Komori
Financial results presentation6890Ferrotec CorporationElectrical Equipment and Precision Instruments

(Progress on Disclosed Matter) Disclosure of Earnings Presentation Materials and Medium-Term Management Plan (Rolling Plan) Materials

The forecast for the fiscal year ending December 2026 was revised upward, including sales from ¥350 billion to ¥380 billion and operating income from ¥38 billion to ¥60 billion. The medium-term plan from the fiscal year ending December 2027 onward is being reviewed in its entirety while assessing demand trends.

Worth reading
58In focus
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
30000
Millions of yen (increase in forecast sales for the fiscal year ending December 2026)
Wording
Conditional
How definitive the wording is.

Contents of this document

Medium-Term Management Plan PresentationFirst quarter of the fiscal year ending December 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥182,437 million+29.4%
Results for the three months of the current quarterSales of ¥182,437 million (the materials include results for subsidiaries from January to June 2026 and results for the Company from April to June 2026)
Full-year earnings forecast
Net Sales
¥380,000 million
Operating profit
¥60,000 million
Operating profit margin
15.7 %
Net income for the current fiscal year
¥36,000 million
Capital expenditures
¥65,000 million
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
International affairs, economic conditions, supply and demand trends for products, raw material prices, market conditions, and foreign exchange rates, among other factors
New initiatives
  • Review of the Medium-Term Management Plan (Rolling Plan)
  • Adoption of DOE (dividend on equity) and setting a floor of 3.5%
  • Policy of targeting a total payout ratio of 50%
  • Flexible consideration of share repurchases
Segment results
  • Semiconductor and Other Equipment-Related
    Net Sales¥118,153 million
    Year on year against the same period last year+33.7%
  • Electronic Devices
    Net Sales¥39,954 million
    Year on year against the same period last year+42.2%
  • Automotive-Related
    Net Sales¥16,046 million
    Year on year against the same period last year+0.3%
  • Other
    Net Sales¥8,283 million
    Year on year against the same period last year-2.8%
Medium-term management plan targets
Fiscal year ending December 2026
Net Sales380,000
Operating profit60,000
Net income for the current fiscal year36,000
FY2027.12
Net Sales400,000
Operating profit48,000
FY2028 December
Net Sales450,000
Operating profit57,000
Financial targets
ROE
Actual results for the fiscal year ending March 20266 %
Target for the fiscal year ending December 202811 %
ROIC
Actual results for the fiscal year ending March 20263.2 %
Target for the fiscal year ending December 20287 %
Equity ratio
Actual results for the fiscal year ending March 202637.6 %
Plan for the fiscal year ending December 202640 %
Plan for the fiscal year ending December 202740 %
Plan for the fiscal year ending December 202840 %
Capital expenditures
¥65,000 million
Annual Dividend
Actual results for the fiscal year ending March 2026¥148 per share
Forecast for the fiscal year ending December 2026¥200 per share
Acquisition of treasury shares
Considered flexibly
Contents of this document
ItemDetails
Document typeMedium-Term Management Plan Presentation
Fiscal Period CoveredFirst quarter of the fiscal year ending December 2026
Net Sales¥182,437 million (YoY +29.4%)
Results for the three months of the current quarterSales of ¥182,437 million (the materials include results for subsidiaries from January to June 2026 and results for the Company from April to June 2026)
Full-year earnings forecastNet Sales ¥380,000 million / Operating profit ¥60,000 million / Operating profit margin 15.7 % / Net income for the current fiscal year ¥36,000 million / Capital expenditures ¥65,000 million
Segment resultsSegment Semiconductor and Other Equipment-Related / Net Sales ¥118,153 million / Year on year against the same period last year 33.7, Segment Electronic Devices / Net Sales ¥39,954 million / Year on year against the same period last year 42.2, Segment Automotive-Related / Net Sales ¥16,046 million / Year on year against the same period last year 0.3, Segment Other / Net Sales ¥8,283 million / Year on year against the same period last year -2.8
Assumptions Underlying the Business OutlookInternational affairs, economic conditions, supply and demand trends for products, raw material prices, market conditions, and foreign exchange rates, among other factors
Medium-term management plan targetsFiscal year ending December 2026 Net Sales 380,000 / Operating profit 60,000 / Net income for the current fiscal year 36,000 / FY2027.12 Net Sales 400,000 / Operating profit 48,000 / FY2028 December Net Sales 450,000 / Operating profit 57,000
Financial targetsROE Actual results for the fiscal year ending March 2026 6 % / Target for the fiscal year ending December 2028 11 % / ROIC Actual results for the fiscal year ending March 2026 3.2 % / Target for the fiscal year ending December 2028 7 % / Equity ratio Actual results for the fiscal year ending March 2026 37.6 % / Plan for the fiscal year ending December 2026 40 % / Plan for the fiscal year ending December 2027 40 % / Plan for the fiscal year ending December 2028 40 %
Annual DividendActual results for the fiscal year ending March 2026 ¥148 per share / Forecast for the fiscal year ending December 2026 ¥200 per share
Acquisition of treasury sharesConsidered flexibly
Capital expenditures¥65,000 million
New initiativesReview of the Medium-Term Management Plan (Rolling Plan), Adoption of DOE (dividend on equity) and setting a floor of 3.5%, Policy of targeting a total payout ratio of 50%, Flexible consideration of share repurchases
Items this document does not state (18)
Operating profitOrdinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planBreakdown of Factors Affecting the ChangeKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookPayout ratioOrders received and order backlogMarket Size / ShareKey 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.

Increased demand for products used in semiconductor manufacturing equipment related to generative AI and thermoelectric modules for optical transceivers used in AI data centers, as well as increased sales of highly profitable products.

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.
(Progress on Disclosed Matter) Disclosure of Earnings Presentation Materials and Medium-Term Management Plan (Rolling Plan) Materials | Ferrotec Corporation (6890) timely disclosure | Komori