The Nikkei rose for a fifth straight day as semiconductor-related stocks became more active, while Asahi Intecc raised its medium-term plan target following strong results and Kioxia’s share price also surged.
The Nikkei Stock Average rose for a fifth straight day, supported by gains in semiconductor memory-related stocks. Preliminary domestic GDP showed real annualized growth of 1.1% from the previous quarter, remaining in positive territory but falling short of market expectations.
Asahi Intecc reported operating profit of ¥45.2 billion for the fiscal year ending June 2026 and forecast ¥52.1 billion for the fiscal year ending June 2027, while raising its operating profit target for the fiscal year ending June 2030 from ¥50.4 billion to ¥68 billion. Ebara Corporation left its earnings forecast unchanged, while ULVAC’s plan fell short of market expectations. Kioxia Holdings rose 15%.
In addition to the Nikkei, movements in the growth stock index and the Dow Jones Industrial Average and Nasdaq were reported, with US corporate earnings announcements scheduled later in the week. Earnings announcements from major retailers are scheduled for this week.
Against a backdrop of recovering demand for semiconductor-related products, attention is focused on the Nikkei’s market performance and trends in memory-related stocks.
The main information sources cited in the article are Asahi Intecc’s earnings and revisions, Kioxia’s share-price performance, and movements in the Nikkei and the preliminary GDP figure.