RS Technologies (3445) Q3 2026 earnings summary

Executive summary

• 9M 2026 net sales rose 11.0% YoY to ¥65,021 million; operating income increased 13.9% to ¥12,599 million, with full-year guidance unchanged.

• Higher 8-inch prime wafer and silicon parts sales supported growth; wafer reclaim margins faced temporary costs and higher depreciation, while semiconductor-related equipment and materials weakened YoY.

• Comprehensive income was ¥17,032 million, versus ¥5,355 million in 9M 2025.

Financial highlights

• Net sales were ¥65,021 million, up 11.0% YoY; gross profit was ¥20,182 million, up 12.1% and versus ¥18,008 million in 9M 2025.

• Ordinary income rose 10.5% YoY to ¥13,276 million; net income attributable to owners of parent increased 18.7% to ¥7,917 million.

• Basic EPS was ¥297.86, up 18.1% YoY; diluted EPS was ¥297.26 versus ¥251.19 in 9M 2025.

Outlook and guidance

• FY2026 forecast remains unchanged: sales ¥84,000 million, operating income ¥15,400 million, ordinary income ¥17,200 million and net profit ¥10,000 million; forecast basic EPS is ¥376.54.

• FY2026 dividend is planned at ¥55 per share, ¥10 higher YoY; medium-term plan targets FY2028 sales of ¥115,000 million and operating income of ¥19,000 million.

• Wafer reclaim capacity is planned to reach 1.19 million wafers/month by 2028; 8-inch prime wafer capacity targets 300,000/month in 2026.