Komori
Financial results presentation268ARigaku Holdings CorporationElectrical Equipment and Precision Instruments

Financial Results Presentation for the Fiscal Year Ended December 2025

2025年12月期は、半導体プロセス・コントロール機器の成長で売上収益が941億円となり、前年から4%増加した。一方、製造能力増強や研究開発などの投資、製品・地域ミックスの変化により、調整後EBITDAと調整後当期利益は前年を下回った。

Worth reading
74In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
35
億円（調整後EBITDAの2026年度予想における2025年度実績からの増加額）
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Financial results presentationFiscal year ended December 2025, full year13 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales941 Hundreds of millions of yen+3.9%
Operating profit¥186 100 million adjusted operating profit
Net income127 億円-17.0%調整後当期利益
Operating profit margin19.8 % adjusted operating margin
Results for the three months of the current quarter
Revenue
346 Hundreds of millions of yen
Adjusted EBITDA
141 Hundreds of millions of yen
Adjusted net income
74 Hundreds of millions of yen
Full-year earnings forecast
Revenue
1,010 Hundreds of millions of yen
Adjusted EBITDA
253 Hundreds of millions of yen
Adjusted operating profit
215 Hundreds of millions of yen
Adjusted net income
139 Hundreds of millions of yen
Adjusted ROE
15 %
R&D expense ratio
8.5 %
設備投資額比率
7.7 %
要員数
2,351 people
Dividend per share
¥19
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
売上は業績予想通り、調整後EBITDA・調整後当期利益は業績予想に対して未達
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
2025年度実績対2024年度実績半導体の売上増による利益増加、製品原価増、部品・サービスの製品・地域ミックス、半導体売上の製品・地域ミックス、R&Dを含む販管費・調整項目、為替評価損
2025年度予想対実績半導体の売上増、製品原価増、価格・その他ミックス、R&Dを含む販管費・調整項目、為替評価損
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
JPY/USD
Actual results for the fiscal year ended December 2025¥149.8
Forecast for the fiscal year ending December 2026¥145
JPY/EURO
Actual results for the fiscal year ended December 2025¥169.5
Forecast for the fiscal year ending December 2026¥165
米国アカデミア市場急速な回復を前提としない
為替比較前年度と同等の為替で比較
New initiatives
  • 半導体プロセス・コントロール機器の新製品展開（XTRAIA、ONYX、AXIなど）
  • ONYX 3200の先端ロジック顧客2社への2026年出荷とメモリ顧客への展開
  • JEPの継続・拡大
  • 多目的分析機器でのインダストリー向け・マテリアル・インフォマティクス向け需要の取り込み
  • 価格政策、製品ミックス改善、製造キャパシティ増強
Key KPIsA metric the company considers important as a management benchmark.
  • Adjusted EBITDA margin23 %
    Year on year against the same period last year-2.9ポイント
  • 調整後当期利益率13.5 %
    Year on year against the same period last year-2.9ポイント
  • 半導体プロセス・コントロール機器のJEP案件数12 Engagements
    Year on year against the same period last yearFY2025は14件（5件はFY25で終了）
  • AI用途半導体向け売上比率60 %
  • 新製品売上比率（半導体）24 %
Segment results
Multi-purpose Analytical Instruments
Revenue
404 Hundreds of millions of yen-2.0%
Operating profit
62 Hundreds of millions of yen
Semiconductor Process Control Equipment
Revenue
278 Hundreds of millions of yen+19.0%
Operating profit
80 Hundreds of millions of yen
Parts and Services
Revenue
259 Hundreds of millions of yen0.0%
Operating profit
51 Hundreds of millions of yen
Medium-term management plan targets
Target fiscal year2027年度（一部目標は2030年）
Revenue growthCAGR +18%（半導体プロセス・コントロール機器）
2030 target既存製品と新製品を合わせて売上1,000億円、想定SAM約10億ドル、目標シェア50%以上
Financial targets
Adjusted ROE
FY2026 forecast15 %
Market Size / Share
想定SAM約10億ドル（2030年）
Target market share50%以上（2030年）
Number of employees
Number of Employees
Actual results for the fiscal year ended December 20252,226
Forecast for the fiscal year ending December 20262,351
Annual Dividend
FY2025
Annual¥18.8
Interim¥9.4
End of period¥9.4
FY2026 forecast
Annual¥19
Interim¥9.5
End of period¥9.5
Payout ratio
30 %を目途
Acquisition of treasury shares
40
Number of Shares4,284,500
Amount unitHundreds of millions of yen
Period2025年度に実施
Cancellation2026年1月28日付で全株の消却を決議済み
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFiscal year ended December 2025, full year
Net Sales941 Hundreds of millions of yen (YoY +3.9%)
Operating profit¥186 100 million (adjusted operating profit)
