Q2 FY2018 (July - September 2017) Financial Announcement
|
|
- Neal Barker
- 6 years ago
- Views:
Transcription
1 FY218 (July - September 217) Financial Announcement October 31, 217 Agenda: FY218 Consolidated Financial Summary Tetsuro Hori, Representative Director, CFO, Executive Vice President Business Environment and Financial Estimates Toshiki Kawai, Representative Director, President & CEO CORP IR / October 31, 217 1
2 Forward Looking Statements Disclaimer regarding forward-looking statement Forecast of TEL s performance and future prospects and other sort of information published are made based on information available at the time of publication. Actual performance and results may differ significantly from the forecast described here due to changes in various external and internal factors, including the economic situation, semiconductor/fpd market conditions, intensification of sales competition, safety and product quality management, and intellectual property-related risks. Processing of numbers For the amount listed, because fractions are rounded down, there may be the cases where the total for certain account titles does not correspond to the sum of the respective figures for account titles. Percentages are calculated using full amounts, before rounding. Exchange Risk In principle, export sales of Tokyo Electron s mainstay semiconductor and FPD panel production equipment are denominated in yen. While some settlements are denominated in dollars, exchange risk is hedged as forward exchange contracts are made individually at the time of booking. Accordingly, the effect of exchange rates on profits is negligible. FPD: Flat panel display CORP IR / October 31, 217 2
3 FY218 Consolidated Financial Summary October 31, 217 Tetsuro Hori Representative Director, CFO, Executive Vice President CORP IR / October 31, 217 3
4 FY218 (July - September) Highlights Record high sales of 28.5 billion yen (QoQ+19%) Approx. 6% of SPE new equipment sales for memory FS business sales 64.4 billion yen, up 18% QoQ Solid increase in profit margins Operating margin new record high of 24.4% (+1.2pts QoQ) FPD segment profit margin improving as planned Raised full year sales and profit estimates based on buoyant semiconductor demand SPE: Semiconductor production equipment, FS: Field solutions, FPD: Flat panel display production equipment CORP IR / October 31, 217 4
5 4 Financial Summary (Billion yen) FY217 FY218 Q3 Q4 Q1 vs. Q1 FY218 Net sales % Gross profit Gross profit margin % % % % % +21.7% +1.pts SG&A expenses % Operating income Operating margin % % % % % +25.1% +1.2pts Income before income taxes % Net income attributable to owners of parent % R&D expenses % Capital expenditures % Depreciation and amortization % 1. In principle, export sales of Tokyo Electron s mainstay semiconductor and FPD production equipment are denominated in yen. While some settlements are denominated in dollars, exchange risk is hedged as forward exchange contracts are made individually at the time of booking. 2. Profit ratios are calculated using full amounts, before rounding. CORP IR / October 31, 217 5
6 Financial Performance % % 4% 15 3% % % FY 17 Q3 Q4 Q1 FY 18 Net sales Operating income Net income attributable to owners of parent Gross profit margin 39.7% 39.1% 42.5% 41.1% 42.1% Operating margin 18.5% 18.3% 23.6% 23.2% 24.4% Gross margin maintained at high level, new record high operating margin CORP IR / October 31, %
7 Segment Information SPE (Semiconductor production equipment) 3 25 Sales Segment income Segment profit margin % 5% FPD (Flat panel display production equipment) 3 25 Sales Segment income Segment profit margin 6% 5% 1% Composition of Net Sales Others FPD % % % 24.2% 27.8% FY' % 29.6% Q3 Q4 Q1 FY' % 2% 1% % % 7.1% FY' % %.4 Q3 Q4 Q1 FY' % 2.2 3% 2% 1% % 5% % FY'17 Q3 Q4 Q1 FY'18 SPE 1. Segment income is based on income before income taxes. 2. R&D expenses such as fundamental research and element research are not included in above reportable segments. 3. Composition of net sales figures is based on the sales to customers. CORP IR / October 31, 217 7
8 SPE Division: Sales by Region FY 16 Q3 Q4 Q1 FY 17 Q3 Q4 Q1 FY 18 Japan North America Europe South Korea Taiwan China S. E. Asia, Others CORP IR / October 31, 217 8
9 SPE Division: New Equipment Sales by Application 25 DRAM Non-volatile memory Logic Foundry Logic & others (MPU, AP, Others) % 29% 2% 2% 3% 3% 21% FY' % 25% 23% 23% 27% 27% 25% 38% 38% 17% 17% 22% 22% 23% 18% % 31% 31% 32% 32% 19% Q3 Q4 Q1 FY'17 Increase in DRAM sales to Korea and Taiwan and logic to Korea and US, decline in Taiwan foundry CORP IR / October 31, 217 Percentages on the graph show the composition ratio of new equipment sales. Field solutions sales are not included. 9 12% % 31% 31% 32% 32% 25% 16% % 24% 24% 34% 34% 26% 22% % 27% 27% 27% 27% 24% 17% % 4% 4% 16% 16% 27% Q3 Q4 Q1 FY' % 35% 8% 32%
10 Field Solutions Sales FY 16 Q3 Q4 Q1 FY 17 Q3 Q4 Q1 FY 18 SPE Sales FPD Sales CORP IR / October 31, 217 1
11 Balance Sheet Assets Liabilities & Net Assets , Cash & cash equivalents* Trade notes, accounts receivables , Liabilities FY'17 Q3 Q4 Q1 FY'18 Inventories Other current assets Tangible assets Intangible assets Investment & other assets FY' Q3 Q4 Q1 FY' Net assets * Cash and cash equivalents: Cash and deposits + Short-term investments, etc. (Securities in B/S). CORP IR / October 31,
12 Inventory Turnover and Accounts Receivable Turnover (Days) Net Sales Inventory Turnover Accounts Receivable turnover FY'16 Q3 Q4 Q1 FY'17 Q3 Q4 Q1 FY'18 Turnover days = inventory or accounts receivable at the end of each quarter / last 12 months sales x 365 CORP IR / October 31,
13 Cash Flow Share Repurchase FY 16 Q3 Q4 Q1 FY 17 Q3 Q4 Q1 FY 18 Cash flow from operating activities Cash flow from investing activities* Cash flow from financing activities Free cash flow** Cash on hand*** * Cash flow from investing activities excludes changes in deposits with periods to maturity of over 3 months. ** Free cash flow = cash flow from operating activities + cash flow from investing activities excluding changes in deposits with peri ods to maturity of over 3 months. *** Cash on hand includes the total of cash + deposits with periods to maturity of over 3 months. CORP IR / October 31,
14 Business Environment and Financial Estimates Revisions October 31, 217 Toshiki Kawai Representative Director, President & CEO CORP IR / October 31,
15 Wafer Fab Equipment (WFE) Market Outlook Future growth drivers PC, internet, mobile + VR/AR *, IoT, AI **, machine learning, big data, autonomous driving, personalized medicine * VR/AR: Virtual reality/augmented reality ** AI: Artificial intelligence ($ Billion) WFE market growth accelerating. Ongoing investment of $45B+ Expanding investment in both advanced logic and memory CY'13 CY'14 CY'15 CY'16 CY'17 CY'18 Equipment market will move to the next phase amid expanding applications for semiconductors CORP IR / October 31, 217 Source: VLSI Chip Market Research Services Equipment Database, 3Q17 Update October Graph created by TEL using above data 15 Equipment for w afer-level packaging is not included in the market size here.
16 Business Environment (Outlook as of October 217) WFE * Capex CY217 investment driven by buoyant demand for 3D NAND and DRAM, expect YoY growth of approx. 25%. For CY218 we expect continued investment above the level seen in CY217. FPD production equipment capex for TFT array process ** We expect CY217 investment in production equipment increase of approx. 3% YoY with demand driven by continued investment in small/medium panels for mobile and startup of G1.5. For CY218 we expect further growth of 2%+ due to expanded investment in G1.5. Accelerating growth in the equipment market on active investment in IoT and next generation technologies * WFE (Wafer fab equipment): The semiconductor production process is divided into front-end production, in which circuits are formed on wafers and inspected, and back-end production, in which wafers are cut into chips, assembled and inspected again. Wafer fab equipment refers to the production equipment used in front-end production and in wafer-level packaging production. ** TFT array process: The processes of manufacturing the substrates with the electric circuit functions that drive displays CORP IR / October 31,
17 CY217 Market Growth and Business Opportunities by Application NAND: Market growth of 5% YoY forecast Capex: 6X/7X generations to comprise 7% Driving force: Growth in SSD demand for data centers Opportunity: Differentiation through high value-added etch DRAM: Increase of 5% Capex: Capex for 1Xnm generation to comprise 6% (1k/wspm) Driving force: Average mobile device capacity up 25% YoY, server capacity up 4% Opportunity: Differentiation through combined patterning and our strength in interconnects Logic/Foundry: Same level forecast Capex: 1/7nm generation to comprise 7% Driving force: Demand for higher performance, lower power consumption Opportunity: Business expansion in more complex patterning processes D NAND production capacity TEL estimate 35 7 CY'15 CY'16 CY'17 CY'18 CY'19 year-end CORP IR / October 31,
18 FY218 SPE Business Progress Expect share to grow in all three key equipment fields (etch, deposition, clean) Differentiation through high value-added equipment for next generation technology Full year sales for memory expected to double YoY on increased investment and market share growth Etch system (3D NAND: multi-level contact/word line isolation, DRAM: patterning/interconnects) Deposition system (3D NAND: memory hole film stack) Cleaning system (3D NAND: dummy word line removal, DRAM: metal recess etch) Multi-cell test system(high speed test for 3D NAND) 3D NAND Multi-level contact Word line isolation dummy word line removal Plasma Etch System Tactras Atomic Layer Deposition System NT333 Auto Wet Station EXPEDIUS -i Multi-Cell Test System Cellcia SPE business strategy progressing as planned, growing share with technology for next generation CORP IR / October 31,
19 FY218 FPD Business Progress Establishing our leading position in G1.5 Introduced new Betelex platform etch equipment Expansion of PICP * etch system going well Full year small/medium panel sales expected to approx. double YoY, captured large panel business too FPD Coater/Developer Exceliner FPD Etch/Ash System Impressio FPD Etch/Ash System Betelex FPD business strategy is proceeding well, expect profit ratio to increase according to plan CORP IR / October 31, * PICP: Plasma source for producing extremely uniform high density plasma on substrate
20 FY218 Financial Estimates CORP IR / October 31, 217 2
