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Ibiden, Orix Rise After Strong Earnings, JX Advanced Metals Slips

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Japanese stocks reporting recent earnings traded mostly higher on Friday, with gains led by materials and industrials firms, while JX Advanced Metals (TYO:5016) fell after issuing a weaker outlook and Orix (TYO:8591) rose on strong profit growth.

Ibiden (TYO:4062) jumped 12% after reporting full-year results. Profit attributable to owners of parent surged 89% to 63.71 billion yen, while net sales rose 12.7% to 416.20 billion yen. Earnings per share came to 228.16 yen, compared with 120.66 yen a year earlier. The company forecast profit attributable to owners of parent of 58 billion yen for fiscal 2026, down 9%, with earnings per share of 207.70 yen and net sales of 500 billion yen, up 20.1%.

Orix (TYO:8591) gained 8% after reporting full-year results. Profit attributable to owners of parent rose 27.2% to 447.27 billion yen, while revenues increased 15.9% to 3.330831 trillion yen. Earnings per share came to 400.27 yen, up from 307.74 yen a year earlier. The company forecast net income of 530 billion yen for fiscal 2027, up 18.5%.

JX Advanced Metals (TYO:5016) dropped 15% despite strong full-year results. Profit attributable to owners of parent increased 53.3% to 104.645 billion yen, while net sales rose 23.7% to 884.638 billion yen. Earnings per share came to 112.94 yen, compared with 73.53 yen a year earlier. The company forecast profit attributable to owners of parent of 114 billion yen for fiscal 2027, up 8.9%, with earnings per share of 125.97 yen and net sales of 930 billion yen, up 5.1%.

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