View ValuationTokyo Electron 향후 성장Future 기준 점검 3/6Tokyo Electron (는) 각각 연간 14.3% 및 12.8% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 14.7% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 31.8% 로 예상됩니다.핵심 정보14.3%이익 성장률14.75%EPS 성장률Semiconductor 이익 성장30.4%매출 성장률12.8%향후 자기자본이익률31.78%애널리스트 커버리지Good마지막 업데이트25 May 2026최근 향후 성장 업데이트공시 • Oct 31+ 1 more updateTokyo Electron Limited Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026Tokyo Electron Limited revised consolidated earnings guidance for the fiscal year ending March 31, 2026. for the year, the company expects net sales of JPY 2,380,000 million, operating income of JPY 586,000 million, net income attributable to owners of parent of JPY 488,000 million and net income per share of JPY 1,064.77 against net sales of JPY 2,350,000 million, operating income of JPY 570,000 million, net income attributable to owners of parent of JPY 444,000 million and net income per share of JPY 969.12 expected previously.공시 • Aug 08+ 1 more updateTokyo Electron Limited Revises Earnings Guidance for the Six Months Ending September 30, 2024 and Year Ending March 31, 2025Tokyo Electron Limited revised earnings guidance for the six months ending September 30, 2024 and year ending March 31, 2025. For the six months period, the company expects Net sales of JPY 1,100,000 million compared to previous guidance of JPY 1,000,000, Operating income of JPY 288,000 million compared to previous guidance of JPY 243,000 million, Net income attributable to owners of parent of JPY 218,000 million compared to previous guidance of JPY 185,000 million, Net income per share of JPY 472.61 compared to previous guidance of JPY 399.59 . For the year, the company expects Net sales of JP 2,300,000 million compared to previous guidance of JPY 2,200,000 million, Operating income of JPY 627,000 million compared to previous guidance of JPY 582,000 million, Net income attributable to owners of parent of JPY 478,000 million compared to previous guidance of JPY 445,000 million, Net income per share of JPY 1,036.94 compared to previous guidance of JPY 961.19.공시 • Feb 09+ 1 more updateTokyo Electron Limited Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Tokyo Electron Limited revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company now expects net sales of JPY 1,830,000 million, Operating income of JPY 445,000 million, Net income attributable to owners of parent of JPY 340,000 million, Net income per share of JPY 732.16 against previous guidance of net sales of JPY 1,730,000 million, Operating income of JPY 401,000 million, Net income attributable to owners of parent of JPY 307,000 million, Net income per share of JPY 661.14.공시 • May 01Tokyo Electron Limited Revises Year-End Dividend Guidance for the Fiscal Year Ended March 31, 2021Tokyo Electron Limited (TEL) announced the year-end dividends forecast for the fiscal year ended March 31, 2021 has been revised. The formal resolution of the year-end dividends for the fiscal year ended March 31, 2021 is planned at the Board of Directors' meeting held on May 13, 2021. The company now expects year-end dividend of JPY 421.00 per share against previously expected year-end dividend of JPY 380.00 per share. Reason for dividends forecast revision, TEL's dividend policy is to link dividend payments to business performance on an ongoing basis and a payout ratio is around 50% based on consolidated net income attributable to owners of parent. On the basis of the consolidated results for the fiscal year ended March 31, 2021 announced, TEL has revised upward the year-end dividends forecast announced on January 28, 2021.공시 • Jan 29Tokyo Electron Limited Revises Earnings Guidance for the Year Ending March 31, 2021Tokyo Electron Limited revised earnings guidance for the year ending March 31, 2021. For the period, the company now expects net sales of ¥1,360.0 billion, Operating income of ¥306 billion and Net Income Attributable to Owners of Parent of ¥230 billion or ¥1,479.06 per share against previous guidance of net sales of ¥1,300.0 billion, Operating income of ¥281 billion and Net Income Attributable to Owners of Parent of ¥210 billion.모든 업데이트 보기Recent updatesBoard Change • May 20High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. 1 highly experienced director. President, CEO, Representative Director & Corporate Officer Toshiki Kawai is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공시 • May 01Tokyo Electron Limited, Annual General Meeting, Jun 23, 2026Tokyo Electron Limited, Annual General Meeting, Jun 23, 2026.공시 • Mar 26Tokyo Electron Limited to Report Fiscal Year 2026 Results on Apr 30, 2026Tokyo Electron Limited announced that they will report fiscal year 2026 results at 4:00 PM, Tokyo Standard Time on Apr 30, 2026공시 • Feb 07+ 1 more updateTokyo Electron Limited Revises Year End Dividend Guidance for the Fiscal Year Ending March 31, 2026Tokyo Electron Limited revised year end dividend guidance for the fiscal year ending March 31, 2026. For the period, the company now expected year end dividend of JPY 337 per share as compared to previously forecast of JPY 269 per share. Dividend policy is to link dividend payments to business performance on an ongoing basis. Basic policy for returning profits to shareholders is to maintain a payout ratio of around 50% based on consolidated net income attributable to owners of parent. Due to the revision of consolidated financial forecasts mentioned earlier, would like to revise the annual dividends forecast from JPY 533 per share as announced on October 31, 2025, to JPY 601 per share (Interim dividends: JPY 264, Year-end dividends: JPY 337).공시 • Feb 06Tokyo Electron Limited (TSE:8035) announces an Equity Buyback for 7,500,000 shares, representing 1.63% for ¥150,000 million.Tokyo Electron Limited (TSE:8035) announces a share repurchase program. Under the program, the company will repurchase up to 7,500,000 shares, representing 1.63% of its issued share capital, for ¥150,000 million. The purpose of the program is to implement growth investments aimed at mid- to long-term profit growth, while also considering the company's current cash position. The program is valid till March 31, 2026. As of December 31, 2025, the company had 459,713,635 outstanding shares (excluding treasury stock) and 11,919,098 treasury shares.Board Change • Dec 30High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. 1 highly experienced director. President, CEO, GM of Corporate Innovation Division, Representative Director & Corporate Officer Toshiki Kawai is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공시 • Dec 24Tokyo Electron Limited to Report Q3, 2026 Results on Feb 06, 2026Tokyo Electron Limited announced that they will report Q3, 2026 results on Feb 06, 2026공시 • Oct 31+ 1 more updateTokyo Electron Limited Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026Tokyo Electron Limited revised consolidated earnings guidance for the fiscal year ending March 31, 2026. for the year, the company expects net sales of JPY 2,380,000 million, operating income of JPY 586,000 million, net income attributable to owners of parent of JPY 488,000 million and net income per share of JPY 1,064.77 against net sales of JPY 2,350,000 million, operating income of JPY 570,000 million, net income attributable to owners of parent of JPY 444,000 million and net income per share of JPY 969.12 expected previously.공시 • Sep 26Tokyo Electron Limited to Report Q2, 2026 Results on Oct 31, 2025Tokyo Electron Limited announced that they will report Q2, 2026 results on Oct 31, 2025공시 • Jun 24Tokyo Electron Limited to Report Q1, 2026 Results on Jul 31, 2025Tokyo Electron Limited announced that they will report Q1, 2026 results at 4:00 PM, Tokyo Standard Time on Jul 31, 2025공시 • Apr 30Tokyo Electron Limited, Annual General Meeting, Jun 17, 2025Tokyo Electron Limited, Annual General Meeting, Jun 17, 2025.