Group 1 - M-tron Industries, Inc. will present at the Sidoti March Small-Cap Virtual Conference on March 18-19, 2026, highlighting its momentum in the defense and aerospace sectors [1] - The presentation will focus on Mtron's products used in precision guided munitions, radar, electronic warfare, airframes, drones/UAVs, and space and satellite systems [1] - Mtron is a key player in the U.S. national security space, providing radio frequency components and solutions for the U.S. Department of Defense and allied nations [1] Group 2 - The conference will feature various small-cap companies and will include virtual one-on-one meetings with investors [1] - Registration for the presentation is free and does not require being a Sidoti client [1] - Sidoti Events, LLC was formed to enhance the conference business and serve the needs of presenters and attendees, leveraging Sidoti's experience in small and microcap company research [1]

Core Viewpoint - TE Connectivity plc has announced a 10% increase in its quarterly cash dividend to $0.78 per ordinary share and authorized a $3.0 billion increase in its share repurchase program [1][1][1] Dividend Announcement - The board of directors declared a regular quarterly cash dividend of $0.78 per ordinary share, payable on June 12, 2026, to shareholders of record at the close of business on May 22, 2026 [1][1] - This payment represents a 10% increase from the previous quarterly dividend of $0.71 per ordinary share, which is set to be paid on March 13, 2026 [1][1] Share Repurchase Program - The company's board of directors has authorized a $3.0 billion increase in its share repurchase program [1][1] Annual General Meeting - During the 2026 annual general meeting of shareholders held on March 11, 2026, shareholders voted in favor of all agenda items, including the reelection of all 13 members to the board of directors [1][1] Company Overview - TE Connectivity plc is a global industrial technology leader focused on creating a safer, sustainable, productive, and connected future [1][1] - The company offers a broad range of connectivity and sensor solutions that enable the distribution of power, signal, and data across various sectors, including transportation, energy networks, and data centers [1][1] - TE Connectivity employs over 90,000 individuals, including 10,000 engineers, and operates in approximately 130 countries [1][1]

Japanese electronic components maker Hirose Electric Co. Ltd. plans to set up its first manufacturing facility in India in Tamil Nadu with an investment of about ₹100 crore. The Phase-1 project is expected to create around 100 jobs and will manufacture precision connectors and electronic components, according to a State government release.The company on Wednesday exchanged a Memorandum of Understanding (MoU) with the Tamil Nadu government in the presence of Chief Minister M. K. Stalin and Industries Ministe ...

Core Insights - TE Connectivity has exceeded several of its 2025 corporate responsibility goals, demonstrating significant progress in sustainability, safety, and inclusivity [1] Sustainability Achievements - The company has surpassed its goal of sourcing 80% of its electricity from renewable sources by achieving 87% [1] - A solar energy system in Lamphun, Thailand, generates 1.2 million kWh annually, accounting for approximately 15% of the site's energy use and reducing emissions by about 520 tons per year [1] - TE has reduced water withdrawal for targeted water-stressed sites by 22%, exceeding its goal of 15% [1] - The amount of hazardous waste disposed has been reduced by 66%, surpassing the goal of 15% [1] Safety Improvements - TE Connectivity has improved worker safety, achieving a Total Reportable Incident Rate of 0.06, which is better than the goal of 0.12 [1] Future Goals - The company aims to reduce Scope 3 greenhouse gas emissions by 30% by 2032, having already achieved a 17% reduction since 2022 [1] - TE has doubled the number of zero waste to landfill sites to 56 and has diverted 93% of its waste from landfills and incinerators, approaching its goal of 98% [1]

Technology – Electronic Components Industry data Technology – Electronic Components Akinori Kanemoto AC +813-6736-8628 akinori.kanemoto@jpmorgan.com Japan Equity Research 27 February 2026 Technology – Consumer/Industrial/Precision Junya Ayada +813-6736-8631 junya.ayada@jpmorgan.com JPMorgan Securities Japan Co., Ltd. See the end pages of this presentation for analyst certification and important disclosures, including non-US analyst disclosures. J.P. Morgan does and seeks to do business with companies covere ...

Core Viewpoint - Stoneridge, Inc. will host a live webcast of its fourth quarter 2025 earnings conference call on March 12, 2026, at 9:00 a.m. ET, featuring members of the executive team [1] Group 1: Company Information - Stoneridge, Inc. is headquartered in Novi, Michigan, and is recognized as a global supplier of electronic systems and technologies that enhance vehicle intelligence and safety for both on- and off-highway transportation sectors [1] - The company's products and systems are designed to provide safe and efficient solutions for the transportation industry worldwide [1] Group 2: Upcoming Events - The fourth quarter 2025 earnings conference call will be accessible via the Investors section of the company's website [1]

Key Takeaways from the Conference Call Industry Overview - **Industry**: Electronic Components, specifically focusing on HDDs and SSDs in Japan - **Current Trends**: Growth in shipment volume and capacity for data center (DC) enterprise SSDs and NL HDDs continues, while non-NL HDDs and non-enterprise SSDs are expected to struggle [1][3] Core Insights - **HDD and SSD Shipment Forecasts**: - Total HDD shipment capacity is projected to grow from 1,627EB in 2025 (+29.5% YoY) to 2,004EB in 2026 (+23.1%) - Total SSD capacity is expected to increase from 498.0EB in 2025 (+38.0%) to 588.8EB in 2026 (+18.2%) [3] - The growth in capacity is anticipated to outpace volume growth due to a shift towards high-capacity products [3] - **Enterprise SSD Performance**: - January 2026 DC-use enterprise SSD shipments reached 32.91EB, a significant increase of 99.0% YoY and 7.4% MoM - Full-year forecasts for 2026 predict total shipment capacity of 345.0EB (+31.4% YoY) [4][9] - **HDD Production Trends**: - January HDD production was reported at 11.26 million units, reflecting a 10.8% increase YoY but a slight decrease of 0.6% MoM - HDD output has fluctuated significantly over the past years, with a notable decline from 261.70 million units in 2021 to 120.51 million in 2023, followed by a recovery to 129.54 million in 2025 [10] Additional Insights - **Market Dynamics**: - The market is transitioning towards higher capacities and speeds, with a shift to PCIe Gen5 technology, although Micron has introduced a Gen6 interface [4] - The demand for non-DC-use HDDs and SSDs is likely to remain subdued due to the replacement of non-NL HDDs by SSDs and ongoing NAND/SSD shortages affecting prices [3] - **Segmented Market Outlook**: - The data center storage market is expected to remain segmented between SSDs, HDDs, and tape drives, with SSD shipment volume and capacity showing sharp increases YoY [9] - **Company-Specific Data**: - January SSD shipments totaled 30.38 million units, a 9.3% increase YoY but a 4.8% decrease MoM - Enterprise SSD shipments for January were 5.63 million units, reflecting a 34.0% increase YoY and a 0.5% increase MoM [12][13] Conclusion - The electronic components industry, particularly in the HDD and SSD segments, is experiencing significant growth in capacity and shipment volumes, especially for data center applications. However, challenges remain for non-enterprise products, and the market is evolving with technological advancements and changing consumer demands [1][3][4][9]

Core Insights - Celestica is capitalizing on the AI boom by supplying Ethernet switches and equipment to major tech companies, becoming the leading supplier of 800 Gbps Ethernet switches to hyperscale tech giants [1] - The company has a strategic partnership with AMD, benefiting from AMD's collaboration with Meta Platforms, which plans to invest "double-digit billions" per gigawatt on AMD products [2] Company Performance - Celestica's stock has increased by 157.4% over the past 52 weeks and by 37.4% in the last six months, although it has seen a slight decline this year [5] - The stock reached a 52-week high of $363.40 in November 2025 but is currently down 23.6% from that peak [5] - The company reported a revenue increase of 43.6% year-over-year to $3.65 billion in Q4 fiscal 2025, surpassing its guidance [8] - The Connectivity & Cloud Solutions segment generated $2.86 billion in revenue, with a margin increase to 8.4% from 7.9% year-over-year [9] - Celestica's non-GAAP EPS was $1.89, reflecting a 70.3% year-over-year increase and exceeding the company's guidance [9] Market Position - Celestica has a market capitalization of $32.1 billion and operates a global network serving various industries, including aerospace, defense, and healthtech [4] - The company's price-to-earnings ratio stands at 35.21x, which is above the industry average of 22.26x [7]

Core Viewpoint - The company, Kexin Innovation Source, is focusing on the research, production, and sales of liquid cooling plates for data center servers through its wholly-owned subsidiary, Shenzhen Chuangyuan Zhire Technology Co., Ltd [1] Group 1: Business Model - The company employs a dual-driven business model that combines collaborative manufacturing with independent production and sales [1] - Effective breakthroughs have been achieved with clients including Taiwanese cooling component manufacturers and mainland cloud computing service providers [1] Group 2: Production Status - Some projects have gradually entered the mass production stage [1]

Core Insights - The company achieved a 14% sales increase attributed to 12% organic growth in Flight Support and 6% in Electronic Technologies, along with disciplined M&A execution [1] - The company's long-term success is driven by a culture of prioritizing brand protection and quality over short-term earnings [1] Flight Support Group (FSG) - FSG's margin expanded to 24.5% due to efficiencies in SG&A and a favorable product mix in repair and overhaul services [1] Electronic Technologies Group (ETG) - ETG faced temporary margin compression due to shipment schedule challenges and a less favorable mix of defense and space products [1] Strategic Acquisitions - The acquisition of EthosEnergy represents a strategic entry into the industrial gas turbine market, aimed at capturing increasing power demand from AI and large language model data centers [1] Operational Model - The company maintains a decentralized operating model that is scalable, with leadership talent managing multiple subsidiaries to ensure operational excellence during growth [1]