View ValuationDisco 将来の成長Future 基準チェック /46Disco利益と収益がそれぞれ年間15.5%と12.7%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に26.1% 15.5%なると予測されています。主要情報15.5%収益成長率15.46%EPS成長率Semiconductor 収益成長24.9%収益成長率12.7%将来の株主資本利益率26.15%アナリストカバレッジGood最終更新日22 May 2026今後の成長に関する最新情報Price Target Changed • Apr 25Price target increased by 7.3% to JP¥76,950Up from JP¥71,725, the current price target is an average from 20 analysts. New target price is 7.3% above last closing price of JP¥71,700. Stock is up 150% over the past year. The company is forecast to post earnings per share of JP¥1,644 for next year compared to JP¥1,250 last year.分析記事 • Apr 24Disco Corporation (TSE:6146) Analysts Are Pretty Bullish On The Stock After Recent ResultsAs you might know, Disco Corporation ( TSE:6146 ) just kicked off its latest annual results with some very strong...Price Target Changed • Feb 20Price target increased by 8.3% to JP¥65,711Up from JP¥60,661, the current price target is an average from 20 analysts. New target price is 11% below last closing price of JP¥74,060. Stock is up 62% over the past year. The company is forecast to post earnings per share of JP¥1,200 for next year compared to JP¥1,143 last year.分析記事 • Jan 23Results: Disco Corporation Beat Earnings Expectations And Analysts Now Have New ForecastsDisco Corporation ( TSE:6146 ) just released its latest quarterly results and things are looking bullish. Disco beat...お知らせ • Jan 21+ 1 more updateDisco Corporation Provides Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026Disco Corporation provided consolidated and non-consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, on consolidated basis, the company expects net sales of JPY 419,000 million, operating income of JPY 172,100 million, net income of JPY 126,400 million and Net income per share of JPY 1,165.72. For the year, on non-consolidated basis, the company expects net sales of JPY 342,100 million, operating income of JPY 141,800 million, net income of JPY 122,400 million and Net income per share of JPY 1,128.83.分析記事 • Nov 02The Disco Corporation (TSE:6146) Interim Results Are Out And Analysts Have Published New ForecastsLast week, you might have seen that Disco Corporation ( TSE:6146 ) released its interim result to the market. The early...すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 19Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥61,410, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 234% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥32,301 per share.お知らせ • May 09+ 2 more updatesDisco Corporation to Report Q2, 2027 Results on Oct 22, 2026Disco Corporation announced that they will report Q2, 2027 results on Oct 22, 2026Price Target Changed • Apr 25Price target increased by 7.3% to JP¥76,950Up from JP¥71,725, the current price target is an average from 20 analysts. New target price is 7.3% above last closing price of JP¥71,700. Stock is up 150% over the past year. The company is forecast to post earnings per share of JP¥1,644 for next year compared to JP¥1,250 last year.分析記事 • Apr 24Disco Corporation (TSE:6146) Analysts Are Pretty Bullish On The Stock After Recent ResultsAs you might know, Disco Corporation ( TSE:6146 ) just kicked off its latest annual results with some very strong...Reported Earnings • Apr 23Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥1,250 (up from JP¥1,143 in FY 2025). Revenue: JP¥436.9b (up 11% from FY 2025). Net income: JP¥135.5b (up 9.4% from FY 2025). Profit margin: 31% (in line with FY 2025). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 22Disco Corporation, Annual General Meeting, Jun 24, 2026Disco Corporation, Annual General Meeting, Jun 24, 2026.Upcoming Dividend • Mar 23Upcoming dividend of JP¥308 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 35% but the company is paying out more than the cash it is generating. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.0%).Price Target Changed • Feb 20Price target increased by 8.3% to JP¥65,711Up from JP¥60,661, the current price target is an average from 20 analysts. New target price is 11% below last closing price of JP¥74,060. Stock is up 62% over the past year. The company is forecast to post earnings per share of JP¥1,200 for next year compared to JP¥1,143 last year.Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥70,580, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 459% over the past three years.分析記事 • Jan 23Results: Disco Corporation Beat Earnings Expectations And Analysts Now Have New ForecastsDisco Corporation ( TSE:6146 ) just released its latest quarterly results and things are looking bullish. Disco beat...Declared Dividend • Jan 23Dividend of JP¥308 announcedShareholders will receive a dividend of JP¥308. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 35%. Cash payout ratio: 194%.Reported Earnings • Jan 22Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: JP¥339 (up from JP¥294 in 3Q 2025). Revenue: JP¥109.3b (up 17% from 3Q 2025). Net income: JP¥36.7b (up 16% from 3Q 2025). Profit margin: 34% (in line with 3Q 2025). Revenue exceeded analyst estimates by 8.6%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 21+ 1 more updateDisco Corporation Provides Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026Disco Corporation provided consolidated and non-consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, on consolidated basis, the company expects net sales of JPY 419,000 million, operating income of JPY 172,100 million, net income of JPY 126,400 million and Net income per share of JPY 1,165.72. For the year, on non-consolidated basis, the company expects net sales of JPY 342,100 million, operating income of JPY 141,800 million, net income of JPY 122,400 million and Net income per share of JPY 1,128.83.