공시 • Mar 20Tokyo Electron Limited to Report Fiscal Year 2025 Results on Apr 30, 2025Tokyo Electron Limited announced that they will report fiscal year 2025 results on Apr 30, 2025공시 • Mar 19Tokyo Electron Limited Announces Board RetirementsTokyo Electron Limited announces that its Board of Directors has decided on the list of candidates for Corporate Director and Audit & Supervisory Board Member on March 19, 2025. The official resolution on these matters will be made at the Annual General Meeting of Shareholders held on June 17, 2025. Retiring Corporate Director: Yoshikazu Nunokawa. Retiring Audit & Supervisory Board Members: Kazushi Tahara, and Kyosuke Wagai (Outside Audit & Supervisory Board Member).공시 • Feb 08+ 1 more updateTokyo Electron Limited Provides Dividend Guidance for the Fiscal Year Ending March 31, 2025Tokyo Electron Limited provided dividend guidance for the Fiscal year ending March 31, 2025. For the year, the company expects dividend of JPY 306.00 per share compared to JPY 245.00 per share a year ago.공시 • Dec 25Tokyo Electron Limited to Report Q3, 2025 Results on Feb 06, 2025Tokyo Electron Limited announced that they will report Q3, 2025 results on Feb 06, 2025Reported Earnings • Nov 14Second quarter 2025 earnings released: EPS: JP¥255 (vs JP¥158 in 2Q 2024)Second quarter 2025 results: EPS: JP¥255 (up from JP¥158 in 2Q 2024). Revenue: JP¥566.6b (up 32% from 2Q 2024). Net income: JP¥117.7b (up 61% from 2Q 2024). Profit margin: 21% (up from 17% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • Nov 12Tokyo Electron Limited (TSE:8035) announces an Equity Buyback for 3,500,000 shares, representing 0.76% for ¥70,000 million.Tokyo Electron Limited (TSE:8035) announces a share repurchase program. Under the program, the company will repurchase up to 3,500,000 shares, representing 0.76% of its issued share capital, for ¥70,000 million. The purpose of the program is to implement growth investments aimed at mid- to long-term profit growth, while also considering the company's current cash position. The program is valid till January 31, 2025. As of September 30, 2024, the company had 462,297,995 outstanding shares (excluding treasury stock) and 9,334,738 treasury shares.공시 • Sep 25Tokyo Electron Limited to Report Q2, 2025 Results on Nov 12, 2024Tokyo Electron Limited announced that they will report Q2, 2025 results on Nov 12, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥237 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 43% and the cash payout ratio is 84%. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.2%).Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥273 (vs JP¥137 in 1Q 2024)First quarter 2025 results: EPS: JP¥273 (up from JP¥137 in 1Q 2024). Revenue: JP¥555.1b (up 42% from 1Q 2024). Net income: JP¥126.2b (up 96% from 1Q 2024). Profit margin: 23% (up from 16% in 1Q 2024). 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 8.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 08+ 1 more updateTokyo Electron Limited Revises Earnings Guidance for the Six Months Ending September 30, 2024 and Year Ending March 31, 2025Tokyo Electron Limited revised earnings guidance for the six months ending September 30, 2024 and year ending March 31, 2025. For the six months period, the company expects Net sales of JPY 1,100,000 million compared to previous guidance of JPY 1,000,000, Operating income of JPY 288,000 million compared to previous guidance of JPY 243,000 million, Net income attributable to owners of parent of JPY 218,000 million compared to previous guidance of JPY 185,000 million, Net income per share of JPY 472.61 compared to previous guidance of JPY 399.59 . For the year, the company expects Net sales of JP 2,300,000 million compared to previous guidance of JPY 2,200,000 million, Operating income of JPY 627,000 million compared to previous guidance of JPY 582,000 million, Net income attributable to owners of parent of JPY 478,000 million compared to previous guidance of JPY 445,000 million, Net income per share of JPY 1,036.94 compared to previous guidance of JPY 961.19.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €161, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €160 per share.Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €187, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total returns to shareholders of 79% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €138 per share.Declared Dividend • Jul 11Final dividend of JP¥200 announcedShareholders will receive a dividend of JP¥200. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 92%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (72% cash payout ratio). The dividend has increased by an average of 40% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 66% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Jun 23Tokyo Electron Limited to Report Q1, 2025 Results on Aug 08, 2024Tokyo Electron Limited announced that they will report Q1, 2025 results on Aug 08, 2024Reported Earnings • Jun 21Full year 2024 earnings released: EPS: JP¥784 (vs JP¥1,008 in FY 2023)Full year 2024 results: EPS: JP¥784 (down from JP¥1,008 in FY 2023). Revenue: JP¥1.83t (down 17% from FY 2023). Net income: JP¥364.0b (down 23% from FY 2023). Profit margin: 20% (down from 21% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥784 (vs JP¥1,008 in FY 2023)Full year 2024 results: EPS: JP¥784 (down from JP¥1,008 in FY 2023). Revenue: JP¥1.83t (down 17% from FY 2023). Net income: JP¥364.0b (down 23% from FY 2023). Profit margin: 20% (down from 21% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 11+ 1 more updateTokyo Electron Limited Resolves to Pay Year-End Dividend for the Fiscal Year Ended March 31, 2024, Payable on May 29, 2024Tokyo Electron Limited (TEL) announced that its Board of Directors held on May 10, 2024 resolved to pay year-end dividend of JPY 245 per share for the fiscal year ended March 31, 2024 from surplus to the shareholders registered as of March 31, 2024 against JPY 854 per share including commemorative dividend of JPY 200 per share paid a year ago. Payment date is May 29, 2024.Valuation Update With 7 Day Price Move • Apr 22Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €194, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 13x in the Semiconductor industry in Germany. Total returns to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €129 per share.Board Change • Mar 29Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Sachiko Ichikawa was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Mar 28Tokyo Electron Limited, Annual General Meeting, Jun 18, 2024Tokyo Electron Limited, Annual General Meeting, Jun 18, 2024.공시 • Mar 27Tokyo Electron Limited Announces Retirement of Makiko Eda as Corporate Director and Masataka Hama as Audit & Supervisory Board MemberTokyo Electron Limited announced the retirement of Makiko Eda as Corporate Director and Masataka Hama as Audit & Supervisory Board Member.공시 • Mar 23Tokyo Electron Limited to Report Fiscal Year 2024 Results on May 10, 2024Tokyo Electron Limited announced that they will report fiscal year 2024 results on May 10, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥219 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 48% and the cash payout ratio is 95%. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.2%).Reported Earnings • Feb 11Third quarter 2024 earnings released: EPS: JP¥219 (vs JP¥183 in 3Q 2023)Third quarter 2024 results: EPS: JP¥219 (up from JP¥183 in 3Q 2023). Revenue: JP¥463.7b (flat on 3Q 2023). Net income: JP¥101.5b (up 19% from 3Q 2023). Profit margin: 22% (up from 18% in 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 09+ 1 more updateTokyo Electron Limited Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Tokyo Electron Limited revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company now expects net sales of JPY 1,830,000 million, Operating income of JPY 445,000 million, Net income attributable to owners of parent of JPY 340,000 million, Net income per share of JPY 732.16 against previous guidance of net sales of JPY 1,730,000 million, Operating income of JPY 401,000 million, Net income attributable to owners of parent of JPY 307,000 million, Net income per share of JPY 661.14.