Research Coverage of Japanese Listed Companies, Shared Research Inc

Shared Research

Our report is an authoritative Owner’s Manual on the company.
- A vital piece in the investor’s toolbox, our report allows you to uncover the essence of the business
- We pinpoint strengths and weaknesses; discuss strategy
- Our aim is to make deep knowledge about the company readily available, saving investors time and enabling dialogue

We offer our research as a service for Japanese corporates.
- Our in-depth reports allow them to better inform investors by presenting an unbiased third-party view of business fundamentals
- Our reports do not offer investment opinions and are free for all investors

We start our coverage with a substantial core report.
- We continuously update this report to reflect earnings, news flow, and any material developments
- We thoroughly interview management on a quarterly basis

Research Coverage of Japanese Listed Companies

[Quiddity Index] Harmonic Drive Systems (6324 JP) Moving to TSE Prime

TOPIX Inclusions: Who Is Ready (Mar 2026)

Quiddity Leaderboard HSCEI Jun26: Two ADDs/DELs Likely but One Name Close to Escaping Deletion

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>Consolidated sales for cumulative Q3 FY03/26 increased 4.5% YoY to JPY42.2bn, with a 74.0% progress rate.</li><li>Operating profit reached JPY1.2bn, achieving 79.4% of the full-year forecast, driven by improved cost ratios.</li><li>Parent orders for cumulative Q3 increased 8.5% YoY to JPY25.3bn, with industrial robots orders growing 10.7% YoY.</li></ul>

Consolidated sales for cumulative Q3 FY03/26 increased 4.5% YoY to JPY42.2bn, with a 74.0% progress rate.Operating profit reached JPY1.2bn, achieving 79.4% of the full-year forecast, driven by improved cost ratios.Parent orders for cumulative Q3 increased 8.5% YoY to JPY25.3bn, with industrial robots orders growing 10.7% YoY.

Harmonic Drive Systems (6324 JP): Q3 FY02/26 flash update