DISCO CORPORATION <6146> shares traded in a narrow range. After the market closed on April 22, the company reported consolidated financial results for the fiscal year ended March 2026 and issued its earnings forecast for the first quarter ending June 2027. DISCO expects sales of 106.1 billion yen, up 18.0% year-on-year, operating profit of 42,000 million yen, up 21.8%, and net profit of 29,500 million yen, up 24.1%. The projected profit growth provided a sense of relief to the market. Although shares opened higher, gains were capped by profit-taking.

The company noted that volatile customer investment appetite in the semiconductor and electronics sectors makes long-term demand forecasting difficult. Consequently, it will maintain its policy of providing quarterly guidance. Shipment value for the April-June period is projected at 132 billion yen, compared with 111.1 billion yen a year earlier and 121.6 billion yen in the preceding quarter. The assumed exchange rate is 157 yen per dollar. Fueled by robust demand related to generative AI, quarterly shipment value is expected to hit a record high.

For the fiscal year ended March 2026, consolidated sales rose 11.1% to 436.89 billion yen, operating profit increased 10.9% to 184.99 billion yen, and net profit climbed 9.4% to 135.52 billion yen. All figures topped previous guidance to reach record levels. The year-end dividend for the March 31 record date was set at 376 yen, up 68 yen from the prior forecast, bringing the annual payout to 505 yen. The dividend forecast for the current fiscal year remains undisclosed.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.