Rival companies in the same industry compared side by side, with AI analysis of the winners, the laggards and the trends.
3 industry digests
Q1 FY2027
Optics and Photonics companies grew sales in their reported Q1 FY2027 periods, but profits diverged. Hamamatsu rode AI data-center chip demand, Tamron's industrial business offset photo weakness, while Nikon stayed in operating loss.
FY2026
Analytical and measurement instruments companies averaged just 0.1% sales growth in FY2026, though Horiba's year ended in December 2025 and the others in March 2026. Horiba lifted sales and margins, while JEOL's net income rose on FX gains and lower taxes despite a 26.7% operating-profit fall.
Q1 FY2027
Japan's Big 3 precision and medical device makers all grew sales in Q1 FY2027, with Terumo leading at ¥311.8 billion, up 19.9%. HOYA had the highest operating margin at 32.3%, while Olympus' net profit jumped 112.5%, helped by one-off gains.
