Unchanged In-line Largely unchanged Impact to our thesis Financial results versus consensus Direction of next 12-month Source: Company data, Morgan Stanley Research Key Takeaways July 14, 2026 05:20 AM GMT Bic Camera (3048) | Japan M Update F8/26 3Q Results: Announced at Noon Jul 14; Strong Inbound Demand and Air Conditioner Demand Drive 10.6% Sales Growth and 51.8% OP Growth Reaction to earnings Morgan Stanley MUFG Securities Co., Ltd.+ | Hiroshi Koba | | | --- | --- | | Equity Analyst | | | Hiroshi.Koba@m ...