分析記事 • Jan 14Disco Corporation (TSE:6146) Looks Just Right With A 26% Price JumpDisco Corporation ( TSE:6146 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥55,560, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 339% over the past three years.Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥49,690, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 278% over the past three years.分析記事 • Nov 06There May Be Underlying Issues With The Quality Of Disco's (TSE:6146) EarningsDespite announcing strong earnings, Disco Corporation's ( TSE:6146 ) stock was sluggish. We did some digging and found...Valuation Update With 7 Day Price Move • Nov 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥47,500, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 18x in the Semiconductor industry in Japan. Total returns to shareholders of 284% over the past three years.分析記事 • Nov 02The Disco Corporation (TSE:6146) Interim Results Are Out And Analysts Have Published New ForecastsLast week, you might have seen that Disco Corporation ( TSE:6146 ) released its interim result to the market. The early...Reported Earnings • Oct 30Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥296 (up from JP¥274 in 2Q 2025). Revenue: JP¥104.6b (up 8.7% from 2Q 2025). Net income: JP¥32.1b (up 8.1% from 2Q 2025). Profit margin: 31% (in line with 2Q 2025). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.0%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Oct 29Why The 34% Return On Capital At Disco (TSE:6146) Should Have Your AttentionWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...お知らせ • Oct 29+ 1 more updateDisco Corporation Provides Consolidated and Non-Consolidated Earnings Guidance for the Nine Months Ending December 31, 2025Disco Corporation provided consolidated and non-consolidated earnings guidance for the nine months ending December 31, 2025. For the period, on consolidated basis, the company expects net sales to be JPY 287.1 billion. Operating income to be JPY 111.7 billion. Net income to be JPY 80.3 billion. Net income per share to be JPY 740.57. For the period, on non-consolidated basis, the company expects net sales to be JPY 235.0 billion. Operating income to be JPY 92.1 billion. Net income to be JPY 82.9 billion. Net income per share to be JPY 764.54. Reason: The drastic and rapid fluctuations in customer willingness to invest make it difficult to predict demand in the semiconductor and electronic components industries. For this reason, DISCO business forecasts are only disclosed for one upcoming quarter. The cumulative shipment forecast is JPY 309.1 billion for the third quarter of the fiscal year ending on March 31, 2026 (April 1, 2025 - December 31, 2025).Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥53,880, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 414% over the past three years.New Risk • Oct 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.分析記事 • Sep 25Disco Corporation's (TSE:6146) Shares Climb 26% But Its Business Is Yet to Catch UpDisco Corporation ( TSE:6146 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...Upcoming Dividend • Sep 22Upcoming dividend of JP¥110 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 36% and the cash payout ratio is 84%. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.3%).Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥44,400, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total returns to shareholders of 306% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥20,107 per share.分析記事 • Sep 03Disco (TSE:6146) Is Paying Out Less In Dividends Than Last YearDisco Corporation's ( TSE:6146 ) dividend is being reduced by 11% to ¥110.00 per share on 2nd of December, in...分析記事 • Aug 20Disco (TSE:6146) Has Announced That Its Dividend Will Be Reduced To ¥110.00Disco Corporation's ( TSE:6146 ) dividend is being reduced by 11% to ¥110.00 per share on 2nd of December, in...Declared Dividend • Jul 21Dividend reduced to JP¥110Dividend of JP¥110 is 11% lower than last year. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 0.9%, which is about the same as the industry average. Payout Ratios Payout ratio: 36%. Cash payout ratio: 84%.分析記事 • Jul 19Disco Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearDisco Corporation ( TSE:6146 ) just released its latest quarterly results and things are looking bullish. The company...分析記事 • Jul 17Is Now The Time To Put Disco (TSE:6146) On Your Watchlist?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...