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Tokyo Electron Device raises full-year profit forecast to ¥11.0 billion, ups dividend

Wed, Oct 28, 2026 15:30 JST Tokyo Electron Device Ltd. (2760.T) Semiconductors 中文

Tokyo Electron Device Ltd. (2760) on Oct. 28 raised its consolidated net profit forecast for the year ending March 2027 to ¥11.0 billion from ¥9.4 billion and lifted its annual dividend forecast to ¥151 a share from ¥129.

FY net profit forecast¥11.0 billion (prev. ¥9.4 billion)
FY revenue forecast¥270.0 billion (prev. ¥240.0 billion)
Annual dividend forecast¥151 per share (prev. ¥129)
1H net profit¥5.00 billion (up 93.7%)

The company also raised its revenue forecast to ¥270.0 billion from ¥240.0 billion and its ordinary profit forecast to ¥16.0 billion from ¥13.6 billion. Projected earnings per share rose to ¥373.78 from ¥318.26.

ItemPrevious (July 29)RevisedChange
Revenue¥240.0 billion¥270.0 billion+12.5%
Ordinary profit¥13.6 billion¥16.0 billion+17.6%
Net profit¥9.4 billion¥11.0 billion+17.0%

The company said demand for semiconductors and IT products remained strong on the back of growing AI demand, with orders, including advance orders from customers, running above initial assumptions. It added that some products were taking longer to obtain from suppliers, and that the impact of longer lead times on earnings needed to be monitored.

For the April-September first half, revenue rose 30.9% from a year earlier to ¥125.96 billion, operating profit climbed 114.0% to ¥7.62 billion and net profit attributable to owners of the parent rose 93.7% to ¥5.00 billion. External sales in the semiconductor and electronic device business rose 35.3% to ¥104.28 billion, with segment profit up 321.5% to ¥4.46 billion.

Citing its guideline of a 40% consolidated payout ratio, the company set its interim dividend at ¥69 a share, above the ¥60 previously forecast and ¥35 a year earlier, and raised its year-end dividend forecast to ¥82 from ¥69. The annual dividend for the year ended March 2026 was ¥107.

The interim dividend takes effect on Nov. 27, 2026. The company plans to file its semiannual securities report on Nov. 9, 2026.


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