Japanese shares rose on Monday, driven by China’s measures to boost consumption and incomes. The Nikkei 225 increased 1.09% as investors anticipated further details following pledges to ease credit terms. In corporate news, Sekisui House is acquiring shares in Tsuchiya Holdings, Eisai plans to procure EcoNaviSta, and Asanuma raised its dividend forecast.

Japanese shares experienced an upward trend on Monday following the announcement of consumption-boosting measures by China’s State Council. These measures aim to raise incomes and increase childcare subsidies. The Nikkei 225 index rose by 1.09%, accumulating 404.62 points to close at 37,457.72.

In addition to these measures, China’s financial regulator has pledged to ease consumer credit terms and provide long-term financial support. Investors are eagerly anticipating further insights from an upcoming press conference featuring top officials. Additionally, China’s industrial output demonstrated significant growth, increasing by 5.9% year-on-year in the first two months of 2025, exceeding expectations.

Several corporate movements are noteworthy: Sekisui House (1928) plans to acquire 1.59 million shares of Tsuchiya Holdings, representing 6.15% of voting rights, by March 31. This acquisition will be executed partially through ToSTNeT-1 and a third-party allotment.

Notably, Eisai (4523) intends to procure EcoNaviSta (5585) through a tender offer set at 2,190 yen per share, reflecting a premium of 37.65% to 46%. Major shareholders, including Cocoa Asset Co, Hulic, and Tokyo Gas, who collectively hold 45.84%, have consented to tender their shares.

Lastly, Asanuma (11852) has adjusted its final dividend forecast for the fiscal year ending March 31, increasing it from 20 yen to 22 yen, resulting in an annual payout of 37 yen. This is a decrease from last year’s dividend of 40.60 yen, which was adjusted for a five-to-one stock split.

In summary, Japanese shares have risen due to China’s new consumption-boosting policies, reflecting a positive outlook on economic growth. Noteworthy corporate activities include Sekisui House’s share acquisition, Eisai’s tender offer for EcoNaviSta at a significant premium, and Asanuma’s raised dividend forecast. These developments highlight increased investor confidence amid favorable economic indicators from China.

Original Source: www.tradingview.com

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