お知らせ • Jul 17+ 1 more updateDisco Corporation Revises Consolidated and Non-Consolidated Forecast for the Second Quarter Ending September 30, 2025Disco Corporation revised Consolidated and non-consolidated forecast for the second quarter ending September 30, 2025. For the period, the Consolidated forecasts for Net sales of JPY 181.1 billion; Operating income of JPY 67.7 billion; Net income attributable to owners of parent of JPY 47.3 billion; Net income of JPY 436.27 per share. For the period, the company expects the non-consolidated forecasts for Net sales of JPY 150.9 billion; Operating income of JPY 58.3 billion; Net income attributable to owners of parent of JPY 54.5 billion; Net income of JPY 502.67 per share.Price Target Changed • Jul 09Price target increased by 7.5% to JP¥43,941Up from JP¥40,888, the current price target is an average from 17 analysts. New target price is 6.4% above last closing price of JP¥41,290. Stock is down 38% over the past year. The company is forecast to post earnings per share of JP¥1,159 for next year compared to JP¥1,143 last year.お知らせ • Jul 09Disco Corporation Revises Consolidated and Non-Consolidated Forecast for the First Quarter Ending on June 30, 2025Disco Corporation revised Consolidated and non-consolidated forecast for the first quarter ending on June 30, 2025. For the period, the Consolidated forecasts is Net sales of JPY 89.9 billion against JPY 75.0 billion previously forecasted; Operating income of JPY 34.5 billion against JPY 23.8 billion previously forecasted; Net income attributable to owners of parent of JPY 23.8 billion against JPY 16.7 billion previously forecasted; Net income per share of JPY 219.23 against JPY 154.05 previously forecasted. For the period, the company expects the non-consolidated forecasts for net sales of JPY 75.5 billion against JPY 61.3 billion previously forecasted; Operating income of JPY 30.4 billion against JPY 20.1 billion previously forecasted; Net income of JPY 34.8 billion against JPY 27.2 billion previously forecasted; Net income per share of JPY 321.34 against JPY 250.91 previously forecasted. Reason: The drastic and rapid fluctuations in customer willingness to invest make it difficult to predict demand in the semiconductor and electronic components industries. For this reason, DISCO business forecasts are only disclosed for one upcoming quarter. For DISCO's mechanical products such as precision processing equipment, revenue recognition of sales is carried out on an inspection/acceptance basis. As the progress in inspection/acceptance of equipment products has been faster than expected, the net sales and profits are expected to increase.Reported Earnings • Jun 29Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥1,143 (up from JP¥777 in FY 2024). Revenue: JP¥393.3b (up 28% from FY 2024). Net income: JP¥123.9b (up 47% from FY 2024). Profit margin: 32% (up from 27% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 2.5%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jun 27There's Reason For Concern Over Disco Corporation's (TSE:6146) Massive 25% Price JumpDisco Corporation ( TSE:6146 ) shareholders have had their patience rewarded with a 25% share price jump in the last...Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥33,060, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total returns to shareholders of 220% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥19,345 per share.Reported Earnings • Apr 18Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥1,143 (up from JP¥777 in FY 2024). Revenue: JP¥393.3b (up 28% from FY 2024). Net income: JP¥123.9b (up 47% from FY 2024). Profit margin: 32% (up from 27% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 2.5%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 17+ 2 more updatesDisco Corporation, Annual General Meeting, Jun 24, 2025Disco Corporation, Annual General Meeting, Jun 24, 2025.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥27,605, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Semiconductor industry in Japan. Total returns to shareholders of 185% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,136 per share.Upcoming Dividend • Mar 21Upcoming dividend of JP¥245 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.8%).お知らせ • Mar 01+ 1 more updateDisco Corporation to Report Q2, 2026 Results on Oct 29, 2025Disco Corporation announced that they will report Q2, 2026 results on Oct 29, 2025お知らせ • Feb 28+ 1 more updateDisco Corporation to Report Q1, 2026 Results on Jul 17, 2025Disco Corporation announced that they will report Q1, 2026 results on Jul 17, 2025Valuation Update With 7 Day Price Move • Feb 28Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥37,450, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total returns to shareholders of 290% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥22,154 per share.Declared Dividend • Jan 25Dividend increased to JP¥245Dividend of JP¥245 is 6.1% higher than last year. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 0.8%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 32%. Cash payout ratio: 40%.