공시 • Dec 23Tokyo Electron Limited to Report Q3, 2024 Results on Feb 09, 2024Tokyo Electron Limited announced that they will report Q3, 2024 results on Feb 09, 2024Reported Earnings • Nov 12Second quarter 2024 earnings released: EPS: JP¥158 (vs JP¥383 in 2Q 2023)Second quarter 2024 results: EPS: JP¥158 (down from JP¥383 in 2Q 2023). Revenue: JP¥427.8b (down 40% from 2Q 2023). Net income: JP¥73.2b (down 59% from 2Q 2023). Profit margin: 17% (down from 25% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year.공시 • Nov 10+ 1 more updateTokyo Electron Limited Declares Interim Dividend for the First Half of the Fiscal Year Ending March 31, 2024, Payable on December 7, 2023Tokyo Electron Ltd. announced that on November 10, 2023, its Board of Directors had passed a resolution to pay interim dividend from surplus (for the first half of the fiscal year ending March 31, 2024) of JPY 148 per share to shareholders of record as of September 30, 2023. Effective date is December 7, 2023.공시 • Sep 22Tokyo Electron Limited to Report Q2, 2024 Results on Nov 10, 2023Tokyo Electron Limited announced that they will report Q2, 2024 results on Nov 10, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥128 per share at 1.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 07 December 2023. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.1%).공시 • Aug 12+ 1 more updateTokyo Electron Limited Provides Dividend Guidance Second Quarter and Year Ending March 31, 2024Tokyo Electron Limited provided dividend guidance for the second quarter and year ending March 31, 2024. For the quarter, the company expects dividend of JPY 128.00 per share against JPY 857.00 per share a year ago.For the year, the company expects, dividend of JPY 192.00 per share against JPY 854 per share a year ago.Reported Earnings • Aug 11First quarter 2024 earnings released: EPS: JP¥137 (vs JP¥189 in 1Q 2023)First quarter 2024 results: EPS: JP¥137 (down from JP¥189 in 1Q 2023). Revenue: JP¥391.7b (down 17% from 1Q 2023). Net income: JP¥64.3b (down 27% from 1Q 2023). Profit margin: 16% (down from 19% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.공시 • Jul 01Tokyo Electron Limited to Report Q1, 2024 Results on Aug 10, 2023Tokyo Electron Limited announced that they will report Q1, 2024 results at 3:30 PM, Tokyo Standard Time on Aug 10, 2023Reported Earnings • Jun 22Full year 2023 earnings released: EPS: JP¥3,023 (vs JP¥936 in FY 2022)Full year 2023 results: EPS: JP¥3,023 (up from JP¥936 in FY 2022). Revenue: JP¥2.21t (up 10% from FY 2022). Net income: JP¥471.6b (up 7.9% from FY 2022). Profit margin: 21% (in line with FY 2022). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.New Risk • Jun 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change).Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €127, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €65.15 per share.Reported Earnings • May 15Full year 2023 earnings released: EPS: JP¥1,008 (vs JP¥936 in FY 2022)Full year 2023 results: EPS: JP¥1,008 (up from JP¥936 in FY 2022). Revenue: JP¥2.21t (up 10% from FY 2022). Net income: JP¥471.6b (up 7.9% from FY 2022). Profit margin: 21% (in line with FY 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.공시 • May 12+ 2 more updatesTokyo Electron Limited Revises Dividend Guidance for the Fiscal Year Ended March 31, 2023, Payable on May 31, 2023Tokyo Electron Limited revises dividend guidance for the fiscal year ended March 31, 2023. The company now expects to pay JPY 854 against JPY 731 forecasted previously. Payment date May 31, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥731 per share at 2.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 31 May 2023. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.1%).Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥548 (vs JP¥707 in 3Q 2022)Third quarter 2023 results: EPS: JP¥548 (down from JP¥707 in 3Q 2022). Revenue: JP¥467.8b (down 7.6% from 3Q 2022). Net income: JP¥85.6b (down 22% from 3Q 2022). Profit margin: 18% (down from 22% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.공시 • Feb 10+ 1 more updateTokyo Electron Limited Reaffirms Commemorative Dividend Guidance for the Year Ending March 31, 2023Tokyo Electron Limited reaffirmed commemorative dividend guidance for the year ending March 31, 2023. For the year, the company expects commemorative dividend of JPY 200 per share.공시 • Dec 23Tokyo Electron Limited to Report Q3, 2023 Results on Feb 09, 2023Tokyo Electron Limited announced that they will report Q3, 2023 results on Feb 09, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥1,149 (vs JP¥642 in 2Q 2022)Second quarter 2023 results: EPS: JP¥1,149 (up from JP¥642 in 2Q 2022). Revenue: JP¥709.2b (up 48% from 2Q 2022). Net income: JP¥179.3b (up 80% from 2Q 2022). Profit margin: 25% (up from 21% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 12Second quarter 2023 earnings released: EPS: JP¥858 (vs JP¥642 in 2Q 2022)Second quarter 2023 results: EPS: JP¥858 (up from JP¥642 in 2Q 2022). Revenue: JP¥591.4b (up 23% from 2Q 2022). Net income: JP¥133.7b (up 34% from 2Q 2022). Profit margin: 23% (up from 21% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Oct 29Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be €331, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings is also forecast to grow by 4.5% per annum over the same time period.Upcoming Dividend • Sep 22Upcoming dividend of JP¥751 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 09 December 2022. Payout ratio is a comfortable 51% and the cash payout ratio is 76%. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.3%).Reported Earnings • Aug 09First quarter 2023 earnings released: EPS: JP¥566 (vs JP¥645 in 1Q 2022)First quarter 2023 results: EPS: JP¥566 (down from JP¥645 in 1Q 2022). Revenue: JP¥473.7b (up 4.8% from 1Q 2022). Net income: JP¥88.1b (down 12% from 1Q 2022). Profit margin: 19% (down from 22% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 15%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year and the company’s share price has also increased by 32% per year.Board Change • Jul 31High number of new directorsIndependent Outside Director Sachiko Ichikawa was the last director to join the board, commencing their role in 2021.Buying Opportunity • Jul 22Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be €397, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings is also forecast to grow by 6.6% per annum over the same time period.Reported Earnings • Jun 24Full year 2022 earnings releasedFull year 2022 results: Revenue: JP¥2.00t (up 43% from FY 2021). Net income: JP¥437.1b (up 80% from FY 2021). Profit margin: 22% (up from 17% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 14% growth forecast for the industry in Germany.Reported Earnings • Jun 24Full year 2022 earnings releasedFull year 2022 results: Revenue: JP¥2.00t (up 43% from FY 2021). Net income: JP¥437.1b (up 80% from FY 2021). Profit margin: 22% (up from 17% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 14% growth forecast for the industry in Germany.Reported Earnings • May 14Full year 2022 earnings released: EPS: JP¥2,808 (vs JP¥1,562 in FY 2021)Full year 2022 results: EPS: JP¥2,808 (up from JP¥1,562 in FY 2021). Revenue: JP¥2.00t (up 43% from FY 2021). Net income: JP¥437.1b (up 80% from FY 2021). Profit margin: 22% (up from 17% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 13%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Outside Director Sachiko Ichikawa was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Upcoming Dividend • Mar 23Upcoming dividend of JP¥693 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 May 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.1%).Buying Opportunity • Mar 09Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be JP¥523, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% per annum over the last 3 years. Earnings per share has grown by 18% per annum over the last 3 years.Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥707 (up from JP¥297 in 3Q 2021). Revenue: JP¥506.5b (up 74% from 3Q 2021). Net income: JP¥110.0b (up 138% from 3Q 2021). Profit margin: 22% (up from 16% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.9%. Over the next year, revenue is forecast to grow 11%, compared to a 16% growth forecast for the industry in Germany. 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 53% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 14Second quarter 2022 earnings released: EPS JP¥642 (vs JP¥357 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥480.5b (up 36% from 2Q 2021). Net income: JP¥99.9b (up 80% from 2Q 2021). Profit margin: 21% (up from 16% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥562 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 27 November 2021. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.7%).공시 • Aug 31Tokyo Electron Announces the Launch of PrexaTokyo Electron announced the launch of Prexa, the next-generation 300mm wafer prober that succeeds the Precio series of 300mm wafer probers. Demand for semiconductors is rising with the growth of information and communication technologies and the ongoing shift to a digital society. Accordingly, technological requirements for semiconductor production equipment are also becoming increasingly complex and challenging. In addition to process scaling, 3D stacking is drawing the industry’s attention as it enables leading-edge packaging that integrates multiple devices and/or heterogeneous devices. Its implementation necessitates a wafer testing process with reliable KGD* performance, which requires advanced features for wafer probers. While inheriting a number of key technologies from the Precio series, the Prexa wafer prober also adopts innovative functions and features—including error/assist reduction and enhanced automation—to achieve higher productivity than its predecessors. The Prexa platform also supports features that are drawing attention lately, including thermal control during the device tests and high load control of the stage for memory device. Functions and features of Prexa: Automation of operations including setups. Error/assist reduction and high-accuracy contact enabled by the latest optic system and new algorithms. High-speed inspection of probe tips and probe marks. TEL remains committed to providing the Best Products and Best Technical Service that satisfy the market’s needs. KGD: Known Good Die. It refers to bare chips (or bare dies) that have been fully tested and assured to be defect-free before being placed into their packages. Precio and Prexa are registered trademarks or trademarks of Tokyo Electron Group in Japan and/or other countries.Reported Earnings • Aug 18First quarter 2022 earnings released: EPS JP¥645 (vs JP¥363 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥452.0b (up 44% from 1Q 2021). Net income: JP¥100.4b (up 78% from 1Q 2021). Profit margin: 22% (up from 18% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jun 20Full year 2021 earnings released: EPS JP¥1,562 (vs JP¥1,171 in FY 2020)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥1.40t (up 24% from FY 2020). Net income: JP¥242.9b (up 31% from FY 2020). Profit margin: 17% (in line with FY 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.Reported Earnings • May 02Full year 2021 earnings released: EPS JP¥1,562 (vs JP¥1,171 in FY 2020)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥1.40t (up 24% from FY 2020). Net income: JP¥242.9b (up 31% from FY 2020). Profit margin: 17% (in line with FY 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 34% per year, which means it is well ahead of earnings.공시 • May 01Tokyo Electron Limited Revises Year-End Dividend Guidance for the Fiscal Year Ended March 31, 2021Tokyo Electron Limited (TEL) announced the year-end dividends forecast for the fiscal year ended March 31, 2021 has been revised. The formal resolution of the year-end dividends for the fiscal year ended March 31, 2021 is planned at the Board of Directors' meeting held on May 13, 2021. The company now expects year-end dividend of JPY 421.00 per share against previously expected year-end dividend of JPY 380.00 per share. Reason for dividends forecast revision, TEL's dividend policy is to link dividend payments to business performance on an ongoing basis and a payout ratio is around 50% based on consolidated net income attributable to owners of parent. On the basis of the consolidated results for the fiscal year ended March 31, 2021 announced, TEL has revised upward the year-end dividends forecast announced on January 28, 2021.Upcoming Dividend • Mar 24Upcoming dividend of JP¥380 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 02 June 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (0.7%).Reported Earnings • Feb 18Third quarter 2021 earnings released: EPS JP¥297 (vs JP¥316 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: JP¥291.7b (down 1.3% from 3Q 2020). Net income: JP¥46.2b (down 6.4% from 3Q 2020). Profit margin: 16% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Feb 18Revenue misses expectationsRevenue missed analyst estimates by 6.8%. Over the next year, revenue is forecast to grow 11%, compared to a 17% growth forecast for the Semiconductor industry in Germany.Reported Earnings • Jan 30Third quarter 2021 earnings released: EPS JP¥297 (vs JP¥316 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: JP¥291.7b (down 1.3% from 3Q 2020). Net income: JP¥46.2b (down 6.4% from 3Q 2020). Profit margin: 16% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Jan 30Revenue misses expectationsRevenue missed analyst estimates by 6.8%. Over the next year, revenue is forecast to grow 10%, compared to a 20% growth forecast for the Semiconductor industry in Germany.공시 • Jan 29Tokyo Electron Limited Revises Earnings Guidance for the Year Ending March 31, 2021Tokyo Electron Limited revised earnings guidance for the year ending March 31, 2021. For the period, the company now expects net sales of ¥1,360.0 billion, Operating income of ¥306 billion and Net Income Attributable to Owners of Parent of ¥230 billion or ¥1,479.06 per share against previous guidance of net sales of ¥1,300.0 billion, Operating income of ¥281 billion and Net Income Attributable to Owners of Parent of ¥210 billion.Is New 90 Day High Low • Jan 18New 90-day high: €352The company is up 50% from its price of €235 on 20 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €191 per share.Is New 90 Day High Low • Dec 29New 90-day high: €305The company is up 37% from its price of €222 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €184 per share.