• Horiba raised its updated MLMAP2028 targets: net sales JPY 460 billion, operating income JPY 90 billion, net income JPY 62 billion, ROE 14%.
• Update reflects shifting demand: hydrogen investment has cooled, hybrid and internal-combustion development has rebounded, AI-driven data-center semiconductor spending has accelerated.
• Materials and Semiconductors outlook lifted to sales JPY 262 billion, operating income JPY 77 billion; Fukuchiyama plant ramps mass flow controller capacity to up to 3x.
• Energy and Environment targets cut to sales JPY 146 billion, operating income JPY 12.5 billion; structural reforms planned in overseas mechatronics operations.
• Bio and Healthcare targets reduced to sales JPY 52 billion, operating income JPY 0.5 billion; hematology restructuring weighs on profitability.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Horiba Ltd. published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein.