Compiling approximate prices of analytical instruments to assess price increases: Quick Note

Research evidence excerpt

Compiling approximate prices of analytical instruments to assess price increases: Quick Note

Global Markets Research

22 July 2026Shimadzu

7701.T 7701 JP / EQUITY: JAPAN SEMICONDUCTOR PRODUCTION EQUIPMENT

Compiling approximate prices of analytical Rating Buyinstruments to assess price increases

Target price JPY 6,200Quick Note

Closing price

21 July 2026 JPY 4,113In 2026, price hikes will center more on high-priced items than in the previous year

On 21 July, Shimadzu published the 2026 edition of the Shimadzu Analytical & Measuring (Note: Quick Note reports are not a

Instruments product catalog, which lists product categories and approximate prices for the vehicle for changes to ratings, target

over 300 analytical instruments that the company sells in Japan. In our own tally of the prices, or earnings forecasts)

206 products in the catalog for which backward-looking comparisons are possible, we

found that the increase in the aggregate price widened from 6.2% y-y in 2025 to 7.0% in

2026, but that the average percentage price increase across these products narrowed

from 8.7% in 2025 to 7.4% in 2026. This indicates that prices for higher-priced products Research Analysts

were hiked more significantly than prices for lower-priced products were.

Japan pharmaceuticals &

• For high-performance liquid chromatograph mass spectrometers, the new LCMS- healthcare

8065XE is priced at ¥65mn. This compares with ¥61mn for the previous top-of-the-line Takahiro Mori - NSC

model, the 8060RX, which was priced at ¥57mn in 2025. The company has thus takahiro.mori@nomura.com

+81 3 6703 1227 raised prices through the launch of a higher-priced new product, while also

implementing a 7% price hike for the existing product.