Among the main morning developments, reports covered several stocks' earnings and business trends, including Kioxia HD's limited upside due to weak supply and demand conditions and Fujikura's start of mass production of optical-fibre cables at its Moroccan site.
Kioxia Holdings saw buying and selling intermingle, while its upside remained limited because of weak supply and demand conditions. The company is popular with retail investors and has a high balance of margin purchases under the system margin-trading programme, so even the previous day's gains in US high-tech stocks did not lead to a meaningful rebound.
Fujikura announced that its Moroccan group company was establishing a full-scale mass-production system for optical-fibre cables, with full-scale operations scheduled to begin in August 2026. Using its existing site, it will produce a new slim, high-density optical-fibre cable incorporating SWR, with the aim of shortening supply lead times to Europe, the Middle East and Africa.
Argo Graphics reported first-half operating profit of ¥5.22 billion, up 3.6% year on year, supported by firm semiconductor demand and continued investment related to automobiles. Its full-year operating-profit forecast was unchanged at ¥10.30 billion.
Business Coach maintained its first-half earnings outlook and forecast higher full-year profit by stepping up marketing investment in the second half.
AISAN TECHNOLOGY CO.,LTD. signed a joint-research agreement with Meiji University's ELSI institute toward the social implementation of autonomous driving, covering issues including accident response, legislation, insurance and compensation.
Atom announced a return to first-half operating profitability. Improved store-operation efficiency and appropriate control of selling, general and administrative expenses contributed.