21 Revision of FY218 Financial Estimates FY217 (Actual) FY218 (Estimates) 1 st half 2 nd half Full year Actual New estimates New estimates Adjustments* Adjustments* Full year YoY change Net sales , % SPE , % FPD % Gross profit Gross profit margin % % % pts % pts pts SG&A expenses Operating income Operating margin % % % pts % pts pts Income before income taxes Net income attributable to owners of parent (Billion yen) Net income per share (Yen) , Large upward revision of full-year financial estimates due to expanding customer investment and increase in market share CORP IR / October 31, 217 *Adjustments:changes from the figures announced on April 28, SPE: Semiconductor production equipment, FPD: Flat panel display production equipment
22 FY218 SPE Division New Equipment Sales Forecast (Billion yen) Sales by application DRAM Logic foundry Non-volatile memory Logic & others % 22% 4% 37% DRAM Sharp increase in investment on tight supply 3D NAND Strong demand for SSD, greater than expected increase in investment Begin supplying equipment for next 9X generation 1 11% 3% FY218 (Actual) 1% 25% FY218 H2 (Estimates) Logic/Foundry Continue investment in 1/7nm generation Firm investment in 28nm and above generation too CORP IR / October 31, 217 Percentages on the graph show the composition ratio of new equipment sales. Field solutions sales are not included. 22
23 R&D Expenses, Capex Plan R&D Expenses 94.B 1.B Continue investing based on focus areas and sustainable growth Capex 42.B 5.B Actively invest in advanced technologies R&D and to meet increasing production Depreciation 24.B 23.B R&D expenses Capex Depreciation FY'14 FY'15 FY'16 FY'17 FY'18(E) FY'14 FY'15 FY'16 FY'17 FY'18(E) Plan to conduct proactive upfront investment towards a new phase in the equipment market CORP IR / October 31,
24 FY218 Dividend Forecast (Yen) yen 143 yen Dividend per share 237 yen 352 yen 65 yen Year-end 328 yen Interim 277 yen FY214 FY215 FY216 FY217 FY218(E) TEL shareholder return policy Dividend payout ratio: 5% Annual DPS of not less than 15 yen We will review our dividend policy if the company does not generate net income for two consecutive fiscal years We will flexibly consider share buybacks Expect to raise DPS more than 7% YoY CORP IR / October 31,
25 Appendix CORP IR / October 31,
26 FY218 (April-September 217) Highlights Record high sales of billion yen (up 47% YoY) SPE new equipment sales for memory doubled FS business sales up 23% to billion yen Solid increase in profit margins Gross margin up 2.4pts to 41.7% Operating margin new record high of 23.9% (+6.9pts YoY). Medium-term target of 24%-26% now in sight Raised full year sales and profit estimates based on buoyant semiconductor demand SPE: Semiconductor production equipment, FS: Field solutions CORP IR / October 31,
27 Financial Summary FY217 FY218 H2 YoY Change (Reference) FY218 estimates announced on Apr. 28 Net sales % 48. Gross profit Gross profit margin % % % +55.3% +2.4pts % SG&A expenses % 98. Operating income Operating margin % % % 15.5% +6.9pts % Income before income taxes % 14. Net income attributable to owners of parent % 79. R&D expenses % Capital expenditures % Depreciation and amortization % 1. In principle, export sales of Tokyo Electron s mainstay semiconductor and FPD production equipment are denominated in yen. While some settlements are denominated in dollars, exchange risk is hedged as forward exchange contracts are made individually at the time of booking. 2. Profit ratios are calculated using full amounts, before rounding. CORP IR / October 31,
28 Financial Performance 6 5% % 4% 4 3 3% % % FY 16 H2 FY 17 H2 FY 18 Net sales Operating income Net income attributable to owners of parent Gross profit margin 39.9% 4.6% 39.3% 41.1% 41.7% Operating margin 18.% 17.2% 17.% 21.4% 23.9% 1% CORP IR / October 31,
29 Segment Information SPE (Semiconductor production equipment) 5 Sales Segment income Segment profit margin % FPD (Flat panel display production equipment) 5 Sales Segment income Segment profit margin 5% 1% Composition of Net Sales Others FPD 4 4% 4 4% % 19.3% 21.9% % % % 2% 1% % % 6.8% 12.1% % 3% 2% 1% 5% SPE FY'16 H2 FY'17 H2 FY'18 % FY' H2 1.7 FY'17 H FY'18 % % FY'16 H2 FY'17 H2 FY'18 1. Segment income is based on income before income taxes. 2. R&D expenses such as fundamental research and element research are not included in above reportable segments. 3. Composition of net sales figures is based on the sales to customers. CORP IR / October 31,
30 Balance Sheet Assets Liabilities & Net Assets , , Cash & cash equivalents* Liabilities FY'16 H2 FY'17 H2 FY'18 Trade notes, accounts receivables Inventories Other current assets Tangible assets Intangible assets Investment & other assets FY'16 H2 FY' H FY'18 Net assets * Cash and cash equivalents: Cash and deposits + Short-term investments, etc. (Securities in B/S). CORP IR / October 31, 217 3
31 CORP IR / October 31,
FY2017 (Apr. 1, 2016 Mar. 31, 2017) Financial Announcement
FY217 (Apr. 1, 216 Mar. 31, 217) Financial Announcement April 28, 217 Agenda: FY217 Consolidated Financial Summary Tetsuro Hori, Representative Director, Executive Vice President & General Manager Business
More informationQ1 FY2019 (April 1, 2018 June 30, 2018) Financial Announcement
Q1 FY219 (April 1, 218 June 3, 218) Financial Announcement July 26, 218 Agenda: Q1 FY219 Consolidated Financial Summary Ken Sasagawa, Vice President, Accounting Dept. Business Environment and Financial
