SCREEN Holdings Co.,Ltd.'s share price fell from ¥13,745 on 8/12 to ¥13,180 on 8/19. It plunged ¥920 from the previous day on 8/18, and volatile trading has continued since the latest earnings announcement.
On 8/13, the company released its 2027年3月期 first-quarter earnings report. Net sales fell 10.3% year on year to ¥121.8 billion, while net profit declined 37.1% to ¥10.5 billion, resulting in substantial declines in both revenue and profit. The results showed lower equipment sales in the core SPE business to China and Taiwan and to foundries, while the company maintained its full-year outlook for higher revenue and profit, forecasting net sales of ¥743.0 billion and net profit of ¥115.0 billion.
SBI raised its price target on 8/14 and Okasan Securities did so on 8/17, among a series of valuation revisions. Expectations regarding Chinese demand and the business environment also became factors affecting the share price. Trading volume on 8/12 rose sharply from the previous day to 3,066,700 shares, while the closing price was ¥13,745. Trading with large price swings continued around the earnings announcement, with views divided between expectations of a rebound and concerns about market volatility.
As of the earnings announcement on 8/13, the annual dividend forecast for 2027年3月期 was ¥183 per share, above the previous fiscal year's ¥146.5 on a post-split basis. The results combined quarterly earnings showing a decline in profit with an increased dividend forecast, creating a divergence in the time horizons for the company's performance.