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Fixstars ( (JP:3687) ) just unveiled an announcement.
Fixstars said it has been participating in Sony Honda Mobility’s now-cancelled AFEELA electric vehicle program, mainly developing autonomous driving AI. With the partner’s decision to discontinue AFEELA’s development, order volumes that had been anticipated for the second half of the fiscal year ending September 2026 have become uncertain.
The company plans to reallocate engineers and other resources from the AFEELA-related work to alternative projects to offset the loss. As a result, Fixstars currently expects the financial impact of the project’s termination to be immaterial, though it indicated it would update earnings guidance if the situation changes.
The most recent analyst rating on (JP:3687) stock is a Hold with a Yen1428.00 price target. To see the full list of analyst forecasts on Fixstars stock, see the JP:3687 Stock Forecast page.
More about Fixstars
Fixstars Corporation is a Japan-based technology company specializing in high-performance computing and software acceleration, with a focus on advanced applications such as autonomous driving AI. The company provides engineering services and solutions to major industrial partners, positioning itself within cutting-edge mobility and computing markets.
Average Trading Volume: 516,307
Technical Sentiment Signal: Sell
Current Market Cap: Yen40.55B
For detailed information about 3687 stock, go to TipRanks’ Stock Analysis page.