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Tokyo Brief東 京 ブ リ ー フJapan's day, wrapped and delivered by morning.

Japan Electronics Company News (Page 3)

Earnings, deals and disclosures from Japan's listed electronics companies, in English.

  1. FANUC lifts full-year operating profit forecast 10.4% and authorizes buyback of up to ¥50bn

    FANUC raised its full-year net profit forecast to ¥228.3bn after first-half operating profit rose 35.7%, lifted its interim dividend to ¥72.54 a share and authorized buybacks of up to ¥50bn through April 2027.

  2. PowerX says 99.2% production progress is inventory-based, not a shipment rate

    PowerX says production is on plan and its 99.2% progress figure counts built inventory, not shipments or revenue, while it describes the Hokkaido plant's move to July 2028 as a capital-efficiency decision rather than a production problem.

  3. Effissimo raises Tamron stake to 18.90%, leaves door open to more buying

    Effissimo Capital Management reports an 18.90% Tamron holding, up from 18.54%, and says it has no specific plan to add more than 5 percentage points, though takeover proposals including Sony's could lead it to buy more.

  4. Olympus says FDA import alerts will not dent its profit guidance

    Olympus expects no additional hit to results for the year to March 2027 from FDA import alerts that restrict certain products from three of its facilities from entering the US until further notice.

  5. Ferrotec to take control of loss-making Chinese chip-parts maker AMTD

    Ferrotec will pay 150mn yuan (about ¥3.6bn) in cash for a 46.7% stake that lifts its holding in Chinese showerhead maker AMTD to 67.6%, with the transfer planned for 30 November; AMTD lost ¥352.1mn at the operating level in the year to March 2026.

  6. Nidec panel says nine ex-officers are liable to the company, leaves the sum to a court

    Nidec's liability committee found nine former officers liable and counted ¥22.2bn of investigation costs among the company's losses, but did not apportion damages. Nidec says it is still considering whether to sue.

  7. Mitsubishi Electric agrees to sell 51% of its power distribution equipment business to ABB for ¥82.4bn

    Mitsubishi Electric will keep 49% of its distribution and control equipment business after a planned ¥82.4bn sale of 51% to ABB's Japanese unit, with completion targeted for October 2027 pending antitrust and other approvals.

  8. Koito moves to close Hubei lamp subsidiary, the second of its three China units to go

    Koito Manufacturing has resolved to dissolve and liquidate its wholly owned Hubei car-lighting maker, citing the EV shift, local Chinese rivals and weaker sales at its Japanese carmaker customers, while calling the earnings hit minor.

  9. OXIDE books first-half record chip orders, adds Faraday-rotator spend, cuts healthcare outlook

    OXIDE's semiconductor unit booked a first-half record ¥3.456bn of orders and the company committed another ¥841mn to Faraday-rotator capacity, while healthcare, hit by raw-material costs, carries a sharply lower forecast.

  10. Mitsubishi Electric agrees to sell half its auto unit to Hon Hai's investment arm, with a ¥100bn impairment due

    Mitsubishi Electric has agreed to sell 50% of its auto-equipment subsidiary to Hon Hai's investment arm for ¥115bn, with closing planned for October 2027 and a ¥100bn impairment expected in the year to March 2027.

  11. Nidec receives officer-liability report and will weigh damages claims next

    Nidec has the committee report on whether current and former officers are legally liable for its accounting misconduct; the notice gives no findings, promises a redacted version later, and says damages claims will be deliberated next.

  12. Mani's China diamond-bar rebound lifts operating profit 21%

    Mani's operating profit rose 21.4% to ¥9.94bn as diamond-bar sales in China returned to 88% of pre-recall levels in the first year back, ahead of the company's own two-year recovery goal.

  13. HIOKI's orders rose 40% in nine months, but parts shortages hold back sales

    HIOKI's nine-month orders rose 40.0% against 22.8% for sales, with automatic test equipment orders more than doubling, and the company says component shortages are delaying deliveries while it holds its full-year guidance.

  14. Luxshare's ¥795 offer for Seed succeeds, but delisting still needs a second step

    Holders tendered 13.1mn shares, enough to complete Luxshare's ¥795 offer for Seed, but the bidder will hold 43.29% of the votes after October 20 settlement and still plans a squeeze-out and delisting.

  15. Olympus gets FDA warning letter covering six sites, says no recall or production limit

    Olympus says an FDA warning letter on quality-system findings at six facilities does not limit production or sales or require a recall, and that it will respond within 15 business days.

  16. Tokyo Electron has spent nearly all of its ¥150bn buyback budget on a third of the authorized shares

    Tokyo Electron had bought ¥149.999bn of stock against a ¥150bn board ceiling by the end of September, yet only 2,443,900 of the 7.5mn authorized shares, and the purchase window runs to March 2027.

  17. Omron agrees $675mn deal for industrial PC maker OnLogic

    Omron will pay $675mn on an enterprise-value basis, mainly from cash on hand, for Vermont-based OnLogic and its parent, which sells made-to-order industrial PCs directly to customers, mostly outside Japan.

  18. Yaskawa's half-year sales rise 9.8% on data-centre demand while system migration cuts operating profit

    Yaskawa's half-year sales rose 9.8% on data-centre and semiconductor demand, but operating profit fell 5.5% after a core-system migration, higher indirect costs and European restructuring; full-year sales guidance rose to ¥600bn while operating profit guidance fell to ¥57.5bn.

  19. IRISO Electronics Details Reused Test Data and Early Sales Booking, Then Forecasts Lower Profit

    IRISO Electronics says its investigation found test reports built on past data and revenue booked before shipment, and it forecasts operating profit down 35.6% to ¥3.5bn for the year to March 2027 as remediation costs rise.

  20. Terumo ends CSL Plasma supply deal and cuts profit guidance by 38%

    Terumo expects about $610mn of losses from ending its CSL Plasma supply contract, cutting its operating profit forecast to ¥160bn from ¥257.5bn while leaving adjusted operating profit at ¥274.5bn.

  21. Sincere Lends Its Parent ¥1bn Again, at a Fixed 8% Until 29 December

    Sincere will lend its controlling shareholder ¥1bn unsecured at a fixed 8.0% for short-term factoring funding, due 29 December, after the parent repaid July's loan in full and Sincere's independent directors backed the new terms.

  22. Ikegami Tsushinki postpones interim results as cyberattack leaves accounting servers isolated

    Ikegami Tsushinki has postponed its 12 November interim results after isolating accounting servers following unauthorized access, saying full system recovery will take time and that it will announce a new date once one is decided.

  23. Effissimo lifts Tamron stake to 18.54%, says takeover proposals could drive more buying

    Effissimo Capital Management now holds 18.54% of Tamron, up from 17.38%, and says price, liquidity and takeover proposals, including Sony's, could lead it to raise the ratio by more than 5 points, though it has no concrete plan to.

  24. Fujitsu has spent ¥32.82bn of its ¥150bn buyback, a fifth of the way in

    Fujitsu spent ¥10.87bn on its own shares in September, taking cumulative buyback spending to ¥32.82bn, or 21.9% of the ¥150bn authorization that runs to 31 March 2027.

Japan Electronics Company News (Page 3) | Tokyo Brief