO LTD | JP Morgan | Hold | Maintained | 4500 | | 4500 | 4080 |
| 5076 | INFRONEER HOLDINGS INC | Daiwa Securities | Strong Buy | Maintained | 1500 | ↑ | 1200 | 1350 |
| 5332 | TOTO LTD | SMBC Nikko | Strong Sell | Maintained | 4700 | | 4700 | 4244 |
| 5334 | NITERRA CO LTD | Citi | Hold | Maintained | 2800 | | 2800 | 2903 |
| 5929 | SANWA HOLDINGS CORP | SMBC Nikko | Strong Buy | Maintained | 1800 | | 1800 | 1869 |
| 5947 | RINNAI CORP | SMBC Nikko | Strong Sell | Maintained | 3100 | | 3100 | 3109 |
| 6098 | RECRUIT HOLDINGS CO LTD | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 6700 | | 6700 | 4798 |
| 6146 | DISCO CORP | Okasan Securities | Hold | Maintained | 14000 | | 14000 | 23105 |
| 6146 | DISCO CORP | Tokai Tokyo Research Center | Hold | Maintained | 16000 | | 16000 | 23105 |
| 6146 | DISCO CORP | Morgan Stanley | Strong Buy | Maintained | 27000 | | 27000 | 23105 |
| 6146 | DISCO CORP | Jefferies | Strong Buy | Maintained | 27000 | | 27000 | 23105 |
| 6146 | DISCO CORP | Citi | Strong Buy | Maintained | 26000 | | 26000 | 23105 |
| 6146 | DISCO CORP | Mizuho Securities | Strong Buy | Maintained | 23000 | | 23000 | 23105 |
| 6146 | DISCO CORP | Nomura Securities | Strong Buy | Maintained | 27000 | ↑ | 23500 | 23105 |
| 6146 | DISCO CORP | SMBC Nikko | Hold | Maintained | 22000 | | 22000 | 23105 |
| 6146 | DISCO CORP | CLSA | Sell | Maintained | 24800 | ↑ | 23400 | 23105 |
| 6146 | DISCO CORP | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 31700 | ↑ | 29800 | 23105 |
| 6301 | KOMATSU LTD | Goldman Sachs | Hold | Maintained | 3800 | ↑ | 3500 | 3835 |
| 6305 | HITACHI CONSTRUCTION MACHINE | Goldman Sachs | Strong Buy | Maintained | 4900 | ↑ | 4600 | 4051 |
| 6323 | RORZE CORP | Ichiyoshi | | Maintained | | | | 10580 |
| 6326 | KUBOTA CORP | Goldman Sachs | Strong Sell | Maintained | 1750 | ↑ | 1650 | 2028.5 |
| 6432 | TAKEUCHI MFG CO LTD | Marusan Securities | Strong Buy | Maintained | 5300 | ↑ | 4500 | 4460 |
| 6594 | NIDEC CORP | Tokai Tokyo Research Center | Strong Buy | Maintained | 9000 | | 9000 | 7784 |
| 6594 | NIDEC CORP | Morgan Stanley | Hold | Maintained | 8350 | ↑ | 7450 | 7784 |
| 6594 | NIDEC CORP | Goldman Sachs | Strong Buy | Maintained | 9300 | ↑ | 8900 | 7784 |
| 6594 | NIDEC CORP | Credit Suisse | Strong Buy | Maintained | 10500 | | 10500 | 7784 |
| 6594 | NIDEC CORP | Citi | Strong Buy | Maintained | 9000 | | 9000 | 7784 |
| 6594 | NIDEC CORP | Mizuho Securities | Strong Buy | Maintained | 9000 | | 9000 | 7784 |
| 6594 | NIDEC CORP | Nomura Securities | Strong Buy | Maintained | 10700 | ↑ | 10000 | 7784 |
| 6594 | NIDEC CORP | SMBC Nikko | Hold | Maintained | 6500 | | 6500 | 7784 |
| 6594 | NIDEC CORP | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 8000 | | 8000 | 7784 |
| 6752 | PANASONIC HOLDINGS CORP | SMBC Nikko | Strong Buy | Upgraded | 2400 | ↑ | 1400 | 1687.5 |
| 6758 | SONY GROUP CORP | Cowen | Strong Buy | Maintained | 15100 | | 15100 | 13075 |
| 6890 | FERROTEC HOLDINGS CORP | Macquarie | Strong Buy | Maintained | 5300 | | 5300 | 3550 |
| 6988 | NITTO DENKO CORP | SMBC Nikko | Hold | Maintained | 9800 | | 9800 | 10115 |
| 7309 | SHIMANO INC | SMBC Nikko | Hold | Maintained | 25000 | | 25000 | 23970 |
| 7550 | ZENSHO HOLDINGS CO LTD | Mitsubishi UFJ Morgan Stanley | Hold | Maintained | 4300 | | 4300 | 6837 |
| 7729 | TOKYO SEIMITSU CO LTD | Goldman Sachs | Strong Sell | Maintained | 6500 | ↑ | 6000 | 7660 |
| 7735 | SCREEN HOLDINGS CO LTD | Goldman Sachs | Hold | Downgraded | 16500 | | 16500 | 15600 |
| 7741 | HOYA CORP | Goldman Sachs | Strong Buy | Maintained | 19000 | ↓ | 19300 | 15660 |