お知らせ • Jan 24Disco Corporation Revises Dividend Guidance for the Fiscal Year Ending March 31, 2025Disco Corporation revised dividend guidance of JPY 245.00 per share for the Fiscal Year ending March 31, 2025 as compared to the dividend of JPY 231.00 per share paid a year ago.Reported Earnings • Jan 24Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: JP¥294 (up from JP¥148 in 3Q 2024). Revenue: JP¥93.6b (up 22% from 3Q 2024). Net income: JP¥31.8b (up 98% from 3Q 2024). Profit margin: 34% (up from 21% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 2.2%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 23Disco Corporation Provides Consolidated and Non Consolidated Earnings Guidance for the Year Ending March 31, 2025Disco Corporation provided consolidated and non consolidated earnings guidance for the year ending March 31, 2025. For the period, on consolidated basis, the company expects net sales to be JPY 373,000 million, Operating income to be JPY 152,800 million, net income to be JPY 112,900 million and net income per share to be JPY 1,041.80. For the period, on non-consolidated basis, the company expects net sales to be 313,800 million, Operating income to be JPY 131,800 million, net income to be JPY 108,300 million and net income per share to be JPY 999.35.Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥52,150, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total returns to shareholders of 410% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥23,303 per share.Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥45,320, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total returns to shareholders of 356% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥21,861 per share.Reported Earnings • Oct 18Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: JP¥274 (up from JP¥185 in 2Q 2024). Revenue: JP¥96.2b (up 33% from 2Q 2024). Net income: JP¥29.7b (up 49% from 2Q 2024). Profit margin: 31% (up from 28% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Oct 18Price target decreased by 9.1% to JP¥48,269Down from JP¥53,073, the current price target is an average from 16 analysts. New target price is 26% above last closing price of JP¥38,310. Stock is up 37% over the past year. The company is forecast to post earnings per share of JP¥1,153 for next year compared to JP¥777 last year.お知らせ • Oct 17+ 1 more updateDisco Corporation Provides Consolidated and Non Consolidated Earnings Guidance for the Nine Months Ending December 31, 2024Disco Corporation provided consolidated and non consolidated earnings guidance for the Nine months ending December 31, 2024. For the period, on consolidated basis, the company expects net sales to be JPY 262,900 million, Operating income to be JPY 105,200 million, net income to be JPY 74,200 million and net income per share to be JPY 684.72. For the period, on non-consolidated basis, the company expects net sales to be 222,500 million, Operating income to be JPY 90,800 million, net income to be JPY 73,700 million and net income per share to be JPY 680.11.New Risk • Oct 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Upcoming Dividend • Sep 20Upcoming dividend of JP¥108 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.6%).Valuation Update With 7 Day Price Move • Sep 06Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥34,650, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total returns to shareholders of 207% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥25,713 per share.Price Target Changed • Sep 03Price target decreased by 7.0% to JP¥57,913Down from JP¥62,280, the current price target is an average from 15 analysts. New target price is 44% above last closing price of JP¥40,160. Stock is up 43% over the past year. The company is forecast to post earnings per share of JP¥1,223 for next year compared to JP¥777 last year.Price Target Changed • Aug 30Price target decreased by 7.2% to JP¥58,113Down from JP¥62,613, the current price target is an average from 15 analysts. New target price is 36% above last closing price of JP¥42,660. Stock is up 52% over the past year. The company is forecast to post earnings per share of JP¥1,225 for next year compared to JP¥777 last year.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥37,600, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 262% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥25,618 per share.Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥55,260, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 471% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥22,537 per share.New Risk • Jul 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Declared Dividend • Jul 15Final dividend of JP¥76.00 announcedShareholders will receive a dividend of JP¥76.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 0.5%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 39%. Cash payout ratio: 41%.Board Change • Jul 05High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Outside Director Etsuko Kobayashi was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Price Target Changed • Jul 02Price target increased by 8.1% to JP¥60,856Up from JP¥56,294, the current price target is an average from 16 analysts. New target price is approximately in line with last closing price of JP¥61,850. Stock is up 158% over the past year. The company is forecast to post earnings per share of JP¥1,186 for next year compared to JP¥777 last year.Reported Earnings • Jun 26Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥777 (up from JP¥765 in FY 2023). Revenue: JP¥307.6b (up 8.2% from FY 2023). Net income: JP¥84.2b (up 1.6% from FY 2023). Profit margin: 27% (down from 29% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 6.2%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 28Disco Corporation, Annual General Meeting, Jun 21, 2024Disco Corporation, Annual General Meeting, Jun 21, 2024.