Akatsuki Corp.

On the Tokyo stock market on August 31, the Nikkei average fell, closing at 66,311.93 yen, down 93.63 yen from the previous day. Following the sell-off in the U.S. market last Friday due to concerns about early interest rate hikes, the domestic market also saw selling from the morning, with the decline temporarily exceeding 1,000 yen. Amid this, Nippon Ichi Software announced an upward revision to its full-year earnings forecast, citing contributions from 'Hono Kurashi no Niwa,' which was well received, and the stock was bought up to a temporary limit-up. GungHo announced a capital and business alliance with Sony Music Entertainment (SME), with SME expected to become the largest shareholder, attracting interest and leading to a continued rise. Akatsuki also continued to rise, as Tokai Tokyo Securities maintained its 'Outperform' rating and raised its target price from 3,820 yen to 5,460 yen. U-NEXT HD rebounded after its group company U-NEXT concluded a comprehensive and strategic partnership with NBCUniversal in Japan.

The Tokyo stock market rose for a third straight day on August 13, with the Nikkei Stock Average closing at 68,308.59, up 784.53 points from the previous trading day. In the game and entertainment sector, decliners outnumbered gainers among the 99 registered stocks, with 42 rising and 50 falling. Mobile game maker Akatsuki rebounded after swinging to an operating profit of 690 million yen in its first quarter results. Tokyo Tsushin Group surged after posting double-digit profit growth in all three segments in its second quarter results. Nippon Ichi Software rose for a fifth consecutive day on the announcement that its new title Village in the Shade will be released on October 27. Meanwhile, Cover fell after reporting a sharp profit decline in its first quarter results.