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HIOKI E.E. hits daily limit high on 28% Q1 operating profit growth
HIOKI E.E. <6866> remained locked at its daily limit high, with a buy indication at 9,730 yen, up 1,500 yen from the previous close. After the market close on April 15, the company announced consolidated financial results for the first quarter (January-March). Sales rose 16.0% year-on-year to 11,386 million yen, while operating profit increased 27.8% to 2,306 million yen. Orders received jumped 25.3% to 12,279 million yen, drawing buyer interest. The electronic measuring instruments segment drove growth in both orders and sales.
In electronic measuring instruments, sales of resistance and LCR meters expanded as production of electronic components such as power inductors increased, fueled by rising server demand from data center expansion. Battery testers also performed strongly, particularly for system integrators, amid continued large-scale investment in energy storage systems (ESS) to support data centers and the integration of renewable energy sources. For the full year ending December 2026, Hioki forecasts operating profit of 7,680 million yen, up 13.1% year-on-year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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