業績と収益の成長予測TSE:6146 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2029682,116239,642196,251232,217113/31/2028601,313208,277167,400201,859183/31/2027527,077176,529125,201162,927123/31/2026436,889135,52198,316133,543N/A12/31/2025424,545131,278N/AN/AN/A9/30/2025408,807126,36124,38199,099N/A6/30/2025400,428123,945N/AN/AN/A3/31/2025393,313123,89153,434120,364N/A12/31/2024376,895120,677N/AN/AN/A9/30/2024360,337104,940101,071116,963N/A6/30/2024336,39295,236N/AN/AN/A3/31/2024307,55484,20581,27397,524N/A12/31/2023282,27074,452N/AN/AN/A9/30/2023271,11474,92670,67485,031N/A6/30/2023278,34779,534N/AN/AN/A3/31/2023284,13582,89167,53281,783N/A12/31/2022278,63277,916N/AN/AN/A9/30/2022276,98078,28748,68790,095N/A6/30/2022265,23971,664N/AN/AN/A3/31/2022253,78166,20640,02283,654N/A12/31/2021235,51758,973N/AN/AN/A9/30/2021215,72451,08343,55865,762N/A6/30/2021195,49443,199N/AN/AN/A3/31/2021182,85739,09135,59656,709N/A12/31/2020166,39433,902N/AN/AN/A9/30/2020156,43531,20925,50743,411N/A6/30/2020143,97728,378N/AN/AN/A3/31/2020141,08327,6536,33731,299N/A12/31/2019135,48525,614N/AN/AN/A9/30/2019135,05725,505N/A26,565N/A6/30/2019139,90726,254N/AN/AN/A3/31/2019147,50028,824N/A27,311N/A12/31/2018154,69732,367N/AN/AN/A9/30/2018161,14133,391N/A35,101N/A6/30/2018163,30334,817N/AN/AN/A3/31/2018167,36437,171N/A50,731N/A12/31/2017165,74736,121N/AN/AN/A9/30/2017155,49532,483N/A39,557N/A6/30/2017147,34529,081N/AN/AN/A3/31/2017134,20424,203N/A32,905N/A12/31/2016128,99522,111N/AN/AN/A9/30/2016126,48822,903N/A39,539N/A6/30/2016124,92622,389N/AN/AN/A3/31/2016127,85023,096N/A29,316N/A12/31/2015127,89122,404N/AN/AN/A9/30/2015127,32222,368N/A21,260N/A6/30/2015129,03622,516N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 6146の予測収益成長率 (年間15.5% ) は 貯蓄率 ( 0.8% ) を上回っています。収益対市場: 6146の収益 ( 15.5% ) はJP市場 ( 8.7% ) よりも速いペースで成長すると予測されています。高成長収益: 6146の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 6146の収益 ( 12.7% ) JP市場 ( 5.4% ) よりも速いペースで成長すると予測されています。高い収益成長: 6146の収益 ( 12.7% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 6146の 自己資本利益率 は、3年後には高くなると予測されています ( 26.1 %)成長企業の発掘7D1Y7D1Y7D1YSemiconductors 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/23 07:52終値2026/05/22 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Disco Corporation 18 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。33 アナリスト機関Steven LiuAletheia Analyst Network LimitedWarren LauAletheia Analyst Network LimitedHao DaiBernstein30 その他のアナリストを表示
Price Target Changed • Apr 25Price target increased by 7.3% to JP¥76,950Up from JP¥71,725, the current price target is an average from 20 analysts. New target price is 7.3% above last closing price of JP¥71,700. Stock is up 150% over the past year. The company is forecast to post earnings per share of JP¥1,644 for next year compared to JP¥1,250 last year.
分析記事 • Apr 24Disco Corporation (TSE:6146) Analysts Are Pretty Bullish On The Stock After Recent ResultsAs you might know, Disco Corporation ( TSE:6146 ) just kicked off its latest annual results with some very strong...
Price Target Changed • Feb 20Price target increased by 8.3% to JP¥65,711Up from JP¥60,661, the current price target is an average from 20 analysts. New target price is 11% below last closing price of JP¥74,060. Stock is up 62% over the past year. The company is forecast to post earnings per share of JP¥1,200 for next year compared to JP¥1,143 last year.
分析記事 • Jan 23Results: Disco Corporation Beat Earnings Expectations And Analysts Now Have New ForecastsDisco Corporation ( TSE:6146 ) just released its latest quarterly results and things are looking bullish. Disco beat...
お知らせ • Jan 21+ 1 more updateDisco Corporation Provides Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026Disco Corporation provided consolidated and non-consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, on consolidated basis, the company expects net sales of JPY 419,000 million, operating income of JPY 172,100 million, net income of JPY 126,400 million and Net income per share of JPY 1,165.72. For the year, on non-consolidated basis, the company expects net sales of JPY 342,100 million, operating income of JPY 141,800 million, net income of JPY 122,400 million and Net income per share of JPY 1,128.83.
分析記事 • Nov 02The Disco Corporation (TSE:6146) Interim Results Are Out And Analysts Have Published New ForecastsLast week, you might have seen that Disco Corporation ( TSE:6146 ) released its interim result to the market. The early...
Valuation Update With 7 Day Price Move • May 19Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥61,410, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 234% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥32,301 per share.
お知らせ • May 09+ 2 more updatesDisco Corporation to Report Q2, 2027 Results on Oct 22, 2026Disco Corporation announced that they will report Q2, 2027 results on Oct 22, 2026
Price Target Changed • Apr 25Price target increased by 7.3% to JP¥76,950Up from JP¥71,725, the current price target is an average from 20 analysts. New target price is 7.3% above last closing price of JP¥71,700. Stock is up 150% over the past year. The company is forecast to post earnings per share of JP¥1,644 for next year compared to JP¥1,250 last year.
分析記事 • Apr 24Disco Corporation (TSE:6146) Analysts Are Pretty Bullish On The Stock After Recent ResultsAs you might know, Disco Corporation ( TSE:6146 ) just kicked off its latest annual results with some very strong...
