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TYO:6506

6 stories mentioning TYO:6506Updated 14d ago

Every FINWIRES story that references TYO:6506, newest first.

Asia

Fujitsu Teams Up With Japan's Robotics Majors for Physical AI Push

Fujitsu (TYO:6702) has partnered with robotics companies Fanuc (TYO:6954), Yaskawa Electric (TYO:6506), and Kawasaki Heavy Industries (TYO:7012) to delve into opportunities in robotics-powered physical AI, according to a Thursday statement.Under this effort, the companies plan to develop a collaborative control platform that uses technology from chip producer NVIDIA.The cooperation also aims to foster an environment where "humans and robots coexist and collaborate" while boosting Japan's industrial competitiveness, Fujitsu said.The collaboration will cover sectors such as manufacturing, retail, logistics and health care.

TYO:6506TYO:6702TYO:6954TYO:7012
Asia

Japanese Shares Close in Red as Fresh US Strikes on Iran Lift Oil Prices

Japanese equities slipped on Monday to close in the red following a rise in crude prices amid renewed US airstrikes on Iran and Tehran's claims to have closed the Strait of Hormuz.The benchmark Nikkei 225 closed down 1,315.00 points, or 1.92%, at 67,242.73.Fears of a rise in oil prices and higher inflation triggered bets on Federal Reserve interest-rate hikes, leading to a sell-off in equities and government bonds.Investors reassessed the economic impact amid escalating geopolitical tensions and slower economic growth expectations.On the corporate side, Premium Group (TYO:7199) finalized terms for its first domestic public bond offering totaling 6.5 billion yen for institutional investors, while also planning a 2 billion yen retail-focused bond, according to a Tokyo bourse filing on Monday.Also, SoftBank (TYO:9434) and Yaskawa Electric (TYO:6506) teamed up with NVIDIA to demonstrate a flexible object-handling system developed by Yaskawa Electric using SoftBank's AI Data Center GPU Cloud as a development platform for physical AI.

Nikkei 225TYO:6506TYO:7199TYO:9434
Asia

SoftBank, Yaskawa Electric Collaborate with NVIDIA to Demonstrate Physical AI Platform

SoftBank (TYO:9434) said that it and Yaskawa Electric (TYO:6506), in collaboration with NVIDIA, demonstrated a flexible object-handling system developed by Yaskawa Electric using its AIData Center GPU Cloud as a development platform for physical AI.The Tokyo-listed technology company said that the platform streamlines the development process from collecting robot motion data to AI training, evaluation, and deployment on physical robots, confirming that AI can learn in real time.The company plans to accelerate the adoption of physical AI through its development platform, enabling companies to improve AI models using operational data and deploy them for different tasks.

TYO:6506TYO:9434
Asia

Yaskawa Electric's Profit Drops 22% in Fiscal Q1

Yaskawa Electric's (TYO:6506) profit attributable to owners of the parent fell 22% to 5.45 billion yen for the fiscal first quarter from 6.95 billion yen a year earlier.The robotics company's earnings per share declined to 20.97 yen from 26.78 yen a year ago, according to a Tokyo bourse filing on Friday.Revenue jumped 11% to 138.9 billion yen for the three months ended May 31 from 125.6 billion yen in the prior-year period.For the fiscal year ending Feb. 28, 2027, the company expects attributable profit of 47 billion yen, EPS of 181.21 yen and revenue of 580 billion yen.Yaskawa plans to pay interim and year-end dividends of 36 yen per share, each, for the year, which is higher than the amounts paid in the year-ago period.

TYO:6506
Research

Correction: Jefferies Upgrades Yaskawa Electric to Hold From Underperform, Adjusts Price Target to 5,300 Yen From 3,400 Yen

(Corrects to show rating upgrade in headline.)Yaskawa Electric (TYO:6506) has an average rating of overweight and mean price target of 5,597.22 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

TYO:6506
Research

Jefferies Downgrades Yaskawa Electric to Hold From Underperform, Adjusts Price Target to 5,300 Yen From 3,400 Yen

Yaskawa Electric (TYO:6506) has an average rating of overweight and mean price target of 5,597.22 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

TYO:6506

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