In the morning-session focus stock digest, FreakOut Holdings, Broad Enterprise, KOKUSAI and Oxide announced earnings revisions or capital and business alliances. Morinaga Milk Industry and Lintec also rose, while Carbide released its first-half results and raised its full-year forecast.
Broad Enterprise raised its full-year earnings forecast and dividend forecast, increasing consolidated net sales to ¥12.600 billion, ordinary profit to ¥1.210 billion and the year-end dividend to ¥24.41.
FreakOut Holdings revised its full-year consolidated earnings forecast for fiscal 2026, raising net sales to ¥56.704 billion and ordinary profit to ¥1.876 billion, while some profit factors are expected to weigh on earnings. Investment gains are expected to increase on the strength of IRIS’s performance.
Oxide announced a capital and business alliance with JX Metals and a third-party allotment, raising approximately ¥2.7 billion. It will invest in manufacturing equipment for Faraday rotators to meet growing demand for optical communications materials for AI data centers.
KOKUSAI announced its second-quarter results, with operating profit for July–September of ¥20.9 billion, up 60.8% year on year. The full-year forecast remains ¥79.4 billion, while the company expects sales growth next fiscal year.