Nichicon Raises FY2026 Targets to 200B Yen Revenue, Up 17.8%, as AI Server Demand Surges; Stock Jumps 7.48%

According to Nichicon's official announcement on Nov 6, the aluminum electrolytic capacitor maker raised its fiscal 2026 (April 2026-March 2027) revenue target from 185B yen to 200B yen, up 17.8% year-over-year, and operating profit target from 8.7B yen to 12B yen, up 85.9%. The company cited strong demand for capacitors used in AI servers, data centers, and electric vehicles. On Nov 9, Nichicon's stock surged 7.48% to 1,896 yen. For the first half (April-September 2026), the company reported revenue of 97.33B yen, up 20.6%, and operating profit of 6.96B yen, up 351.4% year-over-year, both marking historical highs for the period.
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