Reported Earnings • Apr 23Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥1,250 (up from JP¥1,143 in FY 2025). Revenue: JP¥436.9b (up 11% from FY 2025). Net income: JP¥135.5b (up 9.4% from FY 2025). Profit margin: 31% (in line with FY 2025). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 22Disco Corporation, Annual General Meeting, Jun 24, 2026Disco Corporation, Annual General Meeting, Jun 24, 2026.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥308 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 35% but the company is paying out more than the cash it is generating. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.0%).
Price Target Changed • Feb 20Price target increased by 8.3% to JP¥65,711Up from JP¥60,661, the current price target is an average from 20 analysts. New target price is 11% below last closing price of JP¥74,060. Stock is up 62% over the past year. The company is forecast to post earnings per share of JP¥1,200 for next year compared to JP¥1,143 last year.
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥70,580, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 459% over the past three years.
分析記事 • Jan 23Results: Disco Corporation Beat Earnings Expectations And Analysts Now Have New ForecastsDisco Corporation ( TSE:6146 ) just released its latest quarterly results and things are looking bullish. Disco beat...
Declared Dividend • Jan 23Dividend of JP¥308 announcedShareholders will receive a dividend of JP¥308. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 35%. Cash payout ratio: 194%.
Reported Earnings • Jan 22Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: JP¥339 (up from JP¥294 in 3Q 2025). Revenue: JP¥109.3b (up 17% from 3Q 2025). Net income: JP¥36.7b (up 16% from 3Q 2025). Profit margin: 34% (in line with 3Q 2025). Revenue exceeded analyst estimates by 8.6%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 21+ 1 more updateDisco Corporation Provides Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026Disco Corporation provided consolidated and non-consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, on consolidated basis, the company expects net sales of JPY 419,000 million, operating income of JPY 172,100 million, net income of JPY 126,400 million and Net income per share of JPY 1,165.72. For the year, on non-consolidated basis, the company expects net sales of JPY 342,100 million, operating income of JPY 141,800 million, net income of JPY 122,400 million and Net income per share of JPY 1,128.83.
分析記事 • Jan 14Disco Corporation (TSE:6146) Looks Just Right With A 26% Price JumpDisco Corporation ( TSE:6146 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥55,560, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 339% over the past three years.
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥49,690, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 278% over the past three years.
分析記事 • Nov 06There May Be Underlying Issues With The Quality Of Disco's (TSE:6146) EarningsDespite announcing strong earnings, Disco Corporation's ( TSE:6146 ) stock was sluggish. We did some digging and found...
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥47,500, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 18x in the Semiconductor industry in Japan. Total returns to shareholders of 284% over the past three years.
分析記事 • Nov 02The Disco Corporation (TSE:6146) Interim Results Are Out And Analysts Have Published New ForecastsLast week, you might have seen that Disco Corporation ( TSE:6146 ) released its interim result to the market. The early...
Reported Earnings • Oct 30Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥296 (up from JP¥274 in 2Q 2025). Revenue: JP¥104.6b (up 8.7% from 2Q 2025). Net income: JP¥32.1b (up 8.1% from 2Q 2025). Profit margin: 31% (in line with 2Q 2025). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.0%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Oct 29Why The 34% Return On Capital At Disco (TSE:6146) Should Have Your AttentionWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
お知らせ • Oct 29+ 1 more updateDisco Corporation Provides Consolidated and Non-Consolidated Earnings Guidance for the Nine Months Ending December 31, 2025Disco Corporation provided consolidated and non-consolidated earnings guidance for the nine months ending December 31, 2025. For the period, on consolidated basis, the company expects net sales to be JPY 287.1 billion. Operating income to be JPY 111.7 billion. Net income to be JPY 80.3 billion. Net income per share to be JPY 740.57. For the period, on non-consolidated basis, the company expects net sales to be JPY 235.0 billion. Operating income to be JPY 92.1 billion. Net income to be JPY 82.9 billion. Net income per share to be JPY 764.54. Reason: The drastic and rapid fluctuations in customer willingness to invest make it difficult to predict demand in the semiconductor and electronic components industries. For this reason, DISCO business forecasts are only disclosed for one upcoming quarter. The cumulative shipment forecast is JPY 309.1 billion for the third quarter of the fiscal year ending on March 31, 2026 (April 1, 2025 - December 31, 2025).
Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥53,880, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 414% over the past three years.
New Risk • Oct 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
分析記事 • Sep 25Disco Corporation's (TSE:6146) Shares Climb 26% But Its Business Is Yet to Catch UpDisco Corporation ( TSE:6146 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...
Upcoming Dividend • Sep 22Upcoming dividend of JP¥110 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 36% and the cash payout ratio is 84%. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.3%).
Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥44,400, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total returns to shareholders of 306% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥20,107 per share.
分析記事 • Sep 03Disco (TSE:6146) Is Paying Out Less In Dividends Than Last YearDisco Corporation's ( TSE:6146 ) dividend is being reduced by 11% to ¥110.00 per share on 2nd of December, in...