More informationFY2016 (Apr. 1, 2015 Mar. 31, 2016) Financial Announcement
FY216 (Apr. 1, 215 Mar. 31, 216) Financial Announcement April 26, 216 Agenda: FY216 Consolidated Financial Summary Tetsuro Hori, Corporate Director, Senior Vice President & General Manager Business Environment
More information1Q FY2016 (April 1, 2015 June 30, 2015) Financial Announcement
FY216 (April 1, 215 June 3, 215) Financial Announcement Agenda: Introduction Tetsuro Higashi, Representative Director, President & CEO FY216 Consolidated Financial Summary Tetsuro Hori, Corporate Director,
More informationFY2015 (April 1, 2014 March 31, 2015) Financial Announcement
FY215 (April 1, 214 March 31, 215) Financial Announcement Agenda: FY215 Consolidated Financial Summary Yoshiteru Harada, Corporate Director, Executive Officer Business Environment and Approach to Raising
More information3Q FY2012 (April 1, 2011 December 31, 2011) Financial Announcement
FY212 (April 1, 211 December 31, 211) Financial Announcement TOKYO ELECTRON February 3, 212 FY212 (April 1, 211 December 31, 211) Consolidated Financial Summary FY212: October 1, 211 - December 31, 211
More informationThe 55th Annual General Meeting of Shareholders June 19, 2018
The 55th Annual General Meeting of Shareholders June 19, 2018 The 55 th Annual General Meeting of Shareholders 1 FY2018 Financial Report (FY2018: April 1, 2017 March 31, 2018) The 55 th Annual General
More informationTOKYO ELECTRON Summary of Consolidated Financial Results for the Second Quarter Ended September 30, 2018 (Japanese GAAP) October 31, 2018 Name of List
Summary of Consolidated Financial Results for the Second Quarter Ended September 30, 2018 (Japanese GAAP) October 31, 2018 Name of Listed Company: Tokyo Electron Limited Stock Exchange Listing: Tokyo Security
More informationTokyo Electron Corporate Update
Tokyo Electron Corporate Update May 11, 218 1 Contents 1. TEL Overview 2. Medium-term Management Plan TEL Initiatives and Progress 3. FY219 Business Environment and Financial Estimates 3 9 16 Appendix
More information3. Financial Forecasts for the Year Ending March 31, 2019 (April 1, 2018 to March 31, 2019) Note: Percentages for year ending March 31, 2019 indicate
Summary of Consolidated Financial Results for the First Quarter Ended June 30, 2018 (Japanese GAAP) July 26, 2018 Name of Listed Company: Tokyo Electron Limited Stock Exchange Listing: Tokyo Security Code:
More information3. Financial Forecasts for the Year Ending March 31, 2019 (April 1, 2018 to March 31, 2019) Note: Percentages for year ending March 31, 2019 indicate
Summary of Consolidated Financial Results for the Third Quarter Ended December 31, 2018 (Japanese GAAP) January 31, 2019 Name of Listed Company: Tokyo Electron Limited Stock Exchange Listing: Tokyo Security
More informationConsolidated Financial Review for the First Quarter Ended June 30, 2016
Consolidated Financial Review for the First Quarter Ended June 30, 2016 Company name: Tokyo Electron Limited URL: http://www.tel.com Telephone number: (03) 5561-7000 Stock exchange listing: Tokyo Stock
More informationFY2018 1Q. (Three months ended June 30th, 2018) Information Meeting. July 25th, 2018 Advantest Corporation
FY2018 1Q (Three months ended June 30th, 2018) Information Meeting July 25th, 2018 Advantest Corporation Agenda Financial Results for FY2018 1Q Atsushi Fujita Managing Executive Officer FY2018 Business
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION Q4 2016 RESULTS March 2, 2017 October 26, 2016 ASM proprietary information 2017 ASM CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Cautionary note regarding forward-looking
More informationCONSOLIDATED FINANCIAL REPORT FOR THE FISCAL YEAR ENDED MARCH 31, 2018 [Japanese GAAP]
May8,2018 SCREEN Holdings Co., Ltd. Tenjinkita-machi 1-1, Teranouchi-agaru 4-chome, Horikawa-dori, Kamigyo-ku, Kyoto 602-8585, Japan CONSOLIDATED FINANCIAL REPORT FOR THE FISCAL YEAR ENDED MARCH 31, 2018
More informationConsolidated Financial Review for the Third Quarter Ended December 31, 2015
Jan 29, 2016 Consolidated Financial Review for the Third Quarter Ended December 31, 2015 Company name: Tokyo Electron Limited URL: http://www.tel.com Telephone number: (03) 5561-7000 Stock exchange listing:
More informationConsolidated Financial Review for the Second Quarter Ended September 30, 2015
Oct 27, 2015 Consolidated Financial Review for the Second Quarter Ended September 30, 2015 Company name: Tokyo Electron Limited URL: http://www.tel.com Telephone number: (03) 5561-7000 Stock exchange listing:
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION Q4 2018 RESULTS February 21, 2019 October 26, 2016 ASM proprietary information 2019 ASM CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Cautionary Note Regarding Forward-Looking
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION Q3 2017 RESULTS October 31, 2017 October 26, 2016 (updated on November 8, 2017) ASM proprietary information 2017 ASM CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Cautionary
More informationASML 2007 Annual and Fourth Quarter Results
ASML 2007 Annual and Fourth Quarter Results Technology leadership to provide robust H1 sales and profit amid market uncertainty January 16, 2008 / Slide 1 Safe Harbor Safe Harbor Statement under the U.S.
