Tokyo Electron projects consolidated net income of ¥865 billion for the fiscal year ending March 2027, an increase of 51% from the previous fiscal year and a new record high. The company also announced a share buyback of up to ¥150 billion.
Tokyo Electron announced that consolidated net income for the fiscal year ending March 2027 is projected to reach ¥865 billion, representing an expected 51% increase from the previous fiscal year. The outlook is reportedly underpinned by the company’s ability to serve a broad range of semiconductor manufacturing processes through its extensive product lineup and its strategy of capturing robust AI investment.
At the same time, the company announced a share buyback of up to ¥150 billion as part of its policy to strengthen shareholder returns. The purchase is expected to be capped at 25 million shares, equivalent to approximately 1% of shares outstanding.
Tokyo Electron is therefore expected to set a new record for net income for the third consecutive year. The article cites favorable conditions for AI investment as a factor supporting earnings.
The expansion of the semiconductor market and continued AI investment are seen as affecting both the company’s business portfolio and its earnings plans.