分析記事 • Aug 20Disco (TSE:6146) Has Announced That Its Dividend Will Be Reduced To ¥110.00Disco Corporation's ( TSE:6146 ) dividend is being reduced by 11% to ¥110.00 per share on 2nd of December, in...
Declared Dividend • Jul 21Dividend reduced to JP¥110Dividend of JP¥110 is 11% lower than last year. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 0.9%, which is about the same as the industry average. Payout Ratios Payout ratio: 36%. Cash payout ratio: 84%.
分析記事 • Jul 19Disco Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearDisco Corporation ( TSE:6146 ) just released its latest quarterly results and things are looking bullish. The company...
分析記事 • Jul 17Is Now The Time To Put Disco (TSE:6146) On Your Watchlist?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
お知らせ • Jul 17+ 1 more updateDisco Corporation Revises Consolidated and Non-Consolidated Forecast for the Second Quarter Ending September 30, 2025Disco Corporation revised Consolidated and non-consolidated forecast for the second quarter ending September 30, 2025. For the period, the Consolidated forecasts for Net sales of JPY 181.1 billion; Operating income of JPY 67.7 billion; Net income attributable to owners of parent of JPY 47.3 billion; Net income of JPY 436.27 per share. For the period, the company expects the non-consolidated forecasts for Net sales of JPY 150.9 billion; Operating income of JPY 58.3 billion; Net income attributable to owners of parent of JPY 54.5 billion; Net income of JPY 502.67 per share.
Price Target Changed • Jul 09Price target increased by 7.5% to JP¥43,941Up from JP¥40,888, the current price target is an average from 17 analysts. New target price is 6.4% above last closing price of JP¥41,290. Stock is down 38% over the past year. The company is forecast to post earnings per share of JP¥1,159 for next year compared to JP¥1,143 last year.
お知らせ • Jul 09Disco Corporation Revises Consolidated and Non-Consolidated Forecast for the First Quarter Ending on June 30, 2025Disco Corporation revised Consolidated and non-consolidated forecast for the first quarter ending on June 30, 2025. For the period, the Consolidated forecasts is Net sales of JPY 89.9 billion against JPY 75.0 billion previously forecasted; Operating income of JPY 34.5 billion against JPY 23.8 billion previously forecasted; Net income attributable to owners of parent of JPY 23.8 billion against JPY 16.7 billion previously forecasted; Net income per share of JPY 219.23 against JPY 154.05 previously forecasted. For the period, the company expects the non-consolidated forecasts for net sales of JPY 75.5 billion against JPY 61.3 billion previously forecasted; Operating income of JPY 30.4 billion against JPY 20.1 billion previously forecasted; Net income of JPY 34.8 billion against JPY 27.2 billion previously forecasted; Net income per share of JPY 321.34 against JPY 250.91 previously forecasted. Reason: The drastic and rapid fluctuations in customer willingness to invest make it difficult to predict demand in the semiconductor and electronic components industries. For this reason, DISCO business forecasts are only disclosed for one upcoming quarter. For DISCO's mechanical products such as precision processing equipment, revenue recognition of sales is carried out on an inspection/acceptance basis. As the progress in inspection/acceptance of equipment products has been faster than expected, the net sales and profits are expected to increase.
Reported Earnings • Jun 29Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥1,143 (up from JP¥777 in FY 2024). Revenue: JP¥393.3b (up 28% from FY 2024). Net income: JP¥123.9b (up 47% from FY 2024). Profit margin: 32% (up from 27% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 2.5%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jun 27There's Reason For Concern Over Disco Corporation's (TSE:6146) Massive 25% Price JumpDisco Corporation ( TSE:6146 ) shareholders have had their patience rewarded with a 25% share price jump in the last...
Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥33,060, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total returns to shareholders of 220% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥19,345 per share.
Reported Earnings • Apr 18Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥1,143 (up from JP¥777 in FY 2024). Revenue: JP¥393.3b (up 28% from FY 2024). Net income: JP¥123.9b (up 47% from FY 2024). Profit margin: 32% (up from 27% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 2.5%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 17+ 2 more updatesDisco Corporation, Annual General Meeting, Jun 24, 2025Disco Corporation, Annual General Meeting, Jun 24, 2025.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥27,605, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Semiconductor industry in Japan. Total returns to shareholders of 185% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,136 per share.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥245 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.8%).
お知らせ • Mar 01+ 1 more updateDisco Corporation to Report Q2, 2026 Results on Oct 29, 2025Disco Corporation announced that they will report Q2, 2026 results on Oct 29, 2025
お知らせ • Feb 28+ 1 more updateDisco Corporation to Report Q1, 2026 Results on Jul 17, 2025Disco Corporation announced that they will report Q1, 2026 results on Jul 17, 2025
Valuation Update With 7 Day Price Move • Feb 28Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥37,450, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total returns to shareholders of 290% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥22,154 per share.
