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TOKYO ELECTRON DEVICE, 12% Decrease in Ordinary Profit for The Current Fiscal Year, Despite Last Fiscal Year's Dividend Increase, This Fiscal Year to Decrease Dividend

Mon Apr 28, 2025 3:30 pm JST Earnings

2760 TOKYO ELECTRON DEVICE LIMITED 【J-GAAP】

Earnings Report

TOKYO ELECTRON DEVICE LIMITED <2760> [TSE Prime] announced its financial results after the market closed on April 28th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 decreased 18.0% from the previous period to 11.4 billion yen. In the fiscal year ending March 2026, the profit is expected to decrease by 12.4% from the previous period to 10 billion yen.

At the same time, the company increased the annual dividend for the previous term from 117 yen to 119 yen (compared to 257 yen in the prior term), and has decided to reduce the dividend this fiscal year to 96 yen, a decrease of 23 yen from the previous fiscal year.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit decreased to 3.48 billion yen, a 17.2% decrease compared to the same period last year. The operating profit margin worsened from 7.2% in the same period last year to 6.6%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 240,350 14,227 12,478 8,778 294.8 118.33 Apr 27, 2023 J-GAAP
Mar, 2024 242,888 15,428 13,922 9,986 333.5 135 Apr 30, 2024 J-GAAP
Mar, 2025 216,379 12,457 11,415 8,874 295.7 119 Apr 28, 2025 J-GAAP
YoY -10.9% -19.3% -18.0% -11.1% -11.3%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Guidance 230,000 ー 12,700 8,700 288.6 117 Apr 30, 2024 J-GAAP
Mar, 2025 Results 216,379 12,457 11,415 8,874 295.7 119 Apr 28, 2025 J-GAAP
Revision Rate -5.9% － -10.1% +2.0% +2.5%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 111,712 6,292 6,147 4,305 143.2 52 Nov 1, 2024 J-GAAP
Apr - Sep, 2025 Guidance 91,400 ー 3,300 2,300 77.6 32 Apr 28, 2025 J-GAAP
YoY -18.2% － -46.3% -46.6% -45.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 242,888 15,428 13,922 9,986 333.5 135 Apr 30, 2024 J-GAAP
Mar, 2025 216,379 12,457 11,415 8,874 295.7 119 Apr 28, 2025 J-GAAP
Mar, 2026 Guidance 200,000 ー 10,000 7,000 236.1 96 Apr 28, 2025 J-GAAP
YoY -7.6% － -12.4% -21.1% -20.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 63,140 4,568 4,205 2,916 97.4 7.2 Apr 30, 2024 J-GAAP
Apr - Jun, 2024 56,607 4,252 3,614 2,494 83.1 7.5 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 55,105 2,040 2,533 1,811 60.2 3.7 Nov 1, 2024 J-GAAP
Oct - Dec, 2024 50,384 2,566 1,788 1,269 42.2 5.1 Jan 31, 2025 J-GAAP
Jan - Mar, 2025 54,283 3,599 3,480 3,300 110.0 6.6 Apr 28, 2025 J-GAAP
YoY -14.0% -21.2% -17.2% +13.2% +12.9%

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