
What smart money is saying about Horiba Ltd.
1 fund in our archive has pitched Horiba Ltd. — most recently Ariel Global in December 2025.
HORIBA, Ltd. manufactures and sells instruments and systems for various applications. It operates in five segments: Automotive, Process & Environmental, Medical-Diagnostic, Semiconductor, and Scientific. The Automotive segment offers automotive emission analyzers, emission measurement systems, drive line test systems, engine test and fuel cell test systems, and battery test systems; test systems for engines, chassis, powertrains, brakes, and catalysts; and vehicle development engineering and testing engineering services, as well as leases and manages R&D facilities. The Process & Environmental segment provides stack gas analyzers, industrial water quality analyzers, water quality analysis and examination systems, air pollution analyzers, environmental radiation meters, and process measurement equipment. The Medical-Diagnostic segment offers hematology and CRP, immunology, clinical chemistry, and blood glucose analyzers. The Semiconductor Instruments & Systems segment provides mass flow controllers, chemical concentration monitors, reticle/mask particle detection systems, residual gas analyzers, and vaporizers. The Scientific segment offers Raman spectrometers, pH meters, particle-size distribution analyzers, X-Ray fluorescence analyzers, elemental analyzers, fluorescence spectroscopy/fluorescence lifetime spectroscopy, optical components, spectrometers and detectors, and gratings. The company was founded in 1945 and is headquartered in Kyoto, Japan.
Position history
Between Q4 2025 and Q1 2026, 1 fund letter reported a position in Horiba Ltd., with no move described.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q1 2026 | 1 | 0 | 0 | 0 |
| Q4 2025 | 0 | 0 | 0 | 1 |
Fund activity · 1 position
- March 2026
“Brazilian fuel distributor Ultrapar, Hong Kong holding company CK Hutchison and Japanese semiconductor capital equipment companies Horiba and JEOL also made important performance contributions.”
Read the letterHoriba Ltd.
Fund coverage · 1 thesis
- Ariel GlobalDecember 2025
Horiba Ltd. is a diversified precision measurement leader offering semiconductor upcycle exposure with margin upside from mix and turnarounds and reduced geopolitical risk.
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