Declared Dividend • Jan 25Dividend increased to JP¥245Dividend of JP¥245 is 6.1% higher than last year. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 0.8%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 32%. Cash payout ratio: 40%.
お知らせ • Jan 24Disco Corporation Revises Dividend Guidance for the Fiscal Year Ending March 31, 2025Disco Corporation revised dividend guidance of JPY 245.00 per share for the Fiscal Year ending March 31, 2025 as compared to the dividend of JPY 231.00 per share paid a year ago.
Reported Earnings • Jan 24Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: JP¥294 (up from JP¥148 in 3Q 2024). Revenue: JP¥93.6b (up 22% from 3Q 2024). Net income: JP¥31.8b (up 98% from 3Q 2024). Profit margin: 34% (up from 21% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 2.2%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 23Disco Corporation Provides Consolidated and Non Consolidated Earnings Guidance for the Year Ending March 31, 2025Disco Corporation provided consolidated and non consolidated earnings guidance for the year ending March 31, 2025. For the period, on consolidated basis, the company expects net sales to be JPY 373,000 million, Operating income to be JPY 152,800 million, net income to be JPY 112,900 million and net income per share to be JPY 1,041.80. For the period, on non-consolidated basis, the company expects net sales to be 313,800 million, Operating income to be JPY 131,800 million, net income to be JPY 108,300 million and net income per share to be JPY 999.35.
Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥52,150, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total returns to shareholders of 410% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥23,303 per share.
Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥45,320, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total returns to shareholders of 356% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥21,861 per share.
Reported Earnings • Oct 18Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: JP¥274 (up from JP¥185 in 2Q 2024). Revenue: JP¥96.2b (up 33% from 2Q 2024). Net income: JP¥29.7b (up 49% from 2Q 2024). Profit margin: 31% (up from 28% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Oct 18Price target decreased by 9.1% to JP¥48,269Down from JP¥53,073, the current price target is an average from 16 analysts. New target price is 26% above last closing price of JP¥38,310. Stock is up 37% over the past year. The company is forecast to post earnings per share of JP¥1,153 for next year compared to JP¥777 last year.
お知らせ • Oct 17+ 1 more updateDisco Corporation Provides Consolidated and Non Consolidated Earnings Guidance for the Nine Months Ending December 31, 2024Disco Corporation provided consolidated and non consolidated earnings guidance for the Nine months ending December 31, 2024. For the period, on consolidated basis, the company expects net sales to be JPY 262,900 million, Operating income to be JPY 105,200 million, net income to be JPY 74,200 million and net income per share to be JPY 684.72. For the period, on non-consolidated basis, the company expects net sales to be 222,500 million, Operating income to be JPY 90,800 million, net income to be JPY 73,700 million and net income per share to be JPY 680.11.
New Risk • Oct 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥108 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.6%).
Valuation Update With 7 Day Price Move • Sep 06Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥34,650, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total returns to shareholders of 207% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥25,713 per share.
Price Target Changed • Sep 03Price target decreased by 7.0% to JP¥57,913Down from JP¥62,280, the current price target is an average from 15 analysts. New target price is 44% above last closing price of JP¥40,160. Stock is up 43% over the past year. The company is forecast to post earnings per share of JP¥1,223 for next year compared to JP¥777 last year.
Price Target Changed • Aug 30Price target decreased by 7.2% to JP¥58,113Down from JP¥62,613, the current price target is an average from 15 analysts. New target price is 36% above last closing price of JP¥42,660. Stock is up 52% over the past year. The company is forecast to post earnings per share of JP¥1,225 for next year compared to JP¥777 last year.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥37,600, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 262% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥25,618 per share.
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥55,260, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 471% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥22,537 per share.
New Risk • Jul 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Declared Dividend • Jul 15Final dividend of JP¥76.00 announcedShareholders will receive a dividend of JP¥76.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 0.5%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 39%. Cash payout ratio: 41%.
Board Change • Jul 05High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Outside Director Etsuko Kobayashi was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Price Target Changed • Jul 02Price target increased by 8.1% to JP¥60,856Up from JP¥56,294, the current price target is an average from 16 analysts. New target price is approximately in line with last closing price of JP¥61,850. Stock is up 158% over the past year. The company is forecast to post earnings per share of JP¥1,186 for next year compared to JP¥777 last year.
Reported Earnings • Jun 26Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥777 (up from JP¥765 in FY 2023). Revenue: JP¥307.6b (up 8.2% from FY 2023). Net income: JP¥84.2b (up 1.6% from FY 2023). Profit margin: 27% (down from 29% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 6.2%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 28Disco Corporation, Annual General Meeting, Jun 21, 2024Disco Corporation, Annual General Meeting, Jun 21, 2024.