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION Q3 2018 RESULTS October 31, 2018 October 26, 2016 ASM proprietary information 2018 ASM CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Cautionary Note Regarding Forward-Looking
More informationASML Q1 net sales in line with guidance at 1.65 billion, gross margin 47.2%
ASML Q1 net sales in line with guidance at 1.65 billion, gross margin 47.2% ASML 2015 First Quarter Results Veldhoven, the Netherlands April 15, 2015 Forward looking statements This document contains statements
More informationNanometrics Investor Presentation Q4 2014
Nanometrics Investor Presentation Q4 2014 Forward-Looking Statements This communication contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION Q2 2018 RESULTS July 24, 2018 October 26, 2016 ASM proprietary information 2018 ASM CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Cautionary Note Regarding Forward-Looking
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION Q2 2017 RESULTS July 25, 2017 October 26, 2016 ASM proprietary information 2017 ASM CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Cautionary Note Regarding Forward-Looking
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION Q1 2018 RESULTS April 19, 2018 October 26, 2016 ASM proprietary information 2018 ASM CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Cautionary Note Regarding Forward-Looking
More informationConsolidated Financial Review for the First Quarter Ended June 30, 2008
Consolidated Financial Review for the First Quarter Ended June 30, 2008 Company name: URL: http://www.tel.com Telephone number: (03) 5561-7000 Stock exchange listing: Tokyo Stock Exchange 1st Section Code
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION Q4 2017 RESULTS February 28, 2018 October 26, 2016 ASM proprietary information 2018 ASM CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Cautionary Note Regarding Forward-Looking
More informationFY2015 1Q Information Meeting
Information Meeting July 28th, 2015 Advantest Corporation 2015/7/28 All Rights Reserved - ADVANTEST CORPORATION 1 NOTE Prepared in accordance with US GAAP Cautionary Statement with Respect to Forward-Looking
More informationInvestor Presentation
Investor Presentation Dr. Pierre-Yves Lesaicherre, President and CEO Q1 2019 Forward-Looking Statements This communication contains forward-looking statements within the meaning of the safe harbor provisions
More information1H FY08/3 Financial Results and Outlook
1H FY8/3 Financial Results and Outlook Toshio Nakajima President and CEO November 13, 27 NEC Electronics Corporation http://www.necel.com/ir/en/ 1 Thank you for joining NEC Electronics webcast. Before
More informationConsolidated Financial Review for the Year Ended March 31, 2013
Consolidated Financial Review for the Year Ended April 30, 2013 Company name: Tokyo Electron Limited URL: http://www.tel.com Telephone number: (03) 5561-7000 Stock exchange listing: Tokyo Stock Exchange
More informationASML reports first-quarter sales and gross margin in line with guidance Strong Q2 outlook underpinned by 10 nanometer logic ramp
ASML reports first-quarter sales and gross margin in line with guidance Strong Q2 outlook underpinned by 10 nanometer logic ramp ASML 2016 First-Quarter Results Veldhoven, the Netherlands Forward looking
More informationInvestor Presentation 30 th Annual ROTH Conference. Dr. Pierre-Yves Lesaicherre, President and CEO
Investor Presentation 30 th Annual ROTH Conference Dr. Pierre-Yves Lesaicherre, President and CEO March 13 th, 2018 Forward-Looking Statements This communication contains forward-looking statements within
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION Q1 2016 RESULTS April 21, 2016 April 24, 2015 ASM proprietary information 2016 ASM CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Cautionary Note Regarding Forward-Looking Statements:
More informationIncome before income taxes. Million yen. Million yen
FY2018 First Quarter Consolidated Financial Results (Advantest s consolidated financial statements are prepared in accordance with IFRS) (Period ended June 30, 2018) July 25, 2018 Company Name : Advantest
More informationTaiyo Holdings / 4626
COVERAGE INITIATED ON: 2017.12.08 Shared Research Inc. has produced this report by request from the company discussed in the report. The aim is to provide an owner s manual to investors. We at Shared Research
More informationLam Research Corporation
2017 Lam Research Corp. 1.25.2017 1 Lam Research Corporation December Quarter 2016 Financial Results January 25, 2017 2017 Lam Research Corp. 1.25.2017 2 Cautionary Statement Regarding Forward-Looking
More informationMerchant Photomask Leader. Photronics, Inc. Jefferies 2017 Technology Conference May 9, 2017
Merchant Photomask Leader Photronics, Inc. Jefferies 2017 Technology Conference May 9, 2017 Safe Harbor Statement This presentation and some of our comments may contain projections or other forward-looking
More information17 th Annual Needham Growth Conference. Dr. Timothy Stultz, President and CEO Jeffrey Andreson, CFO
17 th Annual Needham Growth Conference Dr. Timothy Stultz, President and CEO Jeffrey Andreson, CFO January 2015 Forward-Looking Statements This communication contains forward-looking statements within
More informationFY2014 1Q Financial Results and FY2014 Forecasts
