TYO:6954

Market Chatter: Fanuc, Google Develop Blueprint-Reading AI Welding Robots

Fanuc (TYO:6954) and Google have developed an AI-powered robotic welding system that can operate directly from scanned blueprints, Nikkei Asia reported Thursday.Set for a December release, the system uses Google's Gemini Enterprise AI platform and is designed to be accessible to small and midsize businesses, the news agency said.Fanuc plans to offer it on a subscription basis across industries such as electrical components and furniture, as part of its broader physical AI push with Google and Nvidia, the publication said.Fanuc and Google did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HSBC Upgrades Fanuc to Buy From Hold; Price Target is 7,600 Yen

Japan Earnings Wrap: Renesas, Kioxia Rise; Fanuc, Toto Declines

Japanese stocks reporting earnings traded mixed on Monday, with gains led by computer chip and memory makers while robot and toilet manufacturers declined.Renesas Electronics' (TYO:6723) shares jumped 13% after its attributable profit reached 217.3 billion yen in the first half, reversing a loss a year earlier.The chipmaker's earnings per share were 117.47 yen while revenue increased 26% to 798.7 billion yen.For the nine months ending Sept. 30, Renesas forecasts non-GAAP revenue of 1.200 trillion yen to 1.215 trillion yen.Computer memory manufacturer Kioxia's (TYO:285A) shares climbed nearly 7% after earnings jumped to 842.2 billion yen for the fiscal first quarter.Earnings per share soared to 1,525.09 yen while revenue surged 415.5% to 1.767 trillion yen for the three months ended June 30.For the six months ending Sept. 30, the company expects an attributable profit of 2.112 trillion yen and revenue of 4.157 trillion yen.Fanuc's (TYO:6954) shares plummeted 18% despite fiscal first quarter earnings coming in higher. Attributable net income expanded 35% to 51 billion yen in the three months ended June 30.The industrial robot manufacturer's net income per share rose to 54.63 yen while net sales increased 18% to 231 billion yen.For the fiscal year ending March 31, 2027, Fanuc projects net income attributable to owners of the parent of 198 billion yen, or 212.18 yen per share, with net sales of 948.1 billion yen.Toto's (TYO:5332) shares slid over 9% despite a nearly 10% rise in attributable profit in the first fiscal quarter to 6.91 billion yen.The toilet manufacturer's earnings per share increased to 41.98 yen while net sales edged up 1.7% to 168.6 billion yen.The company expects an attributable profit of 46 billion yen, basic EPS of 279.78 yen, net sales of 785 billion yen, and a total dividend of 120 yen per share for the fiscal year ending March 31, 2027.

Fanuc's Attributable Profit Jumps 35% in Fiscal Q1

Fanuc (TYO:6954) net income attributable to owners of parent expanded 35% to 51 billion yen in the fiscal first quarter ended June 30 from 37.8 billion yen a year earlier.The industrial robot manufacturer's net income per share rose to 54.63 yen from 40.56 yen a year ago, according to a Friday Japan Exchange filing.Net sales increased 18% to 231 billion yen from 196.4 billion yen a year earlier.For the fiscal year ending March 31, 2027, FANUC projects net income attributable to owners of parent of 198 billion yen, or 212.18 yen per share, with net sales of 948.1 billion yen.The company said it has not changed its dividend forecast and will disclose its second-quarter and year-end dividends for fiscal 2026 later.

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.

Taisei, Fanuc Build AI-Powered System to Automate Mixed-Pallet Handling

Taisei (TYO:1801) and Fanuc (TYO:6954) have jointly developed an automated picking system that extracts varied products from mixed pallets using AI-driven 3D vision and automatic ID matching, according to a press release on Friday.The system addresses issues like picking errors, product damage, and labor shortages by fully automating unloading and shipping processes, the companies said.The new system maximizes storage efficiency by enabling mixed-load operations, effectively utilizing warehouse space and improving outbound processing capacity, the companies said.This also reduces capital costs by limiting the need for new construction or facility expansions, they added.Fanuc's shares rose 4% in recent trade.

Jefferies Adjusts Fanuc's Price Target to 7,000 Yen From 6,800 Yen, Keeps at Hold

Fanuc (TYO:6954) has an average rating of overweight and mean price target of 7,162.38 yen, according to analysts polled by FactSet.

Market Chatter: Japan Profits Rise as AI Boom Lifts Chip, Power Firms

Roughly 70% of Japanese companies reported higher profit for the fiscal year ended March, led by demand tied to AI, Nikkei reported Friday.Chip-related firms drove gains, with Advantest (TYO:6857) and Disco (TYO:6146) posting record earnings, while Hitachi (TYO:6501) benefited from data center demand. Factory automation and electronics groups including Fanuc (TYO:6954), Keyence (TYO:6861) and TDK (TYO:6762) also gained, the report said.Aggregate net profit rose 8% to 12.3 trillion yen, keeping Japan on track for a fifth straight annual record if trends hold, according to the report.Weakness persisted in some sectors, with Komatsu (TYO:6301) and Tokyo Steel Manufacturing (TYO:5423) hit by tariffs, China-driven price pressure and rising energy costs, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Keyence, Fanuc Shares Climb, Chugai Declines as Japan Stocks Mixed After Earnings

Japanese stocks that reported recent earnings traded mixed on Monday, with gains led by companies posting solid profit growth and shareholder returns, while one major drugmaker declined despite higher quarterly earnings.Keyence (TYO:6861) shares jumped 16% after reporting full-year results, with net income attributable to owners of parent rising 12% to 445.19 billion yen as revenue increased 10% to 1.169 trillion yen. The company raised its annual dividend to 550 yen per share from 350 yen.Fanuc (TYO:6954) shares also gained 16% after posting annual results, with net income attributable to owners of parent climbing 13% to 166.54 billion yen, while revenue rose 8% to 857.83 billion yen.The company expects full-year net income attributable to owners of the parent of 184.9 billion yen and revenue of 909.6 billion yen for the financial year ending March 31, 2027. It also raised its annual dividend to 107.09 yen per share from 94.39 yen.Meanwhile, Chugai Pharmaceutical (TYO:4519) fell 16% despite reporting stronger first-quarter earnings. Net income attributable to shareholders rose 19% to 115.42 billion yen as revenue increased 12% to 321.75 billion yen. The company expects full-year revenue of 1.345 trillion yen and core net income of 485 billion yen, with an annual dividend forecast of 132 yen per share.

Fanuc's Net Income Increases 13% in Fiscal Year 2025

Fanuc's (TYO:6954) net income attributable to owners of the parent increased 13% to 166.5 billion yen for the fiscal year 2025 from 147.6 billion yen a year earlier.The robotics company's basic net income per share increased to 178.47 yen from 157.31 yen a year ago, according to a Tokyo bourse filing on Friday.Net sales rose 7.6% to 857.8 billion yen for the full year ended March 31 from 797.1 billion yen in the prior year.It declared a final dividend of 55.76 yen per share, payable from June 26.For the fiscal year 2026 ending March 31, 2027, the company expects attributable net income of 184.9 billion yen, net income per share of 198.14 yen, and net sales of 909.6 billion yen.