Net income127 億円（調整後当期利益） (YoY -17.0%)
Operating profit margin19.8 % (adjusted operating margin)
Results for the three months of the current quarterRevenue 346 Hundreds of millions of yen / Adjusted EBITDA 141 Hundreds of millions of yen / Adjusted net income 74 Hundreds of millions of yen
Full-year earnings forecastRevenue 1,010 Hundreds of millions of yen / Adjusted EBITDA 253 Hundreds of millions of yen / Adjusted operating profit 215 Hundreds of millions of yen / Adjusted net income 139 Hundreds of millions of yen / Adjusted ROE 15 % / R&D expense ratio 8.5 % / 設備投資額比率 7.7 % / 要員数 2,351 people / Dividend per share ¥19
Self-assessment against the plan売上は業績予想通り、調整後EBITDA・調整後当期利益は業績予想に対して未達
Segment resultsMulti-purpose Analytical Instruments Revenue 404 Hundreds of millions of yen (YoY -2.0%) / Operating profit 62 Hundreds of millions of yen / Semiconductor Process Control Equipment Revenue 278 Hundreds of millions of yen (YoY +19.0%) / Operating profit 80 Hundreds of millions of yen / Parts and Services Revenue 259 Hundreds of millions of yen (YoY 0.0%) / Operating profit 51 Hundreds of millions of yen
Breakdown of Factors Affecting the Change2025年度実績対2024年度実績 半導体の売上増による利益増加、製品原価増、部品・サービスの製品・地域ミックス、半導体売上の製品・地域ミックス、R&Dを含む販管費・調整項目、為替評価損 / 2025年度予想対実績 半導体の売上増、製品原価増、価格・その他ミックス、R&Dを含む販管費・調整項目、為替評価損
Key KPIsIndicator name Adjusted EBITDA margin / Value 23 % / Year on year against the same period last year -2.9ポイント, Indicator name 調整後当期利益率 / Value 13.5 % / Year on year against the same period last year -2.9ポイント, Indicator name 半導体プロセス・コントロール機器のJEP案件数 / Value 12 Engagements / Year on year against the same period last year FY2025は14件（5件はFY25で終了）, Indicator name AI用途半導体向け売上比率 / Value 60 % / Year on year against the same period last year Not disclosed, Indicator name 新製品売上比率（半導体） / Value 24 % / Year on year against the same period last year Not disclosed
Number of employeesNumber of Employees Actual results for the fiscal year ended December 2025 2,226 / Forecast for the fiscal year ending December 2026 2,351 / Changes during the period and hiring plan Not disclosed
Assumptions Underlying the Business OutlookJPY/USD Actual results for the fiscal year ended December 2025 ¥149.8 / Forecast for the fiscal year ending December 2026 ¥145 / JPY/EURO Actual results for the fiscal year ended December 2025 ¥169.5 / Forecast for the fiscal year ending December 2026 ¥165 / 米国アカデミア市場 急速な回復を前提としない / 為替比較 前年度と同等の為替で比較
Medium-term management plan targetsTarget fiscal year 2027年度（一部目標は2030年） / Revenue growth CAGR +18%（半導体プロセス・コントロール機器） / 2030 target 既存製品と新製品を合わせて売上1,000億円、想定SAM約10億ドル、目標シェア50%以上
Financial targetsAdjusted ROE FY2026 forecast 15 %
Annual DividendFY2025 Annual ¥18.8 / Interim ¥9.4 / End of period ¥9.4 / FY2026 forecast Annual ¥19 / Interim ¥9.5 / End of period ¥9.5
Payout ratio30 %を目途
Acquisition of treasury sharesNumber of Shares 4,284,500 / Amount 40 / Amount unit Hundreds of millions of yen / Period 2025年度に実施 / Cancellation 2026年1月28日付で全株の消却を決議済み
Market Size / Share想定SAM 約10億ドル（2030年） / Target market share 50%以上（2030年）
New initiatives半導体プロセス・コントロール機器の新製品展開（XTRAIA、ONYX、AXIなど）, ONYX 3200の先端ロジック顧客2社への2026年出荷とメモリ顧客への展開, JEPの継続・拡大, 多目的分析機器でのインダストリー向け・マテリアル・インフォマティクス向け需要の取り込み, 価格政策、製品ミックス改善、製造キャパシティ増強
Items this document does not state (10)
Ordinary incomeGross Profit MarginSelling, general and administrative expensesProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookCapital expendituresOrders received and order backlogKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

売上増は半導体プロセス・コントロール機器の成長、リードタイム改善、案件納入の進展によるもの。利益の前年減少・予想未達は、製造キャパシティ増強、研究開発などの戦略投資、製品・地域ミックスの変化、製品原価増などによるものと説明している。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Financial Results Presentation for the Fiscal Year Ended December 2025 | Rigaku Holdings Corporation (268A) timely disclosure | Komori