공시 • Dec 26Tokyo Electron Limited to Report Q3, 2021 Results on Jan 28, 2021Tokyo Electron Limited announced that they will report Q3, 2021 results on Jan 28, 2021이익 및 매출 성장 예측DB:TKY - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/20293,978,267979,177757,558946,000143/31/20283,606,383853,905656,871879,360223/31/20273,156,944697,341458,682358,980163/31/20262,443,533574,454320,291539,732N/A12/31/20252,387,117503,130388,454598,771N/A9/30/20252,489,610541,856274,021500,589N/A6/30/20252,426,083535,745279,629473,351N/A3/31/20252,431,568544,133414,135582,174N/A12/31/20242,323,459526,106295,323456,418N/A9/30/20242,132,581470,375418,941566,531N/A6/30/20241,993,852425,840377,321492,767N/A3/31/20241,830,527363,963309,740434,720N/A12/31/20231,841,530357,688N/AN/AN/A9/30/20231,845,700341,729266,369363,501N/A6/30/20232,127,117447,801N/AN/AN/A3/31/20232,209,025471,584349,957426,270N/A12/31/20222,215,546479,750N/AN/AN/A9/30/20222,254,188504,203268,416340,864N/A6/30/20222,025,410424,808N/AN/AN/A3/31/20222,003,805437,076218,284283,387N/A12/31/20211,878,205395,008N/AN/AN/A9/30/20211,663,456331,148181,583245,876N/A6/30/20211,536,328286,852N/AN/AN/A3/31/20211,399,102242,94184,958145,888N/A12/31/20201,283,275215,333N/AN/AN/A9/30/20201,287,004218,496161,797217,841N/A6/30/20201,225,688209,764N/AN/AN/A3/31/20201,127,286185,206200,365253,117N/A12/31/20191,122,932192,154N/AN/AN/A9/30/20191,095,648191,656N/A195,253N/A6/30/20191,199,092224,381N/AN/AN/A3/31/20191,278,240248,228N/A189,572N/A12/31/20181,315,182257,113N/AN/AN/A9/30/20181,304,786248,997N/A254,156N/A6/30/20181,189,901218,860N/AN/AN/A3/31/20181,130,728204,371N/A186,582N/A12/31/20171,035,382178,674N/AN/AN/A9/30/2017963,973163,910N/A152,888N/A6/30/2017888,139143,776N/AN/AN/A3/31/2017799,719115,208N/A136,948N/A12/31/2016703,31386,574N/AN/AN/A9/30/2016675,71978,481N/A73,829N/A6/30/2016656,16271,094N/AN/AN/A3/31/2016663,94877,891N/A69,398N/A12/31/2015681,55193,655N/AN/AN/A9/30/2015659,80293,248N/A76,044N/A6/30/2015617,56179,534N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: TKY 의 연간 예상 수익 증가율(14.3%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: TKY 의 연간 수익(14.3%)이 German 시장(17.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: TKY 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: TKY 의 수익(연간 12.8%)이 German 시장(연간 6.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: TKY 의 수익(연간 12.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: TKY의 자본 수익률은 3년 후 31.8%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSemiconductors 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 01:42종가2026/05/25 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Tokyo Electron Limited는 32명의 분석가가 다루고 있습니다. 이 중 22명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Masahiro NakanomyoBarclaysTammy QiuBerenbergHao DaiBernstein29명의 분석가 더 보기
공시 • Oct 31+ 1 more updateTokyo Electron Limited Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026Tokyo Electron Limited revised consolidated earnings guidance for the fiscal year ending March 31, 2026. for the year, the company expects net sales of JPY 2,380,000 million, operating income of JPY 586,000 million, net income attributable to owners of parent of JPY 488,000 million and net income per share of JPY 1,064.77 against net sales of JPY 2,350,000 million, operating income of JPY 570,000 million, net income attributable to owners of parent of JPY 444,000 million and net income per share of JPY 969.12 expected previously.
공시 • Aug 08+ 1 more updateTokyo Electron Limited Revises Earnings Guidance for the Six Months Ending September 30, 2024 and Year Ending March 31, 2025Tokyo Electron Limited revised earnings guidance for the six months ending September 30, 2024 and year ending March 31, 2025. For the six months period, the company expects Net sales of JPY 1,100,000 million compared to previous guidance of JPY 1,000,000, Operating income of JPY 288,000 million compared to previous guidance of JPY 243,000 million, Net income attributable to owners of parent of JPY 218,000 million compared to previous guidance of JPY 185,000 million, Net income per share of JPY 472.61 compared to previous guidance of JPY 399.59 . For the year, the company expects Net sales of JP 2,300,000 million compared to previous guidance of JPY 2,200,000 million, Operating income of JPY 627,000 million compared to previous guidance of JPY 582,000 million, Net income attributable to owners of parent of JPY 478,000 million compared to previous guidance of JPY 445,000 million, Net income per share of JPY 1,036.94 compared to previous guidance of JPY 961.19.
공시 • Feb 09+ 1 more updateTokyo Electron Limited Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Tokyo Electron Limited revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company now expects net sales of JPY 1,830,000 million, Operating income of JPY 445,000 million, Net income attributable to owners of parent of JPY 340,000 million, Net income per share of JPY 732.16 against previous guidance of net sales of JPY 1,730,000 million, Operating income of JPY 401,000 million, Net income attributable to owners of parent of JPY 307,000 million, Net income per share of JPY 661.14.
공시 • May 01Tokyo Electron Limited Revises Year-End Dividend Guidance for the Fiscal Year Ended March 31, 2021Tokyo Electron Limited (TEL) announced the year-end dividends forecast for the fiscal year ended March 31, 2021 has been revised. The formal resolution of the year-end dividends for the fiscal year ended March 31, 2021 is planned at the Board of Directors' meeting held on May 13, 2021. The company now expects year-end dividend of JPY 421.00 per share against previously expected year-end dividend of JPY 380.00 per share. Reason for dividends forecast revision, TEL's dividend policy is to link dividend payments to business performance on an ongoing basis and a payout ratio is around 50% based on consolidated net income attributable to owners of parent. On the basis of the consolidated results for the fiscal year ended March 31, 2021 announced, TEL has revised upward the year-end dividends forecast announced on January 28, 2021.
공시 • Jan 29Tokyo Electron Limited Revises Earnings Guidance for the Year Ending March 31, 2021Tokyo Electron Limited revised earnings guidance for the year ending March 31, 2021. For the period, the company now expects net sales of ¥1,360.0 billion, Operating income of ¥306 billion and Net Income Attributable to Owners of Parent of ¥230 billion or ¥1,479.06 per share against previous guidance of net sales of ¥1,300.0 billion, Operating income of ¥281 billion and Net Income Attributable to Owners of Parent of ¥210 billion.
Board Change • May 20High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. 1 highly experienced director. President, CEO, Representative Director & Corporate Officer Toshiki Kawai is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공시 • May 01Tokyo Electron Limited, Annual General Meeting, Jun 23, 2026Tokyo Electron Limited, Annual General Meeting, Jun 23, 2026.
공시 • Mar 26Tokyo Electron Limited to Report Fiscal Year 2026 Results on Apr 30, 2026Tokyo Electron Limited announced that they will report fiscal year 2026 results at 4:00 PM, Tokyo Standard Time on Apr 30, 2026
공시 • Feb 07+ 1 more updateTokyo Electron Limited Revises Year End Dividend Guidance for the Fiscal Year Ending March 31, 2026Tokyo Electron Limited revised year end dividend guidance for the fiscal year ending March 31, 2026. For the period, the company now expected year end dividend of JPY 337 per share as compared to previously forecast of JPY 269 per share. Dividend policy is to link dividend payments to business performance on an ongoing basis. Basic policy for returning profits to shareholders is to maintain a payout ratio of around 50% based on consolidated net income attributable to owners of parent. Due to the revision of consolidated financial forecasts mentioned earlier, would like to revise the annual dividends forecast from JPY 533 per share as announced on October 31, 2025, to JPY 601 per share (Interim dividends: JPY 264, Year-end dividends: JPY 337).
공시 • Feb 06Tokyo Electron Limited (TSE:8035) announces an Equity Buyback for 7,500,000 shares, representing 1.63% for ¥150,000 million.Tokyo Electron Limited (TSE:8035) announces a share repurchase program. Under the program, the company will repurchase up to 7,500,000 shares, representing 1.63% of its issued share capital, for ¥150,000 million. The purpose of the program is to implement growth investments aimed at mid- to long-term profit growth, while also considering the company's current cash position. The program is valid till March 31, 2026. As of December 31, 2025, the company had 459,713,635 outstanding shares (excluding treasury stock) and 11,919,098 treasury shares.
