This weekly newsletter pulls together summaries of the top ten most-read Insights across Tech Hardware and Semiconductor on Smartkarma.
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1. SMC (6273 JP): Share Price Chasing Orders Up
- Results for the nine months through December were not impressive, but semiconductor and other electronics industry orders jumped nearly 40% in December-January.
- FY Mar-26 guidance was unchanged with operating profit dropping 3.8% on a sales growth of only 3.0%, but sales should grow more rapidly and margins rise starting next fiscal year
- At the February 18 close, SMC’s share price was up 24% year-to-date and up 53% in the past six months, largely discounting the upturn in orders.
