Tomen Devices Q1 profit drops 44% despite chip growth

Tomen Devices Corporation reported Q1 2025 net sales of 102,386 million yen, down 0.5% year-on-year. Operating profit fell 44.0% to 1,846 million yen, primarily due to yen appreciation and hedging impacts.

The System LSI segment saw a significant 45.2% increase in net sales to 17,827 million yen, driven by CMOS image sensors. The Memory segment's net sales decreased 6.8% to 81,015 million yen.

Total assets increased 39.3% to 158,742 million yen from the previous fiscal year-end. The company maintained its full-year forecast of 400,000 million yen in net sales.