FY2014 1Q Financial Results and FY2014 Forecasts DISCO CORPORATION DISCLAIMER Statements in this PowerPoint with respect to DISCO's current strategies, plans, estimates, and beliefs and other statements
More informationTokyo Electron Corporate Update
Tokyo Electron Corporate Update November 05, 2018 1 Contents 1. TEL Overview 2. Medium-term Management Plan TEL Initiatives and Progress 3. FY2019 Business Environment and Financial Estimates 3 11 23 Appendix
More information20th Annual Needham Growth Conference
Investor Presentation 20th Annual Needham Growth Conference Pierre-Yves Lesaicherre, President and CEO January 18, 2018 Forward-Looking Statements This communication contains forward-looking statements
More informationEarnings Release Q Samsung Electronics. January 2018
Earnings Release Q4 Samsung Electronics January 2018 Disclaimer The financial information in this document are consolidated earnings results based on K-IFRS. This document is provided for the convenience
More informationASML Q2 sales as guided, gross margin tops guided range Full-year sales impacted by timing of logic capacity ramp
ASML Q2 sales as guided, gross margin tops guided range Full-year sales impacted by timing of logic capacity ramp ASML 2014 Second Quarter Results Veldhoven, the Netherlands July 16, 2014 Forward looking
More informationSK Hynix FY2017 Q3 Earnings Results
SK Hynix FY2017 Q3 Earnings Results October 26, 2017 Disclaimer This material contains forward-looking statements which can be subject to certain risks and uncertainties that could cause actual results
More informationQ Conference Call
Q2 2017 Conference Call Veeco Instruments Inc. August 3, 2017 1 Investor Presentation Safe Harbor To the extent that this presentation discusses expectations or otherwise makes statements about the future,
More informationVERSUM MATERIALS. GUILLERMO NOVO EXECUTIVE VICE PRESIDENT, MATERIALS TECHNOLOGIES, AIR PRODUCTS Will be - CEO, VERSUM MATERIALS
VERSUM MATERIALS GUILLERMO NOVO EXECUTIVE VICE PRESIDENT, MATERIALS TECHNOLOGIES, AIR PRODUCTS Will be - CEO, VERSUM MATERIALS Jefferies Industrials Conference August 2016 FORWARD-LOOKING STATEMENTS This
More informationASML confirms full-year sales guidance, supported by solid backlog
ASML confirms full-year sales guidance, supported by solid backlog ASML 2014 Third Quarter Results Veldhoven, the Netherlands October 15, 2014 Forward looking statements This document contains statements
More informationSK Hynix FY2018 Q4 Earnings Results
SK Hynix FY2018 Q4 Earnings Results Jan 24, 2019 Disclaimer This material contains forward-looking statements which can be subject to certain risks and uncertainties that could cause actual results to
More informationSHINKAWA LTD. (URL
Consolidated Financial Results for the Fiscal Year Ended SHINKAWA LTD. (URL https://www.shinkawa.com) May 14, 2018 Listing First Section of Tokyo Stock Exchange Security code 6274 Representative Takashi
More informationTaiyo Holdings / 4626
COVERAGE INITIATED ON: 2017.12.08 Shared Research Inc. has produced this report by request from the company discussed in the report. The aim is to provide an owner s manual to investors. We at Shared Research
More informationEarnings Release Q Samsung Electronics. January 2013
Earnings Release Q4 2012 Samsung Electronics January 2013 Disclaimer The financial information in this document are consolidated earnings results based on K-IFRS. This document is provided for the convenience
More informationFinancial Results. August 14, 2013 Osamu Okabayashi President, Lasertec Corporation (Tokyo Stock Exchange 6920)
Fiscal Year ended June 2013 Financial Results August 14, 2013 Osamu Okabayashi President, Lasertec Corporation (Tokyo Stock Exchange 6920) Contents Results of Fiscal Year ended June 2013 (51st Term) Financial
More informationASML 2008 First Quarter Results
ASML 2008 First Quarter Results ASML continues to execute its leadership strategy and expects gradual order pick-up April 16, 2008 / Slide 1 Safe Harbor "Safe Harbor" Statement under the US Private Securities
More informationCONSOLIDATED FINANCIAL REPORT FOR THE SECOND QUARTER ENDED SEPTEMBER 30, 2017 [Japanese GAAP]
October 31, 2017 SCREEN Holdings Co., Ltd. Tenjinkita-machi 1-1, Teranouchi-agaru 4-chome, Horikawa-dori, Kamigyo-ku, Kyoto 602-8585, Japan CONSOLIDATED FINANCIAL REPORT FOR THE SECOND QUARTER ENDED SEPTEMBER
More informationEarnings Release Q Samsung Electronics. April 2018
Earnings Release Q1 2018 Samsung Electronics April 2018 Disclaimer The financial information in this document are consolidated earnings results based on K-IFRS. This document is provided for the convenience
More informationTOKYO ELECTRON ANNUAL REPORT 2018
TOKYO ELECTRON ANNUAL REPORT 218 For the Year Ended March 31, 218 PR56-17 PAGE 1 To Our Stakeholders Business Overview and Financial Highlights Interview with the CEO Review of Operations and Business
More information1H FY07/3 Financial Results and Outlook
1H Financial Results and Outlook Toshio Nakajima President and CEO October 25, 2006 NEC Electronics Corporation http://www.necel.com/ir/en/ 1 CAUTIONARY STATEMENTS: The statements in this presentation
More informationLam Research Corporation September Quarter 2017 Financial Results
Lam Research Corporation September Quarter 2017 Financial Results October 17, 2017 2017 Lam Research Corp. 10.17.2017 1 Cautionary Statement Regarding Forward-Looking Statements This presentation and the
