JPX Equity Snapshot

3948 Weekly Equity Report

Hikari Business Form Co., Ltd.

Latest Close 1,126 JPY 12 Jun 2026
1W Return -1.4% latest completed week
4W Return -2.2% short-term follow-through
12W Return -4.6% quarterly tape
Trend Breadth 69.2% 36 of 52 weeks active
Volume Ratio 0.7x vs 13-week average
Company Brief

What the company does

Hikari Business Form Co., Ltd. provides printing services in Japan. The company offers web solutions, including web and electronic form, SMS/email delivery, and website construction; data print processing services comprising full-color variable and address printing, cards, and barcode outputs; mailing services, such as enclosed and sealed, inspection equipment/check, matching, matching, and categorization, and post office delivery; business process outsourcing services consisting of application form receptions, survey results, my number reception, and year-end tax adjustments; and business form printing services for invoice, pressure-sealed postcards, seals and labels, environmentally friendly products. It also provides planning, production, commercial …

Snapshot

What the weekly tape is saying

3948 closed the latest completed week at 1,126 JPY. The 4-week return is -2.2% and the 12-week return is -4.6%. Trend Signal is inactive, Market Dynamics is -1.10. Setup signature: Risk-first tape with a 32/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -8.0%
Volume 0.7x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 38 Persistence of active Trend Signal over the last year and current streak.
Momentum 41 Blend of 4-week and 12-week follow-through.
Dynamics 31 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 0 Relative leadership and short-term RS change.
Volume 30 Participation compared with the 13-week volume baseline.
Risk Control 53 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
1,224 JPY
Vs Trend Line
-8.0%
Fair Value
934.8 JPY
Vs Fair Value
20.5%
52W High
1,390 JPY
52W Low
940.0 JPY
Drawdown
-19.0%
Range Position
41.3%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -1.4%
4W -2.2%
12W -4.6%
26W -11.0%
52W 5.8%

Trend read

Active Streak
0 weeks
52W Active Weeks
36
52W Active Breadth
69.2%
Sector Scope
JP Industrials
Sector Rank
546 of 995
Sector Percentile
45.2%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
-1.10
4W MD Change
10.2%
Relative Strength
-30.54
4W RS Change
-18.7%
Expectation
Undecided
Probability
49.15%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
13.0K
13W Average
18.2K
52W Average
24.0K
Vs 13W
0.7x
Vs 52W
0.5x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
1.3%
52W Volatility
3.3%
Upside Weeks
22
Downside Weeks
30
Downside Breadth
57.7%
Avg Gain / Loss
2.6% / -1.6%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
JPX
Country
JP
Sector
Industrials
Industry
Specialty Business Services
Currency
JPY
Market Cap
6.2B

Opportunity signals

  • Price is above Fair Value, showing premium demand versus the model.

Risk signals

  • Trend Signal is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Market Dynamics is negative, which weakens the current setup.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 1,126 JPY -1.4% 1,224 JPY 934.8 JPY -1.10 -30.54 13.0K Off
5 Jun 2026 1,142 JPY -1.4% 1,228 JPY 931.8 JPY -1.09 -30.76 12.4K Off
29 May 2026 1,158 JPY -1.4% 1,231 JPY 928.8 JPY -1.09 -29.99 8.8K Off
22 May 2026 1,174 JPY 2.0% 1,234 JPY 925.6 JPY -1.16 -26.15 30.4K Off
15 May 2026 1,151 JPY -2.3% 1,237 JPY 922.2 JPY -1.22 -25.74 116.0K Off
8 May 2026 1,178 JPY -0.6% 1,239 JPY 919.0 JPY -1.26 -25.96 2.1K Off
1 May 2026 1,185 JPY -1.3% 1,242 JPY 915.6 JPY -1.31 -22.02 10.4K Off
24 Apr 2026 1,201 JPY 1.4% 1,245 JPY 912.1 JPY -1.42 -21.67 6.9K Off
17 Apr 2026 1,184 JPY 0.3% 1,248 JPY 908.5 JPY -1.45 -21.56 11.3K Off
10 Apr 2026 1,180 JPY 1.4% 1,250 JPY 905.0 JPY -1.55 -20.15 5.0K Off
3 Apr 2026 1,164 JPY -0.5% 1,254 JPY 901.5 JPY -1.55 -15.80 3.4K Off
27 Mar 2026 1,170 JPY -0.8% 1,257 JPY 898.3 JPY -1.38 -15.84 13.9K Off
20 Mar 2026 1,180 JPY -0.9% 1,259 JPY 895.1 JPY -1.24 -15.13 2.5K Off
13 Mar 2026 1,191 JPY -2.5% 1,262 JPY 891.8 JPY -1.11 -14.94 8.3K Off