Board Change • Dec 30High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. 1 highly experienced director. President, CEO, GM of Corporate Innovation Division, Representative Director & Corporate Officer Toshiki Kawai is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공시 • Dec 24Tokyo Electron Limited to Report Q3, 2026 Results on Feb 06, 2026Tokyo Electron Limited announced that they will report Q3, 2026 results on Feb 06, 2026
공시 • Oct 31+ 1 more updateTokyo Electron Limited Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026Tokyo Electron Limited revised consolidated earnings guidance for the fiscal year ending March 31, 2026. for the year, the company expects net sales of JPY 2,380,000 million, operating income of JPY 586,000 million, net income attributable to owners of parent of JPY 488,000 million and net income per share of JPY 1,064.77 against net sales of JPY 2,350,000 million, operating income of JPY 570,000 million, net income attributable to owners of parent of JPY 444,000 million and net income per share of JPY 969.12 expected previously.
공시 • Sep 26Tokyo Electron Limited to Report Q2, 2026 Results on Oct 31, 2025Tokyo Electron Limited announced that they will report Q2, 2026 results on Oct 31, 2025
공시 • Jun 24Tokyo Electron Limited to Report Q1, 2026 Results on Jul 31, 2025Tokyo Electron Limited announced that they will report Q1, 2026 results at 4:00 PM, Tokyo Standard Time on Jul 31, 2025
공시 • Apr 30Tokyo Electron Limited, Annual General Meeting, Jun 17, 2025Tokyo Electron Limited, Annual General Meeting, Jun 17, 2025.
공시 • Mar 20Tokyo Electron Limited to Report Fiscal Year 2025 Results on Apr 30, 2025Tokyo Electron Limited announced that they will report fiscal year 2025 results on Apr 30, 2025
공시 • Mar 19Tokyo Electron Limited Announces Board RetirementsTokyo Electron Limited announces that its Board of Directors has decided on the list of candidates for Corporate Director and Audit & Supervisory Board Member on March 19, 2025. The official resolution on these matters will be made at the Annual General Meeting of Shareholders held on June 17, 2025. Retiring Corporate Director: Yoshikazu Nunokawa. Retiring Audit & Supervisory Board Members: Kazushi Tahara, and Kyosuke Wagai (Outside Audit & Supervisory Board Member).
공시 • Feb 08+ 1 more updateTokyo Electron Limited Provides Dividend Guidance for the Fiscal Year Ending March 31, 2025Tokyo Electron Limited provided dividend guidance for the Fiscal year ending March 31, 2025. For the year, the company expects dividend of JPY 306.00 per share compared to JPY 245.00 per share a year ago.
공시 • Dec 25Tokyo Electron Limited to Report Q3, 2025 Results on Feb 06, 2025Tokyo Electron Limited announced that they will report Q3, 2025 results on Feb 06, 2025
Reported Earnings • Nov 14Second quarter 2025 earnings released: EPS: JP¥255 (vs JP¥158 in 2Q 2024)Second quarter 2025 results: EPS: JP¥255 (up from JP¥158 in 2Q 2024). Revenue: JP¥566.6b (up 32% from 2Q 2024). Net income: JP¥117.7b (up 61% from 2Q 2024). Profit margin: 21% (up from 17% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • Nov 12Tokyo Electron Limited (TSE:8035) announces an Equity Buyback for 3,500,000 shares, representing 0.76% for ¥70,000 million.Tokyo Electron Limited (TSE:8035) announces a share repurchase program. Under the program, the company will repurchase up to 3,500,000 shares, representing 0.76% of its issued share capital, for ¥70,000 million. The purpose of the program is to implement growth investments aimed at mid- to long-term profit growth, while also considering the company's current cash position. The program is valid till January 31, 2025. As of September 30, 2024, the company had 462,297,995 outstanding shares (excluding treasury stock) and 9,334,738 treasury shares.
공시 • Sep 25Tokyo Electron Limited to Report Q2, 2025 Results on Nov 12, 2024Tokyo Electron Limited announced that they will report Q2, 2025 results on Nov 12, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥237 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 43% and the cash payout ratio is 84%. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.2%).
Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥273 (vs JP¥137 in 1Q 2024)First quarter 2025 results: EPS: JP¥273 (up from JP¥137 in 1Q 2024). Revenue: JP¥555.1b (up 42% from 1Q 2024). Net income: JP¥126.2b (up 96% from 1Q 2024). Profit margin: 23% (up from 16% in 1Q 2024). 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 8.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 08+ 1 more updateTokyo Electron Limited Revises Earnings Guidance for the Six Months Ending September 30, 2024 and Year Ending March 31, 2025Tokyo Electron Limited revised earnings guidance for the six months ending September 30, 2024 and year ending March 31, 2025. For the six months period, the company expects Net sales of JPY 1,100,000 million compared to previous guidance of JPY 1,000,000, Operating income of JPY 288,000 million compared to previous guidance of JPY 243,000 million, Net income attributable to owners of parent of JPY 218,000 million compared to previous guidance of JPY 185,000 million, Net income per share of JPY 472.61 compared to previous guidance of JPY 399.59 . For the year, the company expects Net sales of JP 2,300,000 million compared to previous guidance of JPY 2,200,000 million, Operating income of JPY 627,000 million compared to previous guidance of JPY 582,000 million, Net income attributable to owners of parent of JPY 478,000 million compared to previous guidance of JPY 445,000 million, Net income per share of JPY 1,036.94 compared to previous guidance of JPY 961.19.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €161, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €160 per share.
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €187, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total returns to shareholders of 79% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €138 per share.
Declared Dividend • Jul 11Final dividend of JP¥200 announcedShareholders will receive a dividend of JP¥200. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 92%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (72% cash payout ratio). The dividend has increased by an average of 40% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 66% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jun 23Tokyo Electron Limited to Report Q1, 2025 Results on Aug 08, 2024Tokyo Electron Limited announced that they will report Q1, 2025 results on Aug 08, 2024
Reported Earnings • Jun 21Full year 2024 earnings released: EPS: JP¥784 (vs JP¥1,008 in FY 2023)Full year 2024 results: EPS: JP¥784 (down from JP¥1,008 in FY 2023). Revenue: JP¥1.83t (down 17% from FY 2023). Net income: JP¥364.0b (down 23% from FY 2023). Profit margin: 20% (down from 21% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥784 (vs JP¥1,008 in FY 2023)Full year 2024 results: EPS: JP¥784 (down from JP¥1,008 in FY 2023). Revenue: JP¥1.83t (down 17% from FY 2023). Net income: JP¥364.0b (down 23% from FY 2023). Profit margin: 20% (down from 21% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 11+ 1 more updateTokyo Electron Limited Resolves to Pay Year-End Dividend for the Fiscal Year Ended March 31, 2024, Payable on May 29, 2024Tokyo Electron Limited (TEL) announced that its Board of Directors held on May 10, 2024 resolved to pay year-end dividend of JPY 245 per share for the fiscal year ended March 31, 2024 from surplus to the shareholders registered as of March 31, 2024 against JPY 854 per share including commemorative dividend of JPY 200 per share paid a year ago. Payment date is May 29, 2024.
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €194, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 13x in the Semiconductor industry in Germany. Total returns to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €129 per share.
Board Change • Mar 29Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Sachiko Ichikawa was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Mar 28Tokyo Electron Limited, Annual General Meeting, Jun 18, 2024Tokyo Electron Limited, Annual General Meeting, Jun 18, 2024.
