Fujikura and Japanese gaming firms report major financial shifts

Japanese companies are reporting significant financial shifts driven by sector-specific booms. Cable manufacturer Fujikura more than doubled its full-year operating profit forecast for fiscal year 2026 within just three months, a move attributed to structural changes and demand within the AI data center market.

In the gaming sector, Nippon Ichi Software has upwardly revised its consolidated earnings forecast, projecting a significant turnaround with an operating profit increase of 141% due to the success of ‘Honokurashi no Niwa’. Additionally, Sony Music has entered into a capital and business alliance with GungHo Online Entertainment, acquiring a 23.3% stake for 28.6 billion yen to make GungHo a major shareholder.

Other notable movements include Cave increasing its research and development expenses by 134.5% for the fiscal year ending May 2026 to focus on original content and new titles.