{
  "id": 12303273,
  "title": "Jefferies Names Top Japan Semiconductor Equipment Stocks to Buy",
  "url": "https://urgent.news/2026/10/06/jefferies-names-top-japan-semiconductor-equipment-stocks-to-buy",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-06T04:48:45.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/jefferies-names-top-japan-semiconductor-equipment-stocks-to-buy-4933355"
  },
  "original_language": "en",
  "account": "Jefferies has identified three key Japanese semiconductor equipment companies as top stock picks, driven by the booming artificial intelligence and high-performance computing sectors. Tokyo Seimitsu (7729.T) led the list, with its price target lifted to ¥24,000 from ¥23,000, based on a 25x fiscal 2028 earnings estimate. The company reported a 19% year-over-year jump in first-quarter sales to ¥36.7 billion and operating profit of ¥5.9 billion, up 29%. Tokyo Seimitsu's semiconductor segment saw a remarkable 21% sales increase to ¥28.5 billion, with AI and HPC orders exceeding ¥13 billion, more than double the previous year. First-quarter orders reached an all-time high of ¥53.2 billion, up 102% year-over-year and 47% quarter-over-quarter. The company raised its 2027 sales forecast to ¥189.0 billion, surpassing its medium-term goal.\n\nRorze Corp (6323.T) also received a price target upgrade to ¥6,000, with Jefferies raising its 2027 operating profit forecast to ¥44.0 billion and 2028 estimate to ¥52.0 billion. First-quarter sales grew 12% year-over-year to ¥37.2 billion, with operating profit up 21% to ¥10.2 billion. Semiconductor orders reached ¥42.0 billion, 1.9 times the prior-year level, with strong demand from Chinese equipment and semiconductor manufacturers. Advanced packaging applications and specialized equipment orders saw significant increases. The company reached a semiconductor-related equipment order backlog of ¥62.2 billion by the end of the first quarter.\n\nAdvantest Corp (6857.T) topped the list with its price target increased to ¥41,000 from ¥38,500, reflecting a 35x fiscal 2028 earnings estimate based on its high profitability. First-quarter sales surged 39% year-over-year to ¥367.5 billion and operating profit exploded 53% to ¥190.0 billion, both setting new record highs. SoC tester sales grew 36% year-over-year to ¥259.6 billion, while memory tester sales rose 43% to ¥48.0 billion. The company raised its 2026 SoC tester market outlook to $10.5-11.5 billion, indicating a 59% year-over-year growth. Fiscal 2027 guidance was revised upward to ¥1.714 trillion in sales, a 51% year-over-year increase, and ¥846.0 billion in operating profit, a 69% jump.",
  "summary": null,
  "key_points": [
    "Tokyo Seimitsu's price target raised to ¥24,000 based on 25x fiscal 2028 earnings estimate.",
    "Advantest Corp's price target increased to ¥41,000, reflecting 35x fiscal 2028 earnings estimate."
  ],
  "editors_take": "Jefferies' upgrades and price target hikes for Tokyo Seimitsu, Rorze Corp, and Advantest Corp signal increased confidence in these Japanese semiconductor equipment makers' growth prospects driven by AI and HPC demand.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}