| 8035 | TOKYO ELECTRON LTD | Goldman Sachs | Strong Buy | Maintained | 24000 | ↑ | 23000 | 20450 |
| 8078 | HANWA CO LTD | Mizuho Securities | Strong Buy | New Rating | 6100 | | | 4520 |
| 8282 | K’S HOLDINGS CORP | SMBC Nikko | Hold | Maintained | 1230 | ↓ | 1260 | 1261 |
| 8306 | MITSUBISHI UFJ FINANCIAL GRO | Goldman Sachs | Strong Buy | Maintained | 1340 | ↑ | 1060 | 1071 |
| 8309 | SUMITOMO MITSUI TRUST HOLDIN | Goldman Sachs | Strong Buy | Maintained | 6500 | ↑ | 5400 | 5280 |
| 8316 | SUMITOMO MITSUI FINANCIAL GR | Goldman Sachs | Hold | Downgraded | 7200 | ↑ | 6200 | 6443 |
| 8411 | MIZUHO FINANCIAL GROUP INC | Goldman Sachs | Strong Buy | Upgraded | 2820 | ↑ | 2140 | 2245.5 |
| 8601 | DAIWA SECURITIES GROUP INC | Mitsubishi UFJ Morgan Stanley | Hold | Maintained | 650 | | 650 | 738.7 |
| 8604 | NOMURA HOLDINGS INC | Mitsubishi UFJ Morgan Stanley | Hold | Maintained | 590 | | 590 | 557.8 |
| 8905 | AEON MALL CO LTD | SMBC Nikko | Hold | Maintained | 2100 | | 2100 | 1741 |
| 9020 | EAST JAPAN RAILWAY CO | SMBC Nikko | Hold | Maintained | 8300 | | 8300 | 7769 |
| 9021 | WEST JAPAN RAILWAY CO | SMBC Nikko | Hold | Maintained | 6200 | | 6200 | 5775 |
| 9022 | CENTRAL JAPAN RAILWAY CO | SMBC Nikko | Strong Buy | Maintained | 20100 | | 20100 | 17315 |
| 9064 | YAMATO HOLDINGS CO LTD | SMBC Nikko | Strong Buy | Maintained | 2900 | | 2900 | 2603.5 |
| 9143 | SG HOLDINGS CO LTD | SMBC Nikko | Hold | Maintained | 2250 | | 2250 | 2138.5 |
| 9147 | NIPPON EXPRESS HOLDINGS INC | SMBC Nikko | Hold | Maintained | 9000 | | 9000 | 8165 |
| 9201 | JAPAN AIRLINES CO LTD | Nomura Securities | Strong Buy | Maintained | 3350 | | 3350 | 3055 |
| 9201 | JAPAN AIRLINES CO LTD | SMBC Nikko | Hold | Maintained | 2900 | | 2900 | 3055 |
| 9202 | ANA HOLDINGS INC | SMBC Nikko | Hold | Maintained | 3300 | | 3300 | 3340 |
| 9432 | NIPPON TELEGRAPH & TELEPHONE | Nomura Securities | Strong Buy | Maintained | 183 | | 183 | 163.6 |
| 9433 | KDDI CORP | Citi | Hold | Maintained | 4500 | | 4500 | 4261 |
| 9433 | KDDI CORP | Nomura Securities | Strong Buy | Maintained | 5030 | | 5030 | 4261 |
| 9434 | SOFTBANK CORP | Nomura Securities | Hold | Maintained | 1500 | | 1500 | 1539 |
| 9435 | HIKARI TSUSHIN INC | Nomura Securities | Hold | Maintained | 23000 | | 23000 | 20640 |
| 9613 | NTT DATA GROUP CORP | Nomura Securities | Strong Buy | Maintained | 2500 | | 2500 | 1951.5 |
| 9715 | TRANSCOSMOS INC | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 6000 | | 6000 | 3430 |
| 9735 | SECOM CO LTD | Mitsubishi UFJ Morgan Stanley | Hold | Maintained | 9200 | | 9200 | 9214 |
| 9983 | FAST RETAILING CO LTD | Nomura Securities | Hold | Maintained | 34000 | ↑ | 33000 | 34160 |
| 9984 | SOFTBANK GROUP CORP | Nomura Securities | Strong Buy | Maintained | 7860 | | 7860 | 6998 |
| | | | | | | | | |
| | TSE Growth | | | | | | | |
| Code | Name | Firm Name | Weighting | Change | New TP | | Former TP | px last |
| 3671 | SOFTMAX CO LTD/JP | Sadif Investment Analytics | Strong Buy | Upgraded | 902.6 | ↑ | 693.28 | 730 |
| 4490 | VISASQ INC | Tachibana Securities | Hold | Downgraded | | | | 1193 |
| 4584 | KIDSWELL BIO CORP | Sadif Investment Analytics | Strong Sell | Downgraded | 166.25 | ↓ | 720.455 | 210 |
| 4593 | HEALIOS KK | Jefferies | Hold | Maintained | 280 | | 280 | 280 |
| 4593 | HEALIOS KK | SBI Securities Co Ltd | Hold | Maintained | 370 | | 370 | 280 |
| 6072 | JIBANNET HOLDINGS CO LTD | Sadif Investment Analytics | Strong Buy | Upgraded | 189.53 | ↑ | 91.127 | 142 |
| 7685 | BUYSELL TECHNOLOGIES CO LTD | Mitsubishi UFJ Morgan Stanley | Strong Buy | Maintained | 7400 | | 7400 | 5140 |