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Tokyo Electron, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 18% Decrease, Dividend Revised down by 133 Yen
8035 Tokyo Electron Limited 【J-GAAP】
Earnings ReportTokyo Electron Limited <8035> [TSE Prime] announced its financial results after the market closed on July 31st (16:00). The consolidated ordinary profit for the first quarter of the fiscal year ending March 2026 (April to June) decreased 12.0% from the same period last year to 147 billion yen.
In addition, the full-year forecast for consolidated ordinary profit has decreased 21.3%, from the previous forecast of 736 billion yen to 579 billion yen (compared to 707 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of an 18.2% decrease in profit.
Furthermore, the April to September period (first half) consolidated ordinary profit forecast remains unchanged from the estimate of 293 billion yen(compared to 321 billion yen in the previous period).
Due to a decline in performance, the company has reduced its planned annual dividend for the current fiscal year from the original plan of 618 yen to 485 yen (compared to 592 yen in the previous period).
In the most recent three-month period, from April to June (1Q), the operating profit margin decreased from 29.9% in the same period last year to 26.3%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2023 | 391,746 | 82,433 | 83,046 | 64,312 | 137.5 | 45.8 | Aug 10, 2023 | J-GAAP |
| Apr - Jun, 2024 | 555,071 | 165,733 | 167,398 | 126,189 | 273.2 | 52.1 | Aug 8, 2024 | J-GAAP |
| Apr - Jun, 2025 | 549,586 | 144,694 | 147,347 | 117,801 | 257.1 | 50.3 | Jul 31, 2025 | J-GAAP |
| YoY | -1.0% | -12.7% | -12.0% | -6.6% | -5.9% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 2,600,000 | 727,000 | 736,000 | 566,000 | 1,234.7 | 618 | Apr 30, 2025 | J-GAAP |
| Mar, 2026 New | 2,350,000 | 570,000 | 579,000 | 444,000 | 968.6 | 485 | Jul 31, 2025 | J-GAAP |
| Revision Rate | -9.6% | -21.6% | -21.3% | -21.6% | -21.6% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 1,121,626 | 313,904 | 321,181 | 243,903 | 528.7 | 265 | Nov 12, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 1,150,000 | 288,000 | 293,000 | 224,000 | 488.9 | 245 | Apr 30, 2025 | J-GAAP |
| YoY | +2.5% | -8.3% | -8.8% | -8.2% | -7.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 1,830,527 | 456,263 | 463,185 | 363,963 | 783.8 | 393 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 2,431,568 | 697,319 | 707,727 | 544,133 | 1,182.4 | 592 | Apr 30, 2025 | J-GAAP |
| Mar, 2026 Guidance | 2,350,000 | 570,000 | 579,000 | 444,000 | 968.6 | 485 | Jul 31, 2025 | J-GAAP |
| YoY | -3.4% | -18.3% | -18.2% | -18.4% | -18.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 555,071 | 165,733 | 167,398 | 126,189 | 273.2 | 29.9 | Aug 8, 2024 | J-GAAP |
| Jul - Sep, 2024 | 566,555 | 148,171 | 153,783 | 117,714 | 255.2 | 26.2 | Nov 12, 2024 | J-GAAP |
| Oct - Dec, 2024 | 654,540 | 199,617 | 200,210 | 157,264 | 341.2 | 30.5 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 655,402 | 183,798 | 186,336 | 142,966 | 310.7 | 28.0 | Apr 30, 2025 | J-GAAP |
| Apr - Jun, 2025 | 549,586 | 144,694 | 147,347 | 117,801 | 257.1 | 26.3 | Jul 31, 2025 | J-GAAP |
| YoY | -1.0% | -12.7% | -12.0% | -6.6% | -5.9% |
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