AOI Electronics Co., Ltd. 6832

Mitsui & Co. recently announced a partnership with India’s Kaynes Semicon and Japan’s AOI Electronics to develop semiconductor back-end manufacturing and OSAT capabilities in India, securing exclusive procurement and sales coordination rights plus an option to acquire shares in Kaynes. This move gives Mitsui a foothold in India’s semiconductor supply chain, adding an electronics manufacturing angle to its traditionally resource-focused portfolio. We’ll now examine how Mitsui’s entry into...

Japan’s Mitsui to support Kaynes’ OSAT launch as India advances domestic semiconductor industry and supply chain resilience.

AOI Electronics (TSE:6832) has flipped to profitability over the last year, achieving a major earnings milestone that makes direct five-year comparisons tricky. Looking ahead, analysts expect earnings to surge 26.4% per year and revenue to grow 6.6% annually, ahead of the broader Japanese market’s projected 4.5% revenue growth. Notably, the company’s margin improvement comes despite a significant one-off loss of ¥112.0 million in the last year, and shares now trade at ¥2,314, which is...