tiprankstipranks
Advertisement
Advertisement

Harmonic Drive Systems Lifts Full-Year Forecast on Strong Robot and Chip Equipment Demand

Story Highlights
  • Harmonic Drive Systems raised consolidated sales and profit forecasts on stronger demand.
  • Upgraded non-consolidated outlook reflects higher sales and factory utilization rates.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harmonic Drive Systems Lifts Full-Year Forecast on Strong Robot and Chip Equipment Demand

Claim 55% Off TipRanks

Harmonic Drive Systems ( (JP:6324) ) has provided an announcement.

Harmonic Drive Systems revised its full-year forecast for the fiscal year ended March 31, 2026, reporting stronger-than-expected demand for components used in robots and semiconductor manufacturing equipment. Consolidated net sales are now put at ¥59.5 billion versus a previous forecast of ¥57 billion, while operating profit is projected at ¥2.5 billion, up from ¥1.5 billion, lifting basic earnings per share to ¥16.69.

On a non-consolidated basis, the company now expects net sales of ¥33.4 billion and operating profit of ¥950 million, both significantly above earlier guidance. Management attributes the upgrade to higher sales and improved factory utilization in Japan and North America, suggesting firmer operating momentum and a more favorable profit outlook than initially anticipated for stakeholders.

The most recent analyst rating on (JP:6324) stock is a Buy with a Yen4800.00 price target. To see the full list of analyst forecasts on Harmonic Drive Systems stock, see the JP:6324 Stock Forecast page.

More about Harmonic Drive Systems

Harmonic Drive Systems Inc., listed on the Tokyo Stock Exchange Prime Market, operates in the precision motion control and actuator industry, supplying key components used in robots and semiconductor manufacturing equipment. The company’s products are primarily sold in Japan and North America, positioning it as a beneficiary of capital investment in factory automation and chip-related production lines.

Average Trading Volume: 1,521,490

Technical Sentiment Signal: Buy

Current Market Cap: Yen411B

Find detailed analytics on 6324 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1