Precision Tsugami Likely to Benefit From AI, Robots Related Orders -- Market Talk

Dow Jones
Jun 23

0339 GMT - Precision Tsugami (China) is likely to benefit from order inflows related to artificial intelligence and robots, Daiwa Capital Markets analysts say in a report. Liquid-cooling of AI servers and humanoid robots are creating new demand for precision-machined components such as those made by the China-based subsidiary of Japan's Tsugami, the analysts say. Precision Tsugami's revenue from AI server liquid-cooling is expected to grow 49% CAGR over FY 2026-2029, they estimate. Humanoid robots are another long-term equipment opportunity as production of reducers, screws and related sub-components require high-precision automatic lathes, turret lathes, grinding machines and thread rolling machines. Daiwa initiates coverage of the stock with a buy rating and a target price of 77.00 Hong Kong dollars. Shares are 3.5% lower at HK$61.80. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

June 22, 2026 23:39 ET (03:39 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10