Research Coverage of Japanese Listed Companies, Shared Research Inc

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Research Coverage of Japanese Listed Companies

Shared Research Inc

Pioneering research coverage of Japanese listed companies. Now customizable and interactive for global institutional investors. Corporate access reimagined.

Equity Bottom-Up

Harmonic Drive Systems / Equity Bottom-Up

<ul><li>FY03/26 sales were JPY59.6bn (+7.0% YoY), with increased sales in industrial robots and semiconductor equipment, but automotive sales declined.</li><li>FY03/27 forecasts sales of JPY68.0bn (+14.2% YoY), with significant growth in operating and recurring profits, and net income.</li><li>New medium-term plan targets JPY100.0bn revenue by FY03/31, focusing on AI robots, aerospace, and e-mobility.</li></ul>

FY03/26 sales were JPY59.6bn (+7.0% YoY), with increased sales in industrial robots and semiconductor equipment, but automotive sales declined.FY03/27 forecasts sales of JPY68.0bn (+14.2% YoY), with significant growth in operating and recurring profits, and net income.New medium-term plan targets JPY100.0bn revenue by FY03/31, focusing on AI robots, aerospace, and e-mobility.

Harmonic Drive Systems (6324 JP): Full-year FY03/26 flash update