Tokyo Seimitsu (7729) investor relations material

Executive summary

• Orders reached a record ¥65,820 million in Q1 FY2027/3, up 83.3% year-over-year, with SPE segment orders up 101.8% YoY and revenue up 18.9% YoY, driven by demand for HPC and generative AI applications.

• Operating profit rose 29.2% YoY to ¥5,920 million, supported by strong semiconductor production equipment demand.

• Metrology segment maintained moderate growth, aided by investments in HV production, AI data centers, and robotics.

• Production capacity expansion is under consideration to meet robust demand.

Financial highlights

• Q1 FY2027/3 sales: ¥36,716 million (+18.9% YoY), operating profit: ¥5,920 million (+29.2% YoY), net profit: ¥4,667 million (+44.5% YoY), EPS: ¥115.01.

• Operating profit margin improved by 1pt YoY to 16%.

• R&D expenses increased 34% YoY to ¥3,300 million; capex decreased 23% YoY to ¥1,900 million.

• Cash and inventory levels increased compared to March 2026.

• Comprehensive income for Q1 FY2027/3 was ¥5,308 million, up 75.9% YoY.

Outlook and guidance

• FY2027/3 full-year sales forecast revised upward to ¥189,000 million (+13.3% YoY), operating profit to ¥44,000 million (+30.4% YoY), and net profit to ¥30,800 million (+24.5% YoY).

• Dividend per share forecast raised from ¥276 to ¥304.

• Strong 2H demand expected for both SPE and Metrology, with continued growth in HPC, logic, and memory applications.