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Earnings presentation7729TOKYO SEIMITSU CO.,LTD.Electrical and Precision Instruments

FY2026 (fiscal year ending March 2027) second-quarter earnings briefing

Revenue, profit and orders for the first half and second quarter reached record-high levels, and the company raised its full-year earnings forecast from the outlook announced in August. Full-year revenue was raised from ¥189.0 billion to ¥192.0 billion, operating profit from ¥44.0 billion to ¥45.0 billion, and the annual dividend forecast was increased to ¥316.

Worth reading
65In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
30
¥100 million (amount of upward revision to full-year revenue forecast)
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Earnings presentationSecond quarter of the fiscal year ending March 202710 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥924 100 million+20.0%
Operating profit¥203 100 million+38.0%
Ordinary income¥211 100 million+41.0%
Net income¥155 100 million+61.0%
Operating profit margin22 %
Results for the three months of the current quarter
Orders received
¥731 100 million+64.0%
Net Sales
¥557 100 million+21.0%
Operating profit
¥144 100 million+42.0%
Ordinary income
¥147 100 million+40.0%
Net income for the current fiscal year
¥108 100 million+70.0%
Full-year earnings forecast
Net Sales
¥1,920 100 million
Operating profit
¥450 100 million
Ordinary income
¥455 100 million
Net income for the current fiscal year
¥320 100 million
R&D expenses
¥130 100 million
Capital Expenditure
¥150 100 million
Depreciation and amortization
¥62 100 million
Semiconductor manufacturing equipment revenue
¥1,505 100 million
Metrology equipment revenue
¥415 100 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue exceeded the plan by approximately ¥4.0 billion
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • Assumed exchange rate150 Yen/Dollar
  • Proba market average annual growth rate20 %
  • Full-year orders for semiconductor manufacturing equipment2,200 Approximately ¥100 million
New initiatives
  • Double the number of probers that can be produced by around mid-FY2028 compared with the first half of FY2026
  • Phases 1 and 2, including expansion of production space at the Hanno Plant
  • Completion of the Hanno No. 2 Plant
Key KPIsA metric the company considers important as a management benchmark.
  • Orders received¥1,390 100 million
    Year on year against the same period last year+72.0%
  • R&D expenses¥68 100 million
    Year on year against the same period last year+22.0%
  • Capital Expenditure¥47 100 million
    Year on year against the same period last year-32.0%
  • Depreciation and amortization¥29 100 million
    Year on year against the same period last year+11.0%
  • FCF¥245 100 million
Segment results
Semiconductor manufacturing equipment
Orders received
¥1,141 100 million+86.0%
Net Sales
¥726 100 million+22.0%
Operating profit
¥177 100 million+44.0%
Measurement Equipment
Orders received
¥249 100 million+29.0%
Net Sales
¥198 100 million+12.0%
Operating profit
¥26 100 million+10.0%
Medium-term management plan targets
The company is expected to achieve the quantitative targets of its current medium-term management plan in FY2026. The target figures themselves are not disclosed.
Market Size / Share
Proba market average annual growth rate
20 %
Orders received and order backlog
Orders received
¥1,390 100 million
Capital expenditures
¥47 100 million
Annual Dividend
¥316 per share
Interim158
End of period158
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredSecond quarter of the fiscal year ending March 2027
Net Sales¥924 100 million (YoY +20.0%)
Operating profit¥203 100 million (YoY +38.0%)
Ordinary income¥211 100 million (YoY +41.0%)
Net income¥155 100 million (YoY +61.0%)
Operating profit margin22 %
Results for the three months of the current quarterOrders received ¥731 100 million (YoY +64.0%) / Net Sales ¥557 100 million (YoY +21.0%) / Operating profit ¥144 100 million (YoY +42.0%) / Ordinary income ¥147 100 million (YoY +40.0%) / Net income for the current fiscal year ¥108 100 million (YoY +70.0%)
Full-year earnings forecastNet Sales ¥1,920 100 million / Operating profit ¥450 100 million / Ordinary income ¥455 100 million / Net income for the current fiscal year ¥320 100 million / R&D expenses ¥130 100 million / Capital Expenditure ¥150 100 million / Depreciation and amortization ¥62 100 million / Semiconductor manufacturing equipment revenue ¥1,505 100 million / Metrology equipment revenue ¥415 100 million
Self-assessment against the planRevenue exceeded the plan by approximately ¥4.0 billion
Segment resultsSemiconductor manufacturing equipment Orders received ¥1,141 100 million (YoY +86.0%) / Net Sales ¥726 100 million (YoY +22.0%) / Operating profit ¥177 100 million (YoY +44.0%) / Measurement Equipment Orders received ¥249 100 million (YoY +29.0%) / Net Sales ¥198 100 million (YoY +12.0%) / Operating profit ¥26 100 million (YoY +10.0%)
Key KPIsOrders received ¥1,390 100 million, R&D expenses ¥68 100 million, Capital Expenditure ¥47 100 million, Depreciation and amortization ¥29 100 million, FCF ¥245 100 million
Assumptions Underlying the Business OutlookAssumed exchange rate 150 Yen/Dollar, Proba market average annual growth rate 20 %, Full-year orders for semiconductor manufacturing equipment 2,200 Approximately ¥100 million
Medium-term management plan targetsThe company is expected to achieve the quantitative targets of its current medium-term management plan in FY2026. The target figures themselves are not disclosed.
Annual Dividend¥316 per share
Capital expenditures¥47 100 million
Orders received and order backlogOrders received ¥1,390 100 million / Order backlog Not disclosed
Market Size / ShareProba market average annual growth rate 20 %
New initiativesDouble the number of probers that can be produced by around mid-FY2028 compared with the first half of FY2026, Phases 1 and 2, including expansion of production space at the Hanno Plant, Completion of the Hanno No. 2 Plant
Items this document does not state (12)
Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsPayout ratioAcquisition of treasury sharesKey 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.

Demand for semiconductor manufacturing equipment was strong in HPC, including generative AI, among global OSATs, for high-end applications in China and for general-purpose memory, and orders therefore exceeded expectations. The company reviewed its full-year forecast after comprehensively considering first-half results, production trends and component procurement trends.

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.
FY2026 (fiscal year ending March 2027) second-quarter earnings briefing | TOKYO SEIMITSU CO.,LTD. (7729) timely disclosure | Komori