Nearly 40% of top Japanese companies raise profit estimates amid AI boom

Data centers drive orders for power supply and chip components

20251031N advantest

Advantest is among the many companies that have upgraded their forecasts for this fiscal year due to demand for products related to AI. (Advantest)

KONORI FUJITA, KOSUKE OKAMOTO and NOZOMI OKUBO

TOKYO -- Around 100 companies listed on the Tokyo Stock Exchange's top-tier Prime market have raised their net profit estimates for the fiscal year ending March 2026, buoyed by AI-linked demand for power grids and semiconductors.

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