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Morning Movers (21st): NS TOOL, Rigaku Holdings, OXIDE

Tue Apr 21, 2026 11:32 am JST Catalyst

NS TOOL CO., LTD. <6157> attracted strong buying interest after the specialized cutting tool manufacturer boosted its fiscal year ending March 2026 guidance. Announced after the close on 20th, the company raised its revenue forecast to 9,494 million yen and its operating profit target to 1,959 million yen, marking an 11% year-on-year increase. The shift from a projected decline to double-digit profit growth provided a positive surprise, fueled by robust semiconductor-related demand from the AI data center sector. Improved profit margins resulting from top-line scale merits also contributed to the upward revision.

Rigaku Holdings surged to its daily limit, hitting a new year-to-date high and snapping a six-day losing streak. The company entered into a capital and business alliance with U.S.-based Onto Innovation to co-develop metrology solutions for next-generation semiconductors. As part of the deal, Atom Investment will sell a portion of its stake to Onto Innovation, making the U.S. firm the largest shareholder with a 27.00% voting stake by the second half of this year. Rigaku aims to tap into at least 300 million dollars in new market opportunities by 2030 through this partnership.

OXIDE Corporation <6521> saw a spike in buying interest, briefly touching its daily limit. The rally followed the 20th announcement that the firm was selected as the inaugural member of the Supply Chain Partnership Program by Quantum Denmark. As an international hub under Denmark's national strategy, the organization offers Oxide a strategic gateway to the European quantum ecosystem. The company intends to utilize this partnership to accelerate the industrialization and social implementation of its quantum technologies across Europe.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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