공시 • Mar 27Tokyo Electron Limited Announces Retirement of Makiko Eda as Corporate Director and Masataka Hama as Audit & Supervisory Board MemberTokyo Electron Limited announced the retirement of Makiko Eda as Corporate Director and Masataka Hama as Audit & Supervisory Board Member.
공시 • Mar 23Tokyo Electron Limited to Report Fiscal Year 2024 Results on May 10, 2024Tokyo Electron Limited announced that they will report fiscal year 2024 results on May 10, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥219 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 48% and the cash payout ratio is 95%. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.2%).
Reported Earnings • Feb 11Third quarter 2024 earnings released: EPS: JP¥219 (vs JP¥183 in 3Q 2023)Third quarter 2024 results: EPS: JP¥219 (up from JP¥183 in 3Q 2023). Revenue: JP¥463.7b (flat on 3Q 2023). Net income: JP¥101.5b (up 19% from 3Q 2023). Profit margin: 22% (up from 18% in 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 09+ 1 more updateTokyo Electron Limited Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Tokyo Electron Limited revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company now expects net sales of JPY 1,830,000 million, Operating income of JPY 445,000 million, Net income attributable to owners of parent of JPY 340,000 million, Net income per share of JPY 732.16 against previous guidance of net sales of JPY 1,730,000 million, Operating income of JPY 401,000 million, Net income attributable to owners of parent of JPY 307,000 million, Net income per share of JPY 661.14.
공시 • Dec 23Tokyo Electron Limited to Report Q3, 2024 Results on Feb 09, 2024Tokyo Electron Limited announced that they will report Q3, 2024 results on Feb 09, 2024
Reported Earnings • Nov 12Second quarter 2024 earnings released: EPS: JP¥158 (vs JP¥383 in 2Q 2023)Second quarter 2024 results: EPS: JP¥158 (down from JP¥383 in 2Q 2023). Revenue: JP¥427.8b (down 40% from 2Q 2023). Net income: JP¥73.2b (down 59% from 2Q 2023). Profit margin: 17% (down from 25% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year.
공시 • Nov 10+ 1 more updateTokyo Electron Limited Declares Interim Dividend for the First Half of the Fiscal Year Ending March 31, 2024, Payable on December 7, 2023Tokyo Electron Ltd. announced that on November 10, 2023, its Board of Directors had passed a resolution to pay interim dividend from surplus (for the first half of the fiscal year ending March 31, 2024) of JPY 148 per share to shareholders of record as of September 30, 2023. Effective date is December 7, 2023.
공시 • Sep 22Tokyo Electron Limited to Report Q2, 2024 Results on Nov 10, 2023Tokyo Electron Limited announced that they will report Q2, 2024 results on Nov 10, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥128 per share at 1.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 07 December 2023. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.1%).
공시 • Aug 12+ 1 more updateTokyo Electron Limited Provides Dividend Guidance Second Quarter and Year Ending March 31, 2024Tokyo Electron Limited provided dividend guidance for the second quarter and year ending March 31, 2024. For the quarter, the company expects dividend of JPY 128.00 per share against JPY 857.00 per share a year ago.For the year, the company expects, dividend of JPY 192.00 per share against JPY 854 per share a year ago.
Reported Earnings • Aug 11First quarter 2024 earnings released: EPS: JP¥137 (vs JP¥189 in 1Q 2023)First quarter 2024 results: EPS: JP¥137 (down from JP¥189 in 1Q 2023). Revenue: JP¥391.7b (down 17% from 1Q 2023). Net income: JP¥64.3b (down 27% from 1Q 2023). Profit margin: 16% (down from 19% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
공시 • Jul 01Tokyo Electron Limited to Report Q1, 2024 Results on Aug 10, 2023Tokyo Electron Limited announced that they will report Q1, 2024 results at 3:30 PM, Tokyo Standard Time on Aug 10, 2023
Reported Earnings • Jun 22Full year 2023 earnings released: EPS: JP¥3,023 (vs JP¥936 in FY 2022)Full year 2023 results: EPS: JP¥3,023 (up from JP¥936 in FY 2022). Revenue: JP¥2.21t (up 10% from FY 2022). Net income: JP¥471.6b (up 7.9% from FY 2022). Profit margin: 21% (in line with FY 2022). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
New Risk • Jun 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change).
Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €127, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €65.15 per share.
Reported Earnings • May 15Full year 2023 earnings released: EPS: JP¥1,008 (vs JP¥936 in FY 2022)Full year 2023 results: EPS: JP¥1,008 (up from JP¥936 in FY 2022). Revenue: JP¥2.21t (up 10% from FY 2022). Net income: JP¥471.6b (up 7.9% from FY 2022). Profit margin: 21% (in line with FY 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
공시 • May 12+ 2 more updatesTokyo Electron Limited Revises Dividend Guidance for the Fiscal Year Ended March 31, 2023, Payable on May 31, 2023Tokyo Electron Limited revises dividend guidance for the fiscal year ended March 31, 2023. The company now expects to pay JPY 854 against JPY 731 forecasted previously. Payment date May 31, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥731 per share at 2.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 31 May 2023. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.1%).
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥548 (vs JP¥707 in 3Q 2022)Third quarter 2023 results: EPS: JP¥548 (down from JP¥707 in 3Q 2022). Revenue: JP¥467.8b (down 7.6% from 3Q 2022). Net income: JP¥85.6b (down 22% from 3Q 2022). Profit margin: 18% (down from 22% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
공시 • Feb 10+ 1 more updateTokyo Electron Limited Reaffirms Commemorative Dividend Guidance for the Year Ending March 31, 2023Tokyo Electron Limited reaffirmed commemorative dividend guidance for the year ending March 31, 2023. For the year, the company expects commemorative dividend of JPY 200 per share.
공시 • Dec 23Tokyo Electron Limited to Report Q3, 2023 Results on Feb 09, 2023Tokyo Electron Limited announced that they will report Q3, 2023 results on Feb 09, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥1,149 (vs JP¥642 in 2Q 2022)Second quarter 2023 results: EPS: JP¥1,149 (up from JP¥642 in 2Q 2022). Revenue: JP¥709.2b (up 48% from 2Q 2022). Net income: JP¥179.3b (up 80% from 2Q 2022). Profit margin: 25% (up from 21% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 12Second quarter 2023 earnings released: EPS: JP¥858 (vs JP¥642 in 2Q 2022)Second quarter 2023 results: EPS: JP¥858 (up from JP¥642 in 2Q 2022). Revenue: JP¥591.4b (up 23% from 2Q 2022). Net income: JP¥133.7b (up 34% from 2Q 2022). Profit margin: 23% (up from 21% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Oct 29Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be €331, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings is also forecast to grow by 4.5% per annum over the same time period.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥751 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 09 December 2022. Payout ratio is a comfortable 51% and the cash payout ratio is 76%. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.3%).
Reported Earnings • Aug 09First quarter 2023 earnings released: EPS: JP¥566 (vs JP¥645 in 1Q 2022)First quarter 2023 results: EPS: JP¥566 (down from JP¥645 in 1Q 2022). Revenue: JP¥473.7b (up 4.8% from 1Q 2022). Net income: JP¥88.1b (down 12% from 1Q 2022). Profit margin: 19% (down from 22% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 15%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year and the company’s share price has also increased by 32% per year.
