Harmonic Drive stock falls 3.77 percent during Osaka expo

Published on 10/08/2026 at 04:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Harmonic Drive Systems posted JPY 16.681 billion in fiscal Q1 revenue on August 7, up 23.6 percent year over year. Its average target is JPY 7,597.

Harmonic Drive, JP3765150002, Illustration mit AI erstellt.

Harmonic Drive stock (ISIN JP3765150002) was trading at JPY 6,380 on the Tokyo Stock Exchange at 11:00 a.m. JST on October 8, 2026, down 3.77 percent from the prior close. Harmonic Drive Systems is exhibiting at the 29th Mechanical Components Technology Exhibition in Osaka from October 7 through October 9, according to Harmonic Drive Systems.

Osaka exhibition highlights industrial demand

The event places the Japanese precision machinery maker alongside suppliers and users of components for automation and robotics. The company develops and sells strain wave gear reducers and mechatronics products used in industrial robots, semiconductor equipment and other systems, according to Investing.com.

Revenue rose 23.6 percent

For fiscal first quarter 2027, ended June 30, 2026, Harmonic Drive Systems reported revenue of JPY 16.681 billion and basic earnings per share of JPY 13.46, according to Investing.com. An external review of the quarter put revenue at JPY 16.681 billion, up 23.6 percent from JPY 13.496 billion a year earlier, while orders increased 55.7 percent, according to Kessan Note.

The comparison matters because order growth exceeded revenue growth in the quarter. That gap points to a stronger order pipeline than the income statement alone shows, while the stock remains sensitive to expectations for robotics and semiconductor equipment demand.

Analysts see JPY 7,597 target

As of October 7, 2026, Investing.com listed a Buy consensus from 10 analysts, with seven Buy ratings, two Holds and one Sell. The average 12-month target was JPY 7,597, with estimates from JPY 3,300 to JPY 11,000.

Against the JPY 6,380 trading price on October 8, 2026, the average target places the price 16.0 percent below the consensus target. The comparison is a market expectation, not a company forecast.

Stock remains below yearly high

Harmonic Drive stock was trading at JPY 6,380 on October 8, 2026, with volume of 496,800 shares. Its 52-week range was JPY 2,420 to JPY 9,150, leaving the price 30.3 percent below the yearly high.