Daily Brief Japan: Hitachi Ltd, Mitsubishi Logisnext Co., Ltd., Unerry and more

• An agreement to supply OpenAI with energy-saving electric power equipment should be accretive to Hitachi’s sales and profits as long as the AI boom continues.
• Hitachi is also building an “AI Factory” based on Nvidia technology. This should accelerate the growth of Hitachi’s Lumada digital services platform, also boosting sales and profits.
• Hitachi’s share price jumped 10.3% on the OpenAI news. Data center news flow and AI sentiment now drive the share price. 

• A weekly summary of key developments across ECM and Event-Driven names tracked by us across Hong Kong, Australia, New Zealand, Singapore, Japan, Indonesia, Malaysia, Thailand, Korea, India and Chinese ADRs.
• ECM developments: Tekscend Photomask (429A JP), Tata Capital Limited (TATACAP IN) and LG Electronics India (123D IN) IPOs.
• Event-Driven developments: Soft99 Corp (4464 JP), Daiseki Eco. Solution (1712 JP), I Net Corp (9600 JP), Mitsubishi Logisnext Co., Ltd. (7105 JP), Hangzhou Kangji Medical Instrument Co., Ltd. (9997 HK). 

Key points (machine generated)

• Unerry reported a 31.4% increase in sales to 3,726 million yen and a 74.2% rise in operating profit to 311 million yen for the fiscal year ending June 2025.
• The company’s ordinary profit surged by 133.4% to 315 million yen.
• Unerry enhances user experience through its Beacon Bank® platform, focusing on data analysis, behavior change, and personalized marketing.

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