The Zhitong Finance App learned that Tsugami Machine Tool China (01651) rose more than 8% in the afternoon. As of press release, it had risen 8.35% to HK$57.1, with a turnover of HK$54.651 million.

According to the news, Tsugami Machine Tool China announced its annual results for 2026 up to the end of March at the end of last month. Revenue was about 5.184 billion yuan, up 21.6% year on year; net profit reached 1,094 billion yuan, up 39.9% year on year. According to the data, in the second half of the 2026 fiscal year, China's revenue was 2,687 billion yuan, an increase of 17.6% year-on-year, and 7.6% month-on-month on top of the record high in the first half of the fiscal year.

According to Yamato's research report, Tsugami Machine Tool is one of the key machine tool beneficiaries of AI infrastructure investment. Demand for AI liquid-cooled quick-release joints remains strong. Management said that orders for FY2026 have reached about 1,000 units, and are expected to double in FY2027, mainly driven by Nvidia GB300-related deployments. The bank reaffirmed Tsugami's “buy” rating and raised the target price from HK$77 to HK$80.

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