Board Change • Aug 04
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Andre Mintz was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to €302, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 30x in the Semiconductor industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €126 per share. Declared Dividend • Jul 26
Dividend of JP¥171 announced Shareholders will receive a dividend of JP¥171. Ex-date: 29th September 2026 Payment date: 1st December 2026 Dividend yield will be 53%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 54% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공고 • Jul 25
Disco Corp Announces Appointment of Andre Mintz to Board of Directors, Effective July 21, 2026 DISCO CORP announced that Andre Mintz was appointed to its Board of Directors, effective July 21, 2026. Andre Mintz has led a multi-decade career in security and privacy risk management, most recently serving as Vice President, Global Security and Privacy at Meta. He has also held senior roles at Newport Group, Red Ventures, Nuance Communications and Leviathan Security Group. Other key positions include senior roles at Microsoft, Reuters and FedEx. In addition to DISCO, Mintz also serves on the Board of Directors for Q2, a publicly traded financial technology services company. Reported Earnings • Jul 24
First quarter 2027 earnings released: EPS: JP¥316 (vs JP¥219 in 1Q 2026) First quarter 2027 results: EPS: JP¥316 (up from JP¥219 in 1Q 2026). Revenue: JP¥114.3b (up 27% from 1Q 2026). Net income: JP¥34.2b (up 44% from 1Q 2026). Profit margin: 30% (up from 26% in 1Q 2026). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Germany. 공고 • Jul 24
Disco Corporation Announced the Revision of Dividend Forecasts for the Second Quarter Ending September 30, 2026 Disco Corporation announced the revision of dividend forecasts for the second quarter ending September 30, 2026. For the quarter end, the company now expects to pay JPY 171.00 per share as compared to JPY 129.00 per share in the previous year. 공고 • Jul 23
Disco Corporation Revises Consolidated and Non-Consolidated Earnings Forecast for the First Half Ending September 30, 2026 Disco Corporation revised Consolidated and non-consolidated earnings forecast for the first half ending September 30, 2026. For the period, the company expects the consolidated forecasts for Net sales of JPY 242,800 million; Operating income of JPY 104,900 million; Net income of JPY 73,800 million; Net income per share of JPY 680.39.
For the period, the company expects the non-consolidated forecasts for Net sales of JPY 201,100 million; Operating income of JPY 87,100 million; Net income of JPY 81,800 million; Net income per share of JPY 754.14. 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 shipment forecast for the first half of the fiscal year ending on March 31, 2027 (April - September) is 276.9 billion yen. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €356, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 36x in the Semiconductor industry in Germany. New Risk • Jun 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% 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. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €446, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 42x in the Semiconductor industry in Germany. Valuation Update With 7 Day Price Move • May 21
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €320, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 37x in the Semiconductor industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €158 per share. 공고 • Apr 22
Disco Corporation, Annual General Meeting, Jun 24, 2026 Disco Corporation, Annual General Meeting, Jun 24, 2026.