Nippon Ichi Software rebounds on strong new release; Konami and Celsys see profit-taking

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Summary · why it matters

On the Tokyo stock market on July 31, Nippon Ichi Software rebounded even as 52% of 96 game and entertainment-related stocks declined, outpacing the 41% that rose. The strong performance of its new title 'Hono Kurashi no Niwa' on the Steam rankings was seen as a positive factor. Meanwhile, Konami Group fell for the first time in five days despite posting record first-quarter results, as its full-year forecast was left unchanged. Celsys also declined after a four-day winning streak, as its second-quarter earnings and upward revision to full-year guidance were seen as already priced in.

Impact on assets 3

Communication Services▲
Cloud & Digital Infrastructure▼
KONAMI Group Corporation
9766
▼ NegativeCapitalrelevance

Fell despite record first-quarter results as full-year forecast was left unchanged, triggering profit-taking.

Information Technology▼
CELSYS, Inc.
3663
▼ NegativeCapitalrelevance

Second-quarter earnings and upward revision to full-year guidance were seen as already priced in, leading to profit-taking.