Morning-session factors in focus included a target-price increase for アルプスアルパイン, expanded CMP slurry facilities at 富士フイルム, the adoption of ショーケース's identity verification service, a target-price cut for トヨタ紡織, the start of geothermal demonstration activities by 新日科学 and a gain on the sale of securities by ノーリツ.
Entering the 10 a.m. hour, reports said that SMBC Nikko Securities had raised its target price for アルプスアルパイン to ¥2,370, incorporating changes to its foreign-exchange assumptions and the pass-through of raw-material costs, while forecasting continued uncertainty in the external environment. Sales of new automotive products are scheduled to focus on the second quarter of the fiscal year ending March 2027, but the market is expected to continue monitoring developments.
On the same day, 富士フイルムホールディングス announced plans to establish and expand CMP slurry production facilities at its Mesa, Arizona production site, with a total investment of approximately ¥3 billion to support multi-product production. The company aims to link global development achievements to mass production more quickly and accelerate its mass-production capabilities and business expansion.
ショーケース announced that its ProTech ID Checker had been adopted for identity verification for トレミール's mobile-device rental service, and the stock showed buy indications at the limit-up price. The adoption was viewed positively because it would enable a new identity-verification process without requiring major website modifications.
Meanwhile, トヨタ紡織's target price was cut by Tokai Tokyo Securities from ¥2,430 to ¥2,270, with the broker noting that improvement in earnings momentum and a re-rating of the share price would take time. While domestic production remains firm and North American demand could recover, the outlook for China also needs to be reassessed, according to the view presented.
新日本科学 was reported to have begun demonstration drilling in earnest for next-generation geothermal power-generation technology jointly with Mitsui Fudosan and Japan New Energy, aiming for Japan's first commercialisation. The project is expected to develop a model that supports regional industry while limiting environmental impacts.
ノーリツ announced that it would sell part of its securities holdings and expects to record a gain on sale of approximately ¥2.6 billion as extraordinary income. The sale is scheduled for October to December 2026, with the proceeds intended to improve asset efficiency and fund growth investment.