Flex Raises Fiscal 2027 Revenue Guidance on RMS Strength

Toyokanetsu, the largest player in airport baggage handling systems, has announced it will acquire land for a new factory as it builds a new production base. The land to be acquired is in Hatashima, Arida City, Wakayama Prefecture, near its current Wakayama factory in No, Arida City, Wakayama Prefecture, and the purchase price is 813 million yen. The move is aimed at accelerating growth in its logistics solutions business, reducing disaster risk, and optimizing production functions. At the new factory, the company plans to achieve a significant increase in productivity and respond to higher output through automation and robotization of work and inter-process transport as well as optimization of production functions, while also aiming to build a flexible production system capable of handling future diversification of products. The closing price on the 28th was 2,439 yen, down 1 yen from the end of the previous week.

Amazon.com Inc. has raised its 2026 capital-spending forecast to about $220 billion, driven largely by investments in artificial intelligence and cloud infrastructure, and recently announced plans to extend over $100 million to establish an advanced manufacturing site in Indiana. The company plans to roll out more than 20,000 AI Smart Delivery Glasses by the end of 2027 and to deploy two million additional GPUs in collaboration with NVIDIA, including Blackwell Ultra, Rubin, and Rubin Ultra GPUs launching during 2027 and 2028, after planning around one million GPUs in 2026. In the second quarter of 2026, Amazon delivered $200.6 billion in total revenues, a 20% increase from the same period last year. Its £4.25 billion pound-denominated bond offering highlights its growing use of debt markets, as major cloud providers have collectively sold close to $220 billion in debt over the last twelve months. Institutional sentiment remains strong, with 369 hedge funds holding positions by the end of Q2 2026 versus 353 in Q1 2026, and short interest at 0.85%.

The winning companies of the government-hosted Japan Startup Awards 2026 were announced on the 25th, with Mujin, a developer and seller of intelligent robot controllers, selected for the Grand Prize, the Prime Minister's Award. Sakana AI was chosen for the Information and Communications Startup Award. Mujin provides general-purpose intelligent robot controllers that automate work at logistics and manufacturing sites, and CEO Kazuyuki Takino told Reuters that Japan has strengths in physical AI, that the battle in deep tech is a contest between nations, and that he believes this award reflects a determination to support the field as a nation and elevate it to national policy. Sakana AI co-founder and president Ren Ito said he thinks the company was recognized not just for building technology but for putting it to use for society, noting it has been implemented in areas such as support for financial institutions' lending operations and the security domain for the Ministry of Defense and the Self-Defense Forces, and said that by advancing defense going forward, things made for defense use can become usable for civilian purposes such as infrastructure, logistics, and electric power. Oceanic Constellations, which deploys surface drones, was selected for the Defense Startup Award, and co-representative Takuma Honda said security is an important social imperative and that the company first wants to contribute by applying unmanned vehicles to the kind of warning and surveillance that the Self-Defense Forces carry out. The Takaichi administration has positioned support for startups as one of its key policies for strengthening the foundation for growth.