Stocks on the move (closing): ANRITSU CORPORATION, TECNISCO, GVA TECH,Inc. and others

ANRITSU CORPORATION <6754> - Surged as investor interest shifted toward the company, seen as a relative laggard, amid profit-taking in some AI and semiconductor-related stocks. A strategist at a mid-sized securities firm noted, "Today, Furukawa Electric Co., Ltd. <5801>, which had led gains among optical fiber-related stocks, saw a sharp sell-off apparently from overseas players. It appears that some funds are rotating into ANRITSU, which has lagged in the optoelectronics space tied to AI infrastructure." The stock had pulled back more than 10% from its record high of 4,855 yen touched on June 3, making valuations attractive. The boom in AI data center construction is driving explosive growth in demand for ultra-high-speed, large-capacity communications, boosting demand for ANRITSU's optical transceivers and providing a solid buying rationale. For the fiscal year ending March 2027, the company forecasts an operating profit of 20 billion yen, up 35% year on year - a target widely seen as conservative, with analysts pointing to room for a substantial upward revision. Additionally, the company recently unveiled its next-generation vector network analyzer (VNA) at IMS 2026 in Boston, held June 7-12, targeting aerospace and semiconductor applications.

TECNISCO, LTD. <2962> - Briefly hit its daily limit. The company makes heat sinks for optical communications and power semiconductors. An operating loss was reported for the first nine months of the fiscal year ending June 2026 due to the withdrawal from unprofitable industrial laser heat sink products in China, though gross profit margins improved. For its proprietary Silver Diamond material, multiple projects have progressed from sample evaluation to prototype orders, with rising inquiries from U.S. tech companies for generative AI and high-end CPU applications. Strong expectations for data center adoption have accelerated fund inflows since mid-June. Four consecutive sessions of gains through the previous day reinforced rebound momentum, sustaining buying interest.

GVA TECH,Inc. <298A> - Moved higher. Around 10:00 a.m. on June 23, the company announced a business partnership with Daiichi Hoki (Minato-ku, Tokyo) and FRAIM (Shibuya-ku, Tokyo) to develop legal document preparation tools for attorneys, attracting buying interest. The partnership integrates GVA TECH's AI drafting tool "BenPal Shormen Sakusei," Daiichi Hoki's legal database "D1-Law.com Hanrei Taikei," and FRAIM's Word add-in "Suguraku" to enable end-to-end document preparation without switching tools. The companies plan sales collaboration and mutual customer referrals, with the integrated service scheduled for launch this autumn.

Nulab Inc. <5033> - Rebounded sharply for the first time in three sessions to hit a new high. The company provides corporate project management tools. A sharp earnings recovery is expected for the fiscal year ending March 2027, driven by growing demand for its AI-equipped tools. Management forecasts an operating profit of 650 million yen, up 84% year on year, which many observers view as conservative. After the close on June 22, Nulab announced a medium-term plan targeting an operating profit of 1.8 billion yen for the fiscal year ending March 2029 - more than five times the prior year's result - a level seen as a compelling draw for investment capital.

SMK Corporation <6798> - Entered a rebound phase amid thin selling pressure. The electronic device maker is showing signs of an earnings recovery while maintaining a dividend yield exceeding 3%. Active asset management fund fundnote raised its stake in the company to 9.80% from 8.72%, according to a regulatory filing on June 22. The fund stated the holding is for investment trust management, aiming to improve corporate value through constructive dialogue. However, fundnote noted it may engage in "significant proposal activities" if necessary, fueling speculation about corporate governance improvements and lifting the stock price.

HPC SYSTEMS Inc. <6597> - Rose on speculative interest. U.S. President Donald Trump signed an executive order on June 22 to promote quantum computing and protect government systems from cyberattacks. The move drew speculative funds into quantum computing-related stocks, including HPC SYSTEMS, a provider of high-performance computing solutions.

*This article may contain unverified information. All investment decisions should be made at your own discretion and risk.

Source: MINKABU PRESS

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