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HORIBA extends winning streak to 7 days, reaching new highs after raising full-year earnings forecast based on semiconductor order trends

Fri May 15, 2026 9:37 am JST Catalyst

HORIBA, Ltd. <6856> surged to a new high, extending its winning streak to seven consecutive sessions. After the market close on the 14th, the company announced its first-quarter results and raised its full-year earnings forecast for the fiscal year ending December 2026. HORIBA increased its sales guidance to 373 billion yen from 345 billion yen, up 12% year-on-year, and its operating profit forecast to 68 billion yen from 56 billion yen, up 28.2%, attracting strong interest from Retail Investors.

The upward revision reflects robust semiconductor order trends and updated foreign exchange assumptions. HORIBA revised its assumed exchange rates to 155 yen per U.S. dollar, up from 145 yen, and 180 yen per euro, up from 175 yen. These factors significantly boosted the outlook for the Materials & Semiconductor segment.

For the January-March period, sales totaled 84.529 billion yen, up 17.6% year-on-year, and operating profit reached 12.48 billion yen, up 6.2%. The Energy & Environment segment led growth as the cooling demand for electric vehicles (EVs) drove a resurgence in orders for internal combustion engine (ICE) measurement and other automotive products. While the Materials & Semiconductor segment saw higher revenue, profit was hampered by costs related to the startup of new manufacturing facilities.

Source: MINKABU PRESS

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

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