Fuso Chemical has gained against the market on growing demand for ultra-high-purity colloidal silica for AI semiconductors. The recovery from the bottom range has become more pronounced since the middle of this month, with a golden cross forming between the 5-day and 25-day moving averages.
Fuso Chemical's share price has strengthened its recovery from the bottom range since the middle of this month, forming a golden cross between the 5-day and 25-day moving averages. The stock has risen for 5 consecutive sessions despite continued broad-based declines.
The company is recognized by the market as a leading global supplier of ultra-high-purity colloidal silica, which is in strong demand as a polishing material for semiconductors, while also being one of the world's leading producers of fruit acids.
There is a view that special demand for advanced AI semiconductors and strong earnings growth will continue. Operating profit for the fiscal year ending March 2027 is expected to rise 29% year on year to ¥24.3 billion, setting a new record, although some reports say there are also expectations for an upward revision.