In trading during the morning session on the 5th, supply-demand conditions likely to concentrate funds in semiconductor and AI-related stocks were in focus, and the session was expected to begin with a gap higher. Opto Elect's Q3 results and Sumitomo Corporation's renewable-energy investment were key points of interest.
Japan's stock market on the 5th was expected to open with a gap higher, with the Nikkei 225 likely to trade with a recovery to the ¥70,000 range in focus. Overseas, expectations were widespread that fund rotation into semiconductor and AI-related stocks would continue against a backdrop of higher US equities. Nikkei futures were trading higher in the morning session, and some expected stronger upward pressure on the market.
Opto Elect's consolidated results for the third quarter of the fiscal year ending November 2026 showed sales of ¥4,843 million and an operating loss of ¥128 million. Domestic sales rose sharply year on year on orders from large customers, while sales in the US fell substantially owing to inventory adjustments and delivery delays.
Sumitomo Corporation said it plans to invest ¥50 billion in India to expand renewable energy, including the installation of power plants and storage batteries. This is expected to stimulate renewable-energy investment in India, drawing attention to the energy sector.
Factors supporting the US market, including gains in the Dow Jones Industrial Average, firmness in the Nasdaq and a rise in the SOX Index, were cited as points to watch in the morning session. Upward pressure led by futures may continue, centered on semiconductor and AI-related stocks.