Board Change • Jul 31High number of new directorsIndependent Outside Director Sachiko Ichikawa was the last director to join the board, commencing their role in 2021.
Buying Opportunity • Jul 22Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be €397, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings is also forecast to grow by 6.6% per annum over the same time period.
Reported Earnings • Jun 24Full year 2022 earnings releasedFull year 2022 results: Revenue: JP¥2.00t (up 43% from FY 2021). Net income: JP¥437.1b (up 80% from FY 2021). Profit margin: 22% (up from 17% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 14% growth forecast for the industry in Germany.
Reported Earnings • Jun 24Full year 2022 earnings releasedFull year 2022 results: Revenue: JP¥2.00t (up 43% from FY 2021). Net income: JP¥437.1b (up 80% from FY 2021). Profit margin: 22% (up from 17% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 14% growth forecast for the industry in Germany.
Reported Earnings • May 14Full year 2022 earnings released: EPS: JP¥2,808 (vs JP¥1,562 in FY 2021)Full year 2022 results: EPS: JP¥2,808 (up from JP¥1,562 in FY 2021). Revenue: JP¥2.00t (up 43% from FY 2021). Net income: JP¥437.1b (up 80% from FY 2021). Profit margin: 22% (up from 17% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 13%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Outside Director Sachiko Ichikawa was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥693 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 May 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.1%).
Buying Opportunity • Mar 09Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be JP¥523, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% per annum over the last 3 years. Earnings per share has grown by 18% per annum over the last 3 years.
Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥707 (up from JP¥297 in 3Q 2021). Revenue: JP¥506.5b (up 74% from 3Q 2021). Net income: JP¥110.0b (up 138% from 3Q 2021). Profit margin: 22% (up from 16% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.9%. Over the next year, revenue is forecast to grow 11%, compared to a 16% growth forecast for the industry in Germany. 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 53% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 14Second quarter 2022 earnings released: EPS JP¥642 (vs JP¥357 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥480.5b (up 36% from 2Q 2021). Net income: JP¥99.9b (up 80% from 2Q 2021). Profit margin: 21% (up from 16% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥562 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 27 November 2021. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.7%).
공시 • Aug 31Tokyo Electron Announces the Launch of PrexaTokyo Electron announced the launch of Prexa, the next-generation 300mm wafer prober that succeeds the Precio series of 300mm wafer probers. Demand for semiconductors is rising with the growth of information and communication technologies and the ongoing shift to a digital society. Accordingly, technological requirements for semiconductor production equipment are also becoming increasingly complex and challenging. In addition to process scaling, 3D stacking is drawing the industry’s attention as it enables leading-edge packaging that integrates multiple devices and/or heterogeneous devices. Its implementation necessitates a wafer testing process with reliable KGD* performance, which requires advanced features for wafer probers. While inheriting a number of key technologies from the Precio series, the Prexa wafer prober also adopts innovative functions and features—including error/assist reduction and enhanced automation—to achieve higher productivity than its predecessors. The Prexa platform also supports features that are drawing attention lately, including thermal control during the device tests and high load control of the stage for memory device. Functions and features of Prexa: Automation of operations including setups. Error/assist reduction and high-accuracy contact enabled by the latest optic system and new algorithms. High-speed inspection of probe tips and probe marks. TEL remains committed to providing the Best Products and Best Technical Service that satisfy the market’s needs. KGD: Known Good Die. It refers to bare chips (or bare dies) that have been fully tested and assured to be defect-free before being placed into their packages. Precio and Prexa are registered trademarks or trademarks of Tokyo Electron Group in Japan and/or other countries.
Reported Earnings • Aug 18First quarter 2022 earnings released: EPS JP¥645 (vs JP¥363 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥452.0b (up 44% from 1Q 2021). Net income: JP¥100.4b (up 78% from 1Q 2021). Profit margin: 22% (up from 18% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jun 20Full year 2021 earnings released: EPS JP¥1,562 (vs JP¥1,171 in FY 2020)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥1.40t (up 24% from FY 2020). Net income: JP¥242.9b (up 31% from FY 2020). Profit margin: 17% (in line with FY 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.
Reported Earnings • May 02Full year 2021 earnings released: EPS JP¥1,562 (vs JP¥1,171 in FY 2020)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥1.40t (up 24% from FY 2020). Net income: JP¥242.9b (up 31% from FY 2020). Profit margin: 17% (in line with FY 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 34% per year, which means it is well ahead of earnings.
공시 • May 01Tokyo Electron Limited Revises Year-End Dividend Guidance for the Fiscal Year Ended March 31, 2021Tokyo Electron Limited (TEL) announced the year-end dividends forecast for the fiscal year ended March 31, 2021 has been revised. The formal resolution of the year-end dividends for the fiscal year ended March 31, 2021 is planned at the Board of Directors' meeting held on May 13, 2021. The company now expects year-end dividend of JPY 421.00 per share against previously expected year-end dividend of JPY 380.00 per share. Reason for dividends forecast revision, TEL's dividend policy is to link dividend payments to business performance on an ongoing basis and a payout ratio is around 50% based on consolidated net income attributable to owners of parent. On the basis of the consolidated results for the fiscal year ended March 31, 2021 announced, TEL has revised upward the year-end dividends forecast announced on January 28, 2021.
Upcoming Dividend • Mar 24Upcoming dividend of JP¥380 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 02 June 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (0.7%).
Reported Earnings • Feb 18Third quarter 2021 earnings released: EPS JP¥297 (vs JP¥316 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: JP¥291.7b (down 1.3% from 3Q 2020). Net income: JP¥46.2b (down 6.4% from 3Q 2020). Profit margin: 16% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 18Revenue misses expectationsRevenue missed analyst estimates by 6.8%. Over the next year, revenue is forecast to grow 11%, compared to a 17% growth forecast for the Semiconductor industry in Germany.
Reported Earnings • Jan 30Third quarter 2021 earnings released: EPS JP¥297 (vs JP¥316 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: JP¥291.7b (down 1.3% from 3Q 2020). Net income: JP¥46.2b (down 6.4% from 3Q 2020). Profit margin: 16% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Jan 30Revenue misses expectationsRevenue missed analyst estimates by 6.8%. Over the next year, revenue is forecast to grow 10%, compared to a 20% growth forecast for the Semiconductor industry in Germany.
공시 • Jan 29Tokyo Electron Limited Revises Earnings Guidance for the Year Ending March 31, 2021Tokyo Electron Limited revised earnings guidance for the year ending March 31, 2021. For the period, the company now expects net sales of ¥1,360.0 billion, Operating income of ¥306 billion and Net Income Attributable to Owners of Parent of ¥230 billion or ¥1,479.06 per share against previous guidance of net sales of ¥1,300.0 billion, Operating income of ¥281 billion and Net Income Attributable to Owners of Parent of ¥210 billion.
Is New 90 Day High Low • Jan 18New 90-day high: €352The company is up 50% from its price of €235 on 20 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €191 per share.
Is New 90 Day High Low • Dec 29New 90-day high: €305The company is up 37% from its price of €222 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €184 per share.
공시 • Dec 26Tokyo Electron Limited to Report Q3, 2021 Results on Jan 28, 2021Tokyo Electron Limited announced that they will report Q3, 2021 results on Jan 28, 2021