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Tokyo Electron projects 42% rise in operating profit for September interim period, withholds full-year forecast
Tokyo Electron Limited <8035> released its first-half forecast for the fiscal year ending March 2027 after the close on the 30th, alongside results for the year ended March 2026. Tokyo Electron projects revenue of 1.57 trillion yen, up 33.1% year-on-year, and operating profit of 431.0 billion yen, a 42.2% increase. Net profit is forecast to rise 35.7% to 328.0 billion yen. The interim dividend is set at 361 yen, up from 264 yen a year earlier. The company withheld its full-year guidance, noting it would be announced with its interim results in September.
For the fiscal year ended March 2026, revenue reached 2.44 trillion yen, up 0.5% year-on-year, while operating profit fell 10.4% to 624.94 billion yen. Net profit rose 5.6% to 574.45 billion yen. During the year, investment in China for semiconductor manufacturing equipment plateaued, while demand for generative AI applications grew significantly. Despite lower operating profit, Tokyo Electron posted a net profit increase due to gains from the sale of investment securities.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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