MISUMI Group’s upward revision to its earnings forecasts and target price increase, Fujitsu’s launch of a new cyber defence service, KDDI’s establishment of a new company to promote physical AI, e-Seikatsu’s revenue trends, FANUC’s target price increase and ELEMENTS’ introduction of its online identity verification service were reported.
MISUMI Group Inc. was reported to have raised its operating profit forecast for the fiscal year ending March 2027 from ¥58.0 billion to ¥70.0 billion and for the fiscal year ending March 2028 from ¥64.5 billion to ¥76.0 billion, based on Morgan Stanley MUFG Securities’ assessment. The main factors cited were volume effects, an improved product mix and an upside from foreign exchange movements, while the strength of demand related to Chinese telecommunications was also noted. The Overweight investment rating was maintained, and the target price was raised from ¥4,400 to ¥4,700. The stock’s subsequent performance is attracting attention. Follow-up coverage is expected to focus on trends in AI-related and semiconductor-related demand and the trajectory of ROE.
Fujitsu announced that it would begin providing a new solution to help companies enhance their cyber defence capabilities, and the stock showed resilience. The new service combines ASM, which continuously monitors IT assets and vulnerabilities on the internet, with CTI, which analyses threat intelligence, and is planned to be expanded in stages around the Cyber Security Nerve Center.
KDDI announced that it had established the new company ELYZA Robotics to promote physical AI and had commenced operations on 1 October 2026. Through the establishment of a CoE, the company plans to lead foundation model development, invest ¥30 billion in research and development by fiscal 2029, and build a specialist organisation of more than 300 people, with the aim of introducing more than 1,000 robots at worksites by fiscal 2030.
e-Seikatsu announced that consolidated revenue for September was a preliminary ¥250 million, down 3.9% year on year, while subscription revenue was ¥240 million, up 5.9% year on year. The stock traded in a range.
Marusan Securities raised FANUC’s target price from ¥8,700 to ¥9,200, citing strong orders for AI data centres and humanoid robots, and maintained its Buy rating. Collaboration with Hitachi, NVIDIA, Google, AWS and Fujitsu was also cited as a positive factor.
ELEMNTS extended its afternoon gains and announced that it would introduce LIQUID eKYC for identity verification when members and supporters register with the Democratic Party for the People. The company is reportedly aiming to establish a highly reliable identity verification platform and provide voting support in future elections.