More informationSK Hynix FY2018 Q2 Earnings Results
SK Hynix FY2018 Q2 Earnings Results July 26, 2018 Disclaimer This material contains forward-looking statements which can be subject to certain risks and uncertainties that could cause actual results to
More informationCHROMA ATE INC Q Investor Conference. Paul Ying, CFO Leo Huang, Chairman & CEO
CHROMA ATE INC. 2016.2Q Investor Conference Paul Ying, CFO Leo Huang, Chairman & CEO 28 th July, 2016 1 1 Disclaimer This presentation contains some forward-looking statements that are subject to substantial
More information1H FY07/3 Financial Results and Outlook
1H Financial Results and Outlook Toshio Nakajima President and CEO October 25, 2006 NEC Electronics Corporation http://www.necel.com/ir/en/ 1 Thank you for joining NEC Electronics webcast. Today we will
More information1. Consolidated Business Performance for the First Quarter of March 2019 Term (April 1, 2018 June 30, 2018)
(This notice has been translated from the original notice in Japanese. In the event of any discrepancy, the original in Japanese shall prevail.) August 3, 2018 Summary of Financial Results for the First
More informationNanometrics Investor Presentation. CEO Investor Summit July 2014
Nanometrics Investor Presentation CEO Investor Summit July 2014 Forward-Looking Statements This communication contains forward-looking statements within the meaning of the safe harbor provisions of the
More informationTaiyo Holdings / 4626
COVEAGE INITIATED ON: 2017.12.08 Shared esearch Inc. has produced this report by request from the company discussed in the report. The aim is to provide an owner s manual to investors. We at Shared esearch
More informationEarnings Release Q Samsung Electronics. January 2014
Earnings Release Q4 Samsung Electronics January 2014 Disclaimer The financial information in this document are consolidated earnings results based on K-IFRS. This document is provided for the convenience
More informationGlobal leader in high-end vacuum valve technology
HALF YEAR 2017 RESULTS Global leader in high-end vacuum valve technology Heinz Kundert, CEO, Andreas Leutenegger, CFO and Jürgen Krebs, COO August 24, 2017 1 Agenda 1 2 3 Highlights Second quarter and
More information20th Annual Needham Growth Conference
20th Annual Needham Growth Conference Page 1 Safe Harbor Statement Certain matters discussed in this presentation, including statements concerning market growth in IC content and WLCSP integration; Cohu500
More informationQ Conference Call
Q4 2017 Conference Call > Veeco Instruments Inc. > February 12, 2018 1 Q4 2017 / FY 2017 Conference Call Veeco Instruments Inc 2018 Safe Harbor To the extent that this presentation discusses expectations
More informationQ Conference Call. Veeco Instruments, Inc. August 2, 2018
Q2 2018 Conference Call Veeco Instruments, Inc. August 2, 2018 Safe Harbor To the extent that this presentation discusses expectations or otherwise makes statements about the future, such statements are
More informationASMI ANNUAL MEETING OF SHAREHOLDERS 2017
ASMI ANNUAL MEETING OF SHAREHOLDERS 2017 May 22, 2017 ASMI annual meeting of shareholders 2017 ASMI 1 ASMI ANNUAL MEETING OF SHAREHOLDERS 2017 Chuck del Prado, President & CEO May 22, 2017 ASMI annual
More informationFinancial Results for the Fiscal Year ended March 31, 2007
Financial Results for the Fiscal Year ended March 31, 2007 April 27, 2007 Oki Electric Industry Co., Ltd. Copyright 2007 Oki Electric Industry Co., Ltd. 1 Table of Contents I. Financial results for the
More informationFinal Results for Fiscal 2010
MARUWA CO., LTD. 3-83, Minamihonjigahara-cho, Owariasahi-city, Aichi-pref., 488-0044 JAPAN 27 Apr. 2010 Final Results for Fiscal 2010 MARUWA CO., LTD. today announced its consolidated business results
More informationMarket Forecast Report Semiconductor and FPD Manufacturing Equipment Released in January 2019 (Fiscal years ) January 10, 2019
Market Report Semiconductor and FPD Manufacturing Equipment Released in January 219 (Fiscal years 218 22) January 1, 219 Semiconductor Equipment Association of Japan Overview This report provides a trend
More informationInvestor Presentation MAY 2017
Investor Presentation MAY 2017 Safe Harbor This presentation contains, or may be deemed to contain, "forward-looking statements" (as defined in the US Private Securities Litigation Reform Act of 1995)
More informationFY2017 2Q Financial Results and FY2017 Forecasts
FY2017 Financial Results and FY2017 Forecasts DISCO CORPORATION DISCLAIMER Statements in this PowerPoint with respect to DISCO's current strategies, plans, estimates, and beliefs and other statements that
More informationSiltronic AG Q3/2018 Results. October 25, 2018
Siltronic AG Q3/2018 Results Siltronic AG 2018 Highlights Q3/2018: Financials Sales EUR 379.8m (Q2/2018: EUR 361.3m) EBITDA EUR 160.2m (Q2/2018: EUR 146.0m) EBITDA margin 42.2% (Q2/2018: 40.4%) EBIT EUR
More informationFerrotec Corporation Results for the 1 st half of the fiscal year ended March 31, 2014
Ferrotec Corporation Results for the 1 st half of the fiscal year ended March 31, 2014 November 27, 2013 (JASDAQ 6890) http://www. ferrotec. co. jp/ 1. This 1st half results cover six months period from
More informationSK Hynix FY2017 Q2 Earnings Results
SK Hynix FY2017 Q2 Earnings Results July 25, 2017 Disclaimer This material contains forward-looking statements which can be subject to certain risks and uncertainties that could cause actual results to
More informationCreating a New Global Innovator. September 24, 2013
Creating a New Global Innovator September 24, 2013 Today s Announcement Applied Materials and Tokyo Electron combining in a merger of equals Creates a new global innovator in Precision Materials Engineering
More informationASMI ANNUAL MEETING OF SHAREHOLDERS 2015
ASMI ANNUAL MEETING OF SHAREHOLDERS 2015 Chuck del Prado, President & CEO May 21, 2015 ASMI annual meeting of shareholders 2015 ASMI SAFE HARBOR STATEMENTS Safe Harbor Statement under the U.S. Private
More informationFY08/3 Q1 Financial Results and Outlook
FY08/3 Q1 Financial Results and Outlook NEC Electronics Corporation July 30, 2007 http://www.necel.com/ir/en/ 1 Welcome to NEC Electronics webcast. My name is Hank Sato, CFO of NEC Electronics. 1 Agenda
More informationIncome before income taxes. Million yen. Million yen
FY2018 Second Quarter Consolidated Financial Results (Advantest s consolidated financial statements are prepared in accordance with IFRS) (Period ended ) October 30, 2018 Company Name : Advantest Corporation
More informationAnalyst's Notes. Argus Recommendations
NASDAQ: Report created Nov 20, 2017 Page 1 OF 6 Applied Materials produces semiconductor fabrication equipment, including products used in deposition, etching, ion implantation, metrology, wafer inspection
More informationFY13/3 Financial Results
FY13/3 Financial Results Renesas Electronics Corporation May 9, 2013 Tetsuya Tsurumaru, President Executive Summary I. FY13/3 Financial Results FY13/3 full-year semiconductor sales were 724.7 B yen, a
More informationKonica Minolta Group 1H / March 2008 Consolidated Financial Results Six months: Apr. - Sep. 2007
Konica Minolta Group 1H / March 28 Consolidated Financial Results Six months: Apr. - Sep. 27 November 1, 27 Yoshikatsu Ota President & CEO Konica Minolta Holdings, Inc. Cautionary Statement: The forecasts
More informationEarnings Release Q Samsung Electronics. July 2018
Earnings Release Q2 Samsung Electronics July Disclaimer The financial information in this document are consolidated earnings results based on K-IFRS. This document is provided for the convenience of investors
More informationEarnings Release Q Samsung Electronics. October 2017
Earnings Release Q3 Samsung Electronics October Disclaimer The financial information in this document are consolidated earnings results based on K-IFRS. This document is provided for the convenience of
More informationEarnings Release Q Samsung Electronics. January 2019
Earnings Release Q4 Samsung Electronics January 2019 Disclaimer The financial information in this document are consolidated earnings results based on K-IFRS. This document is provided for the convenience
More informationFY10/3 Financial Results
FY10/3 Financial Results Renesas Electronics Corporation May 11, 2010 Junshi Yamaguchi, Chairman Yasushi Akao, President 2010 Renesas Electronics Corporation. All rights reserved. 00000-A Thank you for
More informationSemiconductor Manufacturing International Corporation
14 Semiconductor Manufacturing International Corporation http://www.smics.com 18 Zhangjiang Road Pudong New Area Shanghai, 201203 People s Republic of China NEWS RELEASE All currency figures stated in
More informationFinancial Results for the First Half of the Fiscal Year Ending March 31, 2015
Financial Results for the First Half of the Fiscal Year Ending March 31, 2015 NOK CORPORATION (7240 / TSE1) November 2014 Disclaimer Any plans, targets, forecasts, strategies, policies and opinions relating
More informationASM INTERNATIONAL N.V. REPORTS FOURTH QUARTER 2018 RESULTS
Almere, The Netherlands February 21, 2019, 6 p.m. CET ASM INTERNATIONAL N.V. REPORTS FOURTH QUARTER 2018 RESULTS ASM International N.V. (Euronext Amsterdam: ASM) today reports its fourth quarter 2018 operating
More informationSK Hynix FY2018 Q3 Earnings Results
SK Hynix FY2018 Q3 Earnings Results October 25, 2018 Disclaimer This material contains forward-looking statements which can be subject to certain risks and uncertainties that could cause actual results
More informationSecond Quarter Fiscal Year Supplemental Financial Information Jan 25, 2018
Second Quarter Fiscal Year 2018 Supplemental Financial Information Jan 25, 2018 Q2-18 Key Financials Shipments $1,041M Revenues $976M Net Income* $309M Diluted EPS* $1.97 * Non-GAAP, See appendix for GAAP
More informationFerrotec Holdings Corporation
6890 TSE JASDAQ Analyst Noboru Terashima Index Summary----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
More informationFY2013 Q3 Results Summary
FY2013 Q3 Results Summary Orders 27.4 billion +28% QoQ Sales 19.7 billion -34% QoQ Operating Income - 26.4 billion Income Before Tax - 26.9 billion Net Income - 24.8 billion Backlog 25.5 billion up 7.8
More informationFerrotec Corporation Results for the fiscal year ended March 31, 2013
Ferrotec Corporation Results for the fiscal year ended March 31, 2013 May 28, 2013 (JASDAQ 6890) http:// www.ferrotec.co.jp / 1.This fiscal year results cover twelve months period from April to March of
More informationFY08/3 Financial Results
Financial Results Toshio Nakajima President and CEO May 14, 2008 NEC Electronics Corporation http://www.necel.com/ir/en/ 1 Thank you for joining NEC Electronics webcast. Before we begin, please be sure
More information