Fanuc Withholds Earnings Forecast Amid U.S. Tariffs; Denso Sees 30.1% Profit Rise, Daiichi Sankyo 5.4%, Zeon Plans Buyback

Japanese robot manufacturer Fanuc has decided to withhold its full-year earnings forecast for the fiscal year ending March 2026, citing difficulties in reasonably estimating the impact of U.S. tariffs imposed by President Donald Trump and their effects on the global economy. Despite this, Fanuc reported a recovery in orders. Meanwhile, Denso, a Japanese automotive components maker, projects a 30.1% increase in operating profit for the current fiscal year, reaching a record high, with net profit expected to rise 23%. Denso's forecasts do not factor in the impact of the U.S. tariffs, as the company awaits confirmation of tax rates to incorporate any effects. Daiichi Sankyo, a Japanese pharmaceutical company, announced a share buyback program capped at 200 billion yen, representing 4.29% of its outstanding shares, and forecasts a 5.4% increase in operating profit for the fiscal year ending March 2026, exceeding market expectations. Zeon Corporation, a Japanese chemical company, also announced a share buyback program limited to 100 billion yen or 5.07% of its outstanding shares but anticipates a decline in revenue and profit for the fiscal year ending March 2026, factoring in the impact of U.S. tariffs.