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Lasertec (6920) investor relations material
Lasertec Q4 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for FY2026 were JPY 230.5 billion, down 8.3% year-over-year, but exceeded full-year forecasts due to a strong recovery in orders, especially for ACTIS and MATRICS mask inspection systems.
Operating income decreased 14.3% year-over-year to JPY 105.3 billion; net income fell 8.5% to JPY 77.5 billion.
Orders surged 125.7% year-over-year to JPY 237.5 billion, with backlog rising to JPY 322.9 billion, reflecting robust demand and positive FX impact.
R&D expenses surpassed forecasts, supporting ongoing technology development for advanced semiconductor nodes.
Financial highlights
Gross profit was JPY 136.5 billion, down from JPY 148.3 billion the previous year; gross margin remained high at 59.2%.
Operating margin was 45.7% for FY2026.
Comprehensive income was JPY 80.1 billion, a 3.6% decrease year-over-year.
Cash and cash equivalents at year-end were JPY 91.5 billion, up JPY 5.4 billion from the prior year.
Dividend per share for the year was JPY 329, with a payout ratio of 38.1%.
Outlook and guidance
FY2027 forecast: net sales JPY 290.0 billion (+25.8% YoY), operating income JPY 125.0 billion (+18.8%), net income JPY 90.0 billion (+16.2%).
Record-high sales and profits expected, driven by robust semiconductor demand and expansion in mask inspection systems.
R&D expenses projected to rise to JPY 20.0 billion; capital expenditure to JPY 5.7 billion.
Dividend forecast for FY2027 is JPY 351 per share, maintaining a payout ratio near 35%.
- Year-over-year growth and service gains offset sequential declines; outlook steady.6920
Q3 2026 - Net income rose 5.6% on flat sales, with strong service growth and revised guidance.6920
Q2 2026 - Strong Q1 growth driven by semiconductor demand, robust profits, and steady outlook.6920
Q1 2026 - Record profits and sales, but orders plunge and sharp earnings drop forecast for next year.6920
Q4 2025 - Operating income jumped 54.9% despite a 22.3% sales decline, led by strong service growth.6920
Q1 2025 - Record sales, profits, and orders in FY2024; strong double-digit growth outlook for FY2025.6920
Q4 2024 - Strong profit growth, robust cash flow, and steady outlook despite quarterly swings.6920
Q3 2025 - Profits and sales soared on semiconductor demand; outlook and dividends remain robust.6920
Q2 2025
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Next Lasertec earnings date
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