Disco Corporation sales soar in Q1 driven by AI demand
Disco Corporation (TSE:6146) announced preliminary non-consolidated results for the first quarter of fiscal year 2025, revealing substantial growth driven by robust demand. Net sales reached JPY75.4B, a 10.1% year-over-year increase, exceeding the company's most recent forecast by 23.1%. Shipment amounts, closely linked to market trends, hit a record high of JPY93.0B, marking an 8.5% increase compared to the same period last year and a 21.5% jump from the previous quarter. The company attributes this success to continued high demand for precision processing equipment, especially within the generative AI sector, along with increased utilization rates impacting sales of precision processing tools. Disco Corporation will release